Do you believe in the tooth fairy? There have been times when I wished that I would actually get money for losing teeth. I mean…last year I had four wisdom teeth pulled and I had to PAY money. $975 to be exact (and that was just for the root canal specialist). Nobody put anything underneath my pillow except for an ice pack and an entire bottle of Ibuprofen! What would my life have been like if the tooth fairy were present? Would it really solve my money problems?
MYTH #1 – IF I COULD JUST MAKE MORE MONEY THEN I WOULD HAVE NO MORE DEBT
Really? I know for a fact that this is not true! My husband and I have said that MANY times and guess what – we always wound up right back where we started – in debt. We just thought that if we had more money then all our problems would disappear. The problem was that when we did start making more money, we just accrued more debt. How is that? Well, the answer is simple. We never got it. We never learned the lesson. We never saw that the problem was not the amount of money. The problem was that we didn’t know how much was coming and how much was leaving our household. We never made a plan – or budget.
MYTH #2 – IF I COULD JUST GET A BREAK THEN I COULD GET AHEAD
Unfortunately, it seems like there are very few “breaks” when paying off debt. The only “break” that we ever received was when I had $5,000 forgiven on my student loan. Although, that was still no lucky break. I worked for five years in a Title I school and that is how the loan was forgiven. I still had to do the work to get that money off of my $10,000 loan. Instead of waiting around for something that may never happen, get out there and do something about it. Live in reality and don’t wait around for some fairy tale ending. It’s probably not going to happen!
MYTH #3 – IT SEEMS LIKE THE TOOTH FAIRY VISITS EVERYBODY ELSE’S HOUSE BUT MINE
This is a myth that I have struggled with for many years. It is something that Satan has planted in my brain and I fight this battle daily. One thing you have to remind yourself is not to look at everybody else and what they have. Just because people look like they have it made on the outside does not mean that they have it altogether on the inside. Be careful coveting what others have. It may look like they have a magical fairy visiting them on a nightly basis and giving them nice vehicles and clothes, but you don’t know how they really achieved those things. In reality, they may have more credit card debt than you have and they may be hurting more than you are. You would hope that this person is not really in that situation, but I have learned not to judge a book by it’s cover. A lot of people that I meet who have financial woes are all smiles on the outside, but inside their heart is broken in many pieces.
FACT – THE TOOTH FAIRY CAN TEACH US A LESSON IF VIEWED THIS WAY
I want you to view the tooth fairy the same way as David Richerby did when he said, “The tooth fairy teaches children they can sell body parts for money.” So, when viewed this way, the answer is “Yes!”. The tooth fairy really can teach us a lesson about money. Remember this when you don’t know what to do for money. Sell something. I’m not saying to pull your teeth out of your mouth! I am simply saying that when times are hard be creative and think outside the box for a way to fix the problem. We no longer think, “Oh, it’s okay. I’ll just put that on a credit card.” Now we say things like “What can we sell quickly to get the money to pay for this?” – or – “What job can we do to make some quick income?’ This is how you think when you only use cash.
Are you guilty of believing one of the myths that I listed above?