Investment or pay credit card debt?

Is it wise for me to take out cash investment to pay credit card?

It will definitely lessen my monthly credit card commitments, by half. I could be paying RM600 instead of RM1200.

But how does that extra RM600 benefit me?

It’ll definitely feel like I can breathe easy & less burden. But would it really? How long will that relief feel? How long until I start feeling like RM600 extra money is not enough?

Because it’s in the mind, right? If I feel I’m fine now, then it wouldn’t matter so much.

But I do feel like it isn’t enough. I still feel burdened. It’s because I don’t know how to plan and control and be disciplined with money.

By clearing off most of my credit card debt and have extra RM600 monthly, would it free me from having a scarcity mindset? Would I be able to experience and feel life from an abundance mindset?

Would I be able to just HAVE that RM600?

Even as of right now, I’m thinking of where to put the money at. Where it should go, where I can put it to “good use”.

Brooke said something about cognitive dissonance, about our reality and belief not aligning.

So I think this is about credit card debt. And how I feel when I don’t have any more credit card debt. I want to finish paying my credit card debt, but I’ve never actually thought how I’d feel when I don’t have any more.

I think maybe because deep down, I’ve never really believed I could clear up my credit card debt. I thought that it would be something that I have to deal with forever.

Holy crap, that’s really the truth. That’s it. I just never fully believed that I can clear my credit card debt. And that’s why I keep incurring more debt.

Hmm. So I have a new belief to believe.

Wow. I got some relief there. I’m able to identify one of the things that are weighing me down.

So current unconscious belief:
“My credit card debt is never going to end.”
“My credit card debt is zero. I’m not paying for credit card debt anymore.”

Slowly transition:
“My credit card debt is never going to end.”
“I have credit card debt”
“My credit card debt is decreasing”
“I have zero credit card debt”
“I’m spending within my means”

So I think it’s not that I don’t know what to do with the extra money, but I don’t know how I’d feel or do without my credit card debt.

That sounds so weird. Funny. I mean, it should be simple, right? I should feel happy. Syukur. Alhamdulillah. Grateful.

Is it because I’ve been living with a credit card debt for so long that it just… feels normal? I notice I feel down when I think about my credit card debt, and I sort of take comfort in being sad??? Like, feeling low, poor. Somehow I associate those feelings with being “humble” and “normal” – like I have other people’s problems. Like I can relate.

So it’s just a sense of belonging, then? Pft.

It’s probably going to take a while to switch into this new mindset. The abundance mindset.

What do you think?

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