Friday, August 12, 2011

Our Love & Hate Relationship with Interest

Interest is constantly on my mind, like a lover I can't forget, or a drug I can't shake. Right now, I feel such passionate hate towards interest. I hate seeing it on my statement each month. I dread looking at the amount that's there. Each time I hope it's smaller and smaller, until finally one day I will be done with it. I detest knowing that each month I send HUNDREDS of extra dollars in to the creditors and for what? Stupid interest, that's what!

Right now, interest is the penalty I have to pay for the silly things I borrowed money for.

But I know down the road, once I've gotten the debt paid off, I'm going to feel such passionate love for interest. It's going to be the exact opposite of what it is right now. I'm going to welcome it and crave seeing it. I'm going to long for it and hope the amount is higher. It will become my lifeline, my addiction, my hope. One day interest may enable me to live the life I want to.

Interest will become the reward I'll receive for saving my money.

It's rare in life that we have such a love/hate relationship with anything and this is one that can help set us free or lock us under it's spell for life. Interest is powerful. I'm looking forward to the day when I recognize it's power as good instead of evil.


  1. that is so true, I hate seeing all the interest I'm paying out, can't wait to be back on the other side of the ledger where I'm tallying up how much interest I've earned instead!

  2. You can also double date it but you will always love one and hate one. Love when it's on your side. Hate it against you. What sucks though is that the one you hate is almost always higher.

  3. This is a great post. I like the analogy!

  4. This is a great post. I completely agree and often times feel the same way. I hate paying interest on anything, but can't get enough when it is the other way around.