The Rule of 2


In a world where spending money has become easier than ever, I ask you the question, what rules, mantras or guidelines do you have in place to ensure you don’t end up with a debt disaster?

Personally, I told myself to stick to the rule of two. I told myself the maximum number of debts I could manage was at most two. Anything more than two debts and I would be living above my means or living in a state of constant worry.

Well, at least I thought I stuck to this rule. Until more recently, when I took a closer look at my relationship with money. I now realise, I had a lot more than two debts at any given time. From the age I could apply for debt, I’ve turned to debt solutions for my wants and needs. In hindsight, I don’t regret this. It has helped form a good credit score.

At the mere age of 22, I have dealt with the following debts:

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