Your debt isn’t real

Nadav Reis
3 min readJul 26, 2023

Dealing with the emotions of debt and financial struggle

Image by Yan Krukau on Pexels

Does the burden of debt ever keep you awake at night? Do you often find yourself overwhelmed, feeling like the mountain of obligations you owe will never go away? If you’ve ever experienced this feeling (haven’t we all?), I’d like to share with you a thought that could change your perspective.

The Phone Rings…

Picture this scenario: Your bank calls you one day and tells that you owe them a whopping $1 million. This is due to some incident that occurred five years ago, and they have been attempting to contact you since then. The bank insists they need the $1 million repayment immediately.

Just imagine, $1 million? An amount so large, it seems impossible to pay off. The panic starts to settle in. But what’s surprising is that this debt has been lingering for years, and you’re only just discovering it now. You owed the money yesterday, but you didn’t experience that nauseous feeling in the pit of your stomach then. Why is that?

The answer is simple, but few people realize it. The debt you owe and the stress you feel about it are two completely separate things. However, most of us tend to mix them up and treat them as one. Debt is debt. Acknowledging that you’re in debt is the first step, and yes, it’s a…

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Nadav Reis
Nadav Reis

Written by Nadav Reis

Nadav is the Financially Savvy Parent. He empowers individuals and parents young & old to have a healthy relationship with money. Head of Content.