Thought for today: An unsecured loan is a loan requiring no collateral. It’s not like a loan for a house, car or other asset. Creditors charge a premium rate of interest because of the extra risk involved in unsecured loans. Because unsecured debt is so expensive, it causes extra pressure on borrowers to pay it […]
Continue reading →Thought for today: In business, there are times to detach from difficult personalities, and times to engage in dialogue. The art is to know when to do which, and how. Communication is always a key part of the art of dealing with life’s challenges. Whether we lead a small business, a family, a government, or […]
Continue reading →Thought for today: We come to DA knowing full well that our debts are out of hand. We admit we are powerless over debt in Step One. In Step Two, we come to believe that a “power greater than ourselves (the DA fellowship, our DA group, the “Collective Consciousness”, our Higher Power) can restore us […]
Continue reading →Thought for today: The stress of being a compulsive debtor is bound to take its toll. Living close to the edge leaves our nerves shot. After years of declining incomes, under earning and over spending, we can feel worn down. We didn’t get this bad overnight, and we won’t get better overnight. But change will […]
Continue reading →Thought for today: Martyrs make bad business people. As business owners with a lot of responsibilities, some of us became very irresponsible, neglecting basic needs for the sake of the business. That is why Business Debtors Anonymous has Tool Four… BDA Tool Four: We pay ourselves a salary including benefits, medical insurance, vacations, and sick […]
Continue reading →Thought for today: We come to DA hoping for a quick solution to our debt problem. It is often a last resort that we get here, after researching credit counseling, going to therapy, and awkward loans from family. At meetings, we may hear a prayer and we are encouraged to develop a relationship with a […]
Continue reading →Thought for today: We talk a lot about surrendering to the disease of debting, and the need to turn our life and will over to a Higher power. But what does that mean exactly? If we let go and turn our lives over to the care of a Higher Power, what’ll be left of us […]
Continue reading →Thought for today: Our DA program starts with hope. Without hope, we never would have taken the effort to get to a meeting and find out what it was all about. When we first hear about DA, we hope it has an answer to our debting problem. Someone told us about DA – a therapist, […]
Continue reading →Thought for today: A business that doesn’t have accurate records is like a rudderless ship, tossed around by the wind and storms of market forces. A member shares: “Cash flow in my landscaping business was a very difficult problem. I had a fleet of trucks and I used credit cards for gas and oil every day. I […]
Continue reading →Thought for today: Unity is a theme woven throughout DA. Although DA has a large membership worldwide, we come together to in effect become one fellowship, unified in our primary purpose of helping the debtor still suffering. We meet to share and strengthen each other. Our First Tradition states that “Our common welfare comes first. […]
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