Living Like A Rock Star Might Force You Into Filing Bankruptcy

Living beyond your means is becoming the norm rather than the exception for people living in the US today. America has become addicted to stuff. Everyone wants to be famous and have all the things that famous people have. This is becoming a serious problem as many young people will do anything and I mean anything to have fame. This is one reason for the success of YouTube. Individuals do stupid stuff and post it on YouTube with hopes of millions viewing it and all this is done without acknowledging the side effects to their behavior. Another phenomenon is the popularity of reality shows. I don't understand why anyone would act like a New York City Housewife. Many people emulating this behavior put themselves in danger of filing bankruptcy because they are spending like a rock star. When you don't make that kind of money, just because you see it on TV doesn't mean you can afford it. Nowadays, with the average American family having $20,000 per household in credit card debt, it's no wonder that the number of those filing bankruptcy continues to increase.

In the past, when people watch TV they knew it wasn't real. When Magnum PI was popular on TV, everyone didn't go out and over extend themselves by buying a new Ferrari. In today's unrealistic society, it probably would have been impossible to even buy one because of the long waiting list.

When watching all the reality shows, the women appear to have perfect lives. They wear only designer clothes and drive luxury automobiles. What the media is portraying is not reality. What the media is portraying is an unsustainable lifestyle by a bunch of phonies. These lifestyles, unless you're Bill Gates, will only lead to a bankruptcy filing. If you read the blogs about the real story behind the scenes on the Real Housewives series you will see financial struggles, divorce, foreclosure and even bankruptcy. If you ask me, that doesn't sound much like a perfect life and it's not one that I want for myself and my family.

The true reality in life is if you spend more money than you make you will end up filing bankruptcy. Trying to finance a lifestyle of individuals you see on TV will leave you empty and broke. If this is the path you have started down, before it's too late, consult a bankruptcy attorney and break the cycle. Filing bankruptcy is not a fix all, but it will stop the creditors from hunting you down to be paid. Living inside your means can be very freeing. Talk with a bankruptcy attorney today and get on the road to becoming debt-free.

The author started DebtFreeBankruptcyAttorney.Com which is a website that helps individuals with debt problems by putting them in touch with a local bankruptcy attorney that specializes in filing bankruptcy under Chapter 7 and Chapter 13 bankruptcy. Check our website for more answers to bankruptcy questions and ideas on how to have a debt free future.