Have you ever wondered what that saying meant? I think it is switched from the way I wrote it, but there is a reason. Of course, neither option sounds like fun. Here is my take on this old saying: If you are under some heat it is uncomfortable. Burning and painful. You are being consumed. I had always assumed this saying meant that you just switched from one bad thing to another equally bad thing. But I don't think so any more. What comes from fire is ashes. Total consumption. What comes from the frying pan, after a heated process, is something nurishing and something good for you and your family. So the wisdom for out of the fire and into the frying pan is this:
Pay off debt.
Highest interest rate first.
This is your get out of jail strategy. You may have a budgetted morsel for a bit of fun for yourself, but just a bit. Discipline yourself and pay that interest bearing debt off. We are going to have a party when it is retired.
God Bless You.
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