I don’t want to burst your bubble but for many of us, being in debt is already a way of life. Many people can barely remember a time when they weren’t in debt. And obviously, paying debt is as painful and difficult as going on a diet.
So, in today’s post I’d like to unveil you some secrets: the realizations that will help you get out of debt once and for all.
If you’re currently struggling under a burden of debt and feel like there is no way out, let’s scroll and read on!
1. If you really want to get out of debt, make it a priority
I usually go to yoga class at 6.30PM every Monday, Wednesday and Friday. I get used to seeing the same old faces every time I come to class. However, a few days back, a rather “big” lady joined us.
Don’t get me wrong. I didn’t mention her because I want to mock her or anything related.
I just couldn’t help but wonder why it’s taken her so long to do yoga or join the gym. Many of us decided to get in shape when we were half her size. Instead, she just sat home.
It’s useless to just dream about losing weight — or getting out of debt. You must make it a priority. It has to be your number one focus — no matter what. Just like I said before: “Do not buy a diet coke if you want to lose weight — drink water”
Once you truly decide — like the girl at my yoga class — that’s really when the things start to change for you.
2. You have to change your lifestyle
Paying off debt means you’re going to have to stop spending money on other things that bring you pleasures. It means no new gorgeous shoes. No stunning dress. And certainly no sunny beach vacation.
The biggest mistakes we usually make when paying off debt is trying to maintain our lifestyle just as it had been.
You want to pay off debt, but at the same time, you also want to go out drinking with your friends or eating out in restaurant with your family. That are completely polar opposite. It’s a bit like trying to head North and South at the same time. How can it happen?
If you’re serious about becoming debt free, you must consider your lifestyle first and yes, be willing to change it for the better.
3. You’re going to pay off your debt anyway: Start sooner, finish sooner
The fact is the sooner you start paying off debt, the bigger benefits become. This is a marathon, not a sprint.
Every time you avoid spending unnecessary money, and instead put this money into debt repayment, is another step in the right direction to your financial dream.
Before debt steals the joy of your life; let’s make yourself a promise and start today. When you do, it’ll be so much easier to reach your eventual goal.