When you’re ready to tackle the process of how to get rid of debt quickly, you’ll need to establish some habits to make sure it sticks. Use these ideas to win the fight.
Figuring out how to get rid of debt requires three things: passion, determination, and a willingness to completely change your life.
You know you’ve got the passion when getting out of debt is all you think about.
Your friends and family know about the big goal, and they sometimes mention it when you’re together. “How’s the big plan going?” or “Do you want to just come to my place instead of meeting at the bar?”
Side note: if you’ve got friends and family that are supportive like this, be sure to hold on to them tight!
A sign of the right kind of determination is when you surprise yourself by saying “no” to something you usually spend money on automatically.
Because you’re determined to get that debt free life you know you deserve far more than any impulse buy.
While I’m a huge fan of January 1st, we usually don’t have any goals written by that date. The last week of December is filled with holidays, birthday celebrations, and seeing how long we can wear pajamas each day. Not a lot of room there for brainstorming our future.
But once the new year begins and we settle back into our routine, that’s when we’re ready to imagine our future.
Setting these goals was the most fun this meeting has been in years! While finishing off debt is the first thing we wrote down, we can see light at the end of the tunnel. We should send the last payment to the credit card companies in the next couple of months.
I can’t begin to tell you how sweet that feels.
Feel like you’ll never stop living paycheck to paycheck? Learn how to get ahead in life with these 7 ideas you can put to use right away.
The mailbox is full of bills, a kid just had an expensive trip to urgent care, and the car is in need of a repair. Now you are just hoping that there’s enough food in the pantry to get you through to the next paycheck.
But deep down, you know that you’re just going to find yourself running out of money again.
So how can you get ahead in life when you feel like you’re just falling further and further behind?
Let’s talk about some money goals that you can set for yourself to make this mess a little neater. Don’t be discouraged! These are goals that people in nearly any financial situation can take use.
If getting out of debt feels like a dream only meant for rich people, let’s find out what’s holding you back.
Have you ever just decided to stop looking at the little box that tells you how much you owe (total) on your credit card, because at this point, what’s the difference?
It was too high a year ago, and it’s surely worse now.
And nothing you have tried has worked to make it go away.
Well, let’s sleuth out the thing that’s messing up everything in your debt plan.
Figure out how to get out of debt with these steps, and start living the better life you dream about. The #yearofno technique is what you need to succeed this time!
The notepad in front of us clearly wasn’t lying.
We were up to our eyeballs in debt.
And that meant that all the plans we had just made for our upcoming year clearly weren’t happening.
Something had to give.
Debt was ruining our lives. And we were finally ready to do something about it.
But what made this time different?
Well, that’s what surprised us the most.
You know how Dave Ramsey tells you that Murphy will move in when you try to pay off debt? Boy, is he right! July was a tough month emotionally when it came to debt. But August was a doozy for bills!
With an eighth grader joining marching band this year, we were introduced to high school sized fees. Remember back when you couldn’t wait for the kids to leave diapers and formula because you would save so much money? Well it’s kinda like that all over again.
So we used one of our nice chunks of debt money to cover those bills instead. But we didn’t go into debt to cover these bills. And it didn’t leave us without food on our table. It simply backed our debt free date a little further down the calendar.