It Takes Motivation
Sometimes when the debt is so large and you are looking at 2 to 3 yeas before you pay off the debt you feel like giving up. But a word of advice, it really does get easier. As you start to pay off more and more debt and sell results you create momentum which push you a long to continue on your journey to be debt free.
I have always compared getting out of debt to getting in shape. It’s hard but not impossible. It takes a plan (budget), discipline (tracking your progress) and motivation. I have found motivation is key to my success. Take notice of your small wins. Because every win is just that, a win!
Even if you are $80,000 in debt and have paid off $2,000 in the last year, that is great. You have taken action and need to stay motivated to succeed. Believe me that is better than doing nothing. And as you pay more off you will free up more cash to apply to debt and your debt reduction will start to rapidly increase. Thus the name debt snowball.
Slow to start but once it picks up speed it really gets moving. I believe in you guys so keep up the hard work and keep crushing that debt.
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