A survey by Money magazine found that two-in-three Americans started a plan to pay off their debt in the last year and 60% failed.
I’m so excited to get started on this series, to give you everything you need to beat your debt once and for all. And when I say everything, I mean everything.
Not having that motivation to pay off debt is the #1 reason people fail. It all but guarantees you fail at paying off the debt because why the hell are you doing it.
The very first step in your debt payoff plan is setting those financial goals, creating the why for your debt payoff. Making your goals be your motivation means making those goals real.
Write down three big goals you have in life. These can be retirement, your kids education, that dream vacation, anything. We’re talking big picture here, you don’t have to be too specific.
Now for each one of those goals, you’re going to imagine a story around it. Close your eyes and start building a picture.