[Debt Freedom Series] Paying Off Debt Without Feeling Impoverished, pt 1
If you have debt then you know how much worry, stress and anxiety it can cause. So in this series I'm going to share some tips to help you eliminate some of those fears and worries so you can live joyfully and richly, even while you're in the process of paying down or paying off debt.
First of all, it's important to understand that there are just 3 things you need:
Honesty, A System, and Motivation.
With these elements in place you'll be surprised how quickly you can pay down or completely pay off your debt.
Carrying debt can cause of a tremendous amount of guilt, stress, shame, resentment and anxiety.
So paying it down or paying it off can feel exceptionally freeing and liberating.
Just imagine how good you'll feel when you no longer have those debt repayments and finally get to keep all of your money!
In order to be successful in not only getting out of debt, but staying out of debt, it's critical not to feel impoverished while you're paying it off.
Feeling poor is demoralizing and stressful, and you won't stick with it in the long run. If you try using an austere or strict budgeting plan, at some point you'll rebel or feel resentful and overspend.
In order to avoid that, here's the first thing to do instead.