What? You don’t even know me! You may be thinking. But alas, I do know you! Well, maybe not know you, but if you’re in debt, I know a little bit about you, because you’re probably a lot like us.
For instance, you probably never meant to have huge amounts of debt hanging over your head. The debt probably kind of crept up on you. I mean, I know you knew it was there, but how did it get so out of hand?
You probably, like us, always wanted to be better with money, but then things happened. Maybe it was a job loss, or some medical bills that didn’t qualify for medical bankruptcy. Or maybe you, like us, spent money to handle emotional traumas you went through.
Whatever the reasons for your debt, I know you’d, like us, rather it not be there. And I’m pretty sure that, like us, the thought of going on a journey to pay off your debt probably seems like more stress than you’d care to deal with right now.
But I also know that you can do it. How do I know that? Here are some reasons:
- You’re smart. You may not think you’re smart, but you are. Maybe not Einstein smart, or book smart, but unless you have no desire whatsoever for a life without debt, and unless you love living a life where the creditors call you and the bills are constantly tapping you, you’ve got to have at least some smarts in you, so give yourself some credit, okay?
- You have drive. If you didn’t. you wouldn’t be reading this right now. You’d be off at some fast food place blowing some more cash, completely and totally ignoring your situation for years on end. If you’re googling “How to Pay off Debt” and/or reading personal finance articles, you definitely have drive. It may be way deep down inside you, and you may have not felt that drive for a long, long time, but trust me; it’s there.
- You’ve got support. Maybe not at home, or with extended family or friends, but maybe you do. Ask them, be honest with the trustworthy people in your life about where you’re at financially and where you want to be, and ask for their help and support. Their answer may surprise you. And if supportive people don’t exist in your circle of family or friends, you’ve got a plethora of good people in the Personal Finance blogging world who will gladly mentor and support you. They know, because they’ve been where you’re at, and are either on their way to debt free, or have crossed the finish line and are living a life of financial peace now. Use the free info they share to help plan your own road to debt free.
- You’ve got reasons. You know you do. Write them down. Write down all of the reasons why you want to be free from the burden of owing others money. Write down every reason why you want to pay off debt. Is it for your sanity? So you can travel? Build a nice home for yourself? Have choices about where you work and live? Is it for your family? What are your reasons? Write them down, keep that list, and study it every time you want to give up.
The road to debt free is often long and strenuous. Don’t expect it to be easy, and don’t’ always expect it to be fun. Oh, don’t misunderstand, there will be fun points along the way, like when you make it through your first 30 days of budgeting, or when you pay off that first credit card or other bill. Those will be the days when your drive and your determination are big enough to push you through the next hurdle. And the next. And the next. Then, it’s party time. Then, the big victory comes The victory where you can scream, and yell, and jump up and down and celebrate, saying “I’M DEBT FREE!”
Come on, you can do it!