One of the hardest things you’ll have to do when you’re getting serious with your finances is to face the facts. The way you’ve been living isn’t sustainable and has to be changed.How do you pay off debt and still have a life?
Instead of focusing on all of the things you CAN’T have or do while paying off debt, it is time to turn your thoughts to all of the positive things that will happen when you are debt-free.One good way to keep your mindset positive is to make a list of the reasons why you are paying off your debt.
Write your financial goals down. Think about them. Visualise yourself accomplishing those goals. When the mundane day-to-day of paying off debt has you down, allow yourself to dream about your financial goals. This will help you stay motivated and on track.
Try breaking your debt repayment into smaller bite-sized goals and add a fun incentive for when you reach each of these mini-goals. Just make sure to add any money you need for your rewards into your budget!