Friday, April 8, 2011, AM | 1 Comment
Find your purpose in life, follow it and be debt free for the rest of your natural life. If you are in debt and some are up to their neck, more like drowning in debt, you probably have given advice to others how to get out of debt.
You believe others can get out of debt, but when it comes to your financial mishaps and misadventures, you procrastinate and not even try to be debt free.
You can only tell others how to get out of debt when you are living a debt-free life. The truth is that most people actually believe wholeheartedly that others can find their purpose and live a debt-free and happy life, but for some reason they don’t think it’s possible for them.
The good news is even if you don’t believe you can get out of debt, it is still possible to do so. First off, like the saying goes “You must think outside the box.” Stop doing what you are good at. That is stop spending. Spending recklessly and outside your means is how you have accumulated so much debt. It has become a nightmare for you.
You must believe in yourself
You must believe in yourself that you can get out of debt. Repeat in your heart that you can do it. You must think big and must be brave enough to do so. To get out of debt and live a debt-free life, you must begin to save even if it is $5 a week. You must get into the habit of spending less and saving more. Once you get into the habit, you will be saving a lot more than $5 a week.
Follow the simple two rules for saving:
- You always save when you save before you spend.
- You seldom save when you spend before you save.
Think about these two statements. For some these would be simple enough to follow. For others these might be bigger than Mount Everest to conquer. Remember Burt Reynolds in Deliverance? When someone asked why he should go canoeing the river. He said because it’s there. In other words, he could do it that’s why he said it.
You can get out of debt if you want. The debt will always be there unless you do something about it. Be positive in life. Never think for a minute: ““How the heck would I ever do that?” Take small steps towards a debt-free life.
In a Nutshell
You can only give advice to others and effectively about how to get out of debt when you have started to do so yourself and are closer to live a debt-free life.