Do you have a list of must do’s for paying down your debt? Or are you looking for a new approach to hit your financial goals? What if keeping your financial to-do list simple gave you better results? I’ve kept my to-do list fairly simple and easy to follow for the past ten years. I’ve had many successes in hitting financial goals with my to-do list. It has also helped me steer through and around financial surprises. Read on to read my 7 must do’s for paying down your debt.
I was reminded at the end of April that sometimes you have to quiet the voices when paying down your debt! Even when you are on track and paying down your debt, the voice of doubt still manages to creep in. You feel like there HAS TO BE something else you could be doing. When your debt total is large like mine, you can get depressed. You begin to feel hopeless. This is why you should have someone you check in with to keep you accountable. I delayed sharing my numbers last month after having a discussion with my financial advisor, Annette. She reminded me that a person paying down debt always has a list of options. Read on for that list.
Patience is a bitch when you’re paying down debt! I think of how many clients I told, “It took a while to rack it up and it’ll take even longer to pay it off… but it will! You have to stay positive!” I remember saying that to myself again last April. If you’ll remember I mentioned in Debt Keeps Me Up At Night that I was ready to finally share my journey on paying down debt. I had been ashamed to do so prior but I was seeing the light again and my debt was going down! …Then $&*5 hit the fan. It began to rain unexpected financial surprises. I was prepared for NONE of them! Read on to see what has changed over the past year!