Debt Reduction: It’s a Mindset Thing
I like numbers. Hence, I am a financial planner. But what I’ve found is that sometimes focusing too much on just the numbers in my financial life can leave me completely overwhelmed. Take debt, for example. Did you know the average amount of personal debt per person in the U.S. is $50,646?*
If you want to freak out even more, go to www.usdebtclock.org to see a running real-time total of all the debt facts you could ever want to know. When you look at how high our debt levels are, both individually and as a nation, you can definitely experience a huge case of what I call “paralysis of analysis.”
Since debt affects a lot of people, I thought it would be good to discuss ways to pay it off once and for all. But before we can jump into the tactical side of debt reduction, I think we need to start by understanding how to get into the right mindset to tackle our personal debt.
Watch this video, where I share tips on how to set the right mindset for successful debt reduction:
Then make sure you tune in next week, when I’ll discuss how to pay off your debt in the most efficient way.
Until then, I want you to forward this email to that friend or family member you know who also needs to understand how to set the right mindset for successful debt reduction. Remember: As we rise in our financial lives, it’s incredibly important we help those around us rise up as well. Thank you for helping me create a world of Financially Wise Women.
Love and success,