So many attempts to get rid of credit card debt start out promising and then fail. Is that because people really like debt? Not at all — they just really need to still keep things under realistic lines.
Realistic lines? What does that really mean? No problem — we’d be more than happy to explain all of this stuff to you so you have a better understanding of what we’re really trying to say. You see, if you’re trying to get out of debt, you might think an extreme approach — like cutting all of your fun expenses — is going to do it faster. And if we’re just looking at the numbers, this is definitely true — you will do a lot better with a fast blast of money at your debts than a slow blast. But that’s only the short term nature kicking in. most people really aren’t that disciplined to deal with watching all of the money that they’ve worked so hard to get be taken off to pay the bills. If you’re in this category, don’t worry — you’re actually in very good company.
You really don’t want to be that person that thinks that it’s impossible to get stuff done in terms of getting out of debt. What you really need to focus on is building something that works with your goals, not someone else’s. Just because you’re not going to be on the Extreme Cheapskate show anytime soon doesn’t mean that you can’t get out of debt. Some people feel just fine living on so little money, but if you know that there are some things that really do contribute to your overall quality of life, then you really need to make sure that you get them taken care of. That’s the best way to really make sure that you’re able to get out of debt in the long run.
It’s really going to be consistency that rules the entire day. The more work that you can put into being consistent with your debt reduction plan, the more results that you will eventually see.
For example, are you only thinking about the hard work? Try looking at what’s waiting for you around the corner. If you know that getting out of debt would allow you to travel more, then you might want to build a little posterboard with all of the goals that you ultimately have in the long run. That’s an excellent way to really make sure that you will eventually reach the goals that matter to you.
Life is too short to think that credit card debt should run your life. Keep it realistic in terms of your debt reduction plan and you’ll go far!