Reach Debt Freedom Faster with One Simple Mindset Hack

Don't let weenie words hold you back! Reach debt freedom (and other goals) faster with this one simple mindset hack.There’s a simple mindset hack that can help you reach debt freedom faster. But before we get to it, it’s quiz time: What do all of these phrases have in common?

  • I’m trying to pay off debt
  • I wish my credit card didn’t have such a high interest rate
  • I’d like to be debt free
  • I want to build an emergency fund
  • I’m going to work on spending less

It’s not that they’re all related to debt or money. It’s that they all use weenie words.

How weenie words are holding you back

Weenie words like “try”, “wish”, “would like”, etc. mean you’re weaseling out of making a commitment on a goal — and you might not even know it.

Here’s why that’s a problem (and how a simple change can help.)
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The 8 Habits of Financially Successful People

8 habits for financial success that anyone can doFinancially successful people have several habits in common — and they might not be exactly what you’d guess. These are the 8 habits for financial success that anyone can learn and act on.

Here are the habits I’ve observed in people who are successful with their money:

1. They spend less than they earn.

This allows them to prepare well for emergencies, catastrophic events, and the inevitable unexpected expenses that come up in life. Do the same and you’ll be in pretty good shape right there. That’s because spending less than you earn keeps you from living paycheck to paycheck (or gets you out of that cycle if you’re in it right now.) It lets you take advantage of opportunities, and prevents unexpected expenses from derailing your plans.
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Debt and Suicide: Killing Yourself Over Debt

If you're thinking of suicide because of debt or any other reason, please consider this...This post is going to get personal. Suicide is heartbreaking, both for the people contemplating suicide (because of their student loans, other debt, or any reason) and for the many people suicide always impacts (family, friends, and acquaintances). If you’re thinking of suicide, here are some things to consider.

If you’re thinking of suicide…

What I’m about to say in the next section is not to add guilt to the top of everything else you might be feeling if you’re thinking of suicide because of debt or any other reason.

It’s to let you know that you are not burdening people by staying alive, and life could get better in the future. Even if you’re facing homelessness, can’t find work, are in a bad relationship, have a mountain of debt, or are feeling hopeless for any reason. And I say all that as someone who has been clinically depressed and had brief thoughts like “what if I just turned the steering wheel real quick and hit that divider” in the past.

I couldn’t have imagined things could turn around when I was depressed, but they eventually did after I got help, changed some things in my life, and gave it time. Exercise (in the form of walking) helped too, even though I didn’t feel like getting out of bed.

I would have missed out on so much if I’d acted on that impulse. Luckily, I immediately thought of my son instead, who was a toddler at the time.

So keep in mind that it could get better than the empty depths of depression, loneliness, and despair you might be feeling today. I hope you choose to keep living. There are resources toward the end of this post that might be helpful. Click here to go straight to them.

Now, on to my story and other information…
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How These 6 Happiness Skills Can Help You Pay Off Debt

It's true! You can have fun while getting out of debt -- and the very steps you take to become debt free are also the steps to greater happinessHappiness. You want it. I want it. We all want it.

What if I told you the steps to getting out of debt will also bring you greater happiness?

“Wait just a minute!” you might say. “How is that even possible?”

“How on earth does someone become happier while getting out of debt?”

“Doesn’t getting out of debt mean a bunch of sacrifice, meaning living with less and NO FUN FOR ME?”

Well guess what! Not only can you have fun while getting out of debt, but the very steps you take to become debt free are also the same steps to greater happiness.

Still don’t believe me?

Let me give you an example.

Meet Julie Rains of Investing to Thrive.

Julie is a wife and mother. She has to manage a household with two children. Her husband and boys all had different agendas than getting debt free. Sound familiar?

Cut to the end of the story; Not only was she able to pay off $30,000, she began to enjoy her life more.

Here are some of the steps she took that helped her pay off her debt while becoming a happier version of herself.

Included are some action steps. Pick the ones that resonate with you and start there!
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