Eight steps to successfully get out of debt (and stay out).
With a little insight and discipline, financial control is a lot closer than you think.
As a personal development coach, I have worked with numerous individuals over the years to make better decisions and choices around empowering and improving their lives. One particular area many people seek guidance and support with is gaining control over is their finances, specifically getting out of debt. Having assisted countless clients to achieve this, I recently reflected on the characteristics and strategies required to be successful in achieving this goal, and feel that this would be valuable information to share with the world, especially at this time. The following eight elements are those that I have found to be pivotal to the success of those who gain control of their finances, get out of debt, and stay out.
- You have to have a clear focus on what you want to achieve, and set goals to make it happen.
Before working on any strategy, the first thing you need to do is be clear about what you want to do. Be clear about the path that lies ahead. Sit down and work out what you are spending money on and where your money is going each week. Writing a budget and being honest about your out goings is a great place to start. Once you’ve done this, what is it you want to achieve? Is it to pay off your credit card or loan? Is it to…
