Posted on February - 15 - 2010
A Simple Technique to Keep Motivated While Repaying Your Debt
Receive the latest Trees Full of Money articles FREE in your E-Mail or via RSS.
Even though my family and I repaid over $90,000 of debt in two short years, there were still times during the process when we would get discouraged that we would never reach our goal.
No matter how much debt you have, its easy to be overwhelmed with idea that it will be several years of hard work and sacrifice before your debt free efforts materialize. Not to mention the guilt you feel for having placed yourself (or your family) in that situation.
One of the best motivational techniques we found while working our way through a mountain of debt was displaying our progress in a highly visual place. For us, this meant using a dry erase marker on our bathroom mirror to keep track of how much debt we owed, how much debt we had paid off, and when our expected “debt free day” would come (using my debt snowball calculator)!
It may not seem like much, but it was just enough to keep us going between paychecks while our debt was sitting dormant, waiting for the next big “snowball payment” to come through.
