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21 March 2007

What is "the secret" to getting out of debt?

A couple of weeks back someone asked me "What's the secret to getting out of debt?"

Wow, tough question, I thought.

Because so many people find it easy to get into debt. But getting out of debt, that's a whole different story. For many of us it's like going to the dentist - it's easier to pretend there's not a problem until the pain gets REAL bad, and you can't avoid it any further ... or else!

So, what is this secret to getting out of debt?

Is it debt settlement? Credit counseling? Getting lucky and winning the lottery? Investing in the stock market, or real estate?

Nope. Nope. Nope. And nope.

If there's one thing I've learned over the last few years, the secret to getting out of debt is ... well, it's the same as the secret to succeeding at anything in life:

  1. Making the commitment
  2. Doing everything possible to reach your goal
  3. Not stopping until you get there

Now, I'm not talking about asking your boss for a raise, or making a new year's resolution.

I'm talking about a real commitment. A REAL commitment. That you'll do WHATEVER it takes. And you won't EVER give up.

Once you make this kind of commitment, you'll get out of debt debt. How? You'll find a way ... or 5 ways ... or 10 ways.

Need a little inspiration? Here's a short video that will help you understand what it means to REALLY "give your best":

Facing the giants

So, are you ready to make the commitment?

Kris



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1 Comment 

Comments

IFS wrote:

This is great! Where do you find this stuff? or How did you learn this stuff?

30 August 2009 at 12:15 PM

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