One of my missions is to help as many people get of of debt as possible. That is why I created a debt challenge to help other people pay off their debt as well. That is how I met Jessica – one of the awesome people who were brave enough to take on the five-week debt challenge.
Just like most millennials nowadays, Jessica also has a lot of student loan debt to settle and at times she felt like paying them all off seems hopeless, especially when she sees all those commas.
So today, Jessica will share about how she was able to pay off her debt during the challenge.
Join a group
Being in the group environment of the debt challenge has been very helpful. It has introduced the element of positive competition. Seeing everyone working towards the same goal, and seeing other people making progress made her realize that she can do it too, it inspired and encouraged her to do just as good as everyone. Besides, it’s always fun to do things with people who are trying to achieve the same goals. The more, the merrier!
Share / get ideas
Another thing that Jessica considered helpful was sharing and getting ideas from the group. While they all had the same goal, everybody had a different approach and strategy. And that has helped her see the different perspectives and the different methodologies that can be used towards accomplishing their one goal.
Have a positive mindset about your debt
It’s very important to maintain the positivity if you want to get through it. After all, it’s going to take a lot of time before we pay all of these debts off so you might was well choose to be positive instead of being miserable all time.
Stop the negative ‘woe is me’ mindset. Instead, have positive affirmations and keep believing in the power of positive thinking and just keep framing your thoughts in a positive way.
Just pay off debt
Just do it. It can’t hurt you. If anything, it can only help you. Some millennials tend to always look for a quick and easy way to do things. But joining a 5-week debt challenge group doesn’t necessarily mean all your debt will be finally be paid off. It’s going to involve a lot of hard work too and joining a group that strives to achieve the same goal will give the ideas and encouragement you need. At the end of the day, it’s really up to the individual to know that there’s actual work that you have to put into it as well as a few sacrifices to make.
Joining a group of like minded people to who have similar goals to reach is a great way to pay off your debt because these people will keep you accountable. I’m not currently offering enrollment into my debt challenge, but if you would like to book a one- on-one money chat where I would sit down with you and help you create a plan for your money you can book your free 10 min discover call here. Cheers to reaching our money goals this year!
Your personal finance friend that wants you to win this year,
Image credit: creative commons unsplash.com
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