If you are struggling to pay off debt (or know someone who is), it may be because you are not doing THESE 5 things. Surprisingly, As important as it is to know the numbers when paying off debt, there are some other things that also rank right up near the top in importance – and THESE habits might actually be keeping you in debt.
In this video, we’ll talk about the importance of HOW you approach your debt and your MINDSET while doing it. Make sure you stick with us, because we’ll give you examples from our own life and throughout the video give you some practical tools to help you make faster progress on paying off your debt.
00:00 – Introduction
00:47 – Be sure to shop intentionally
06:23 – Don’t spend because you are anxious or panicked
10:00 – Focus on specific prioritized goals
12:50 – Be sure to focus on the right numbers
16:35 – Focus on the reasons you want to pay off debt
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//WATCH MORE VIDEOS ABOUT PAYING OFF DEBT:
○ Pay off Debt Faster and Easier: https://www.youtube.com/watch?v=9k_C03b8RIY&t=5s
○ 5 Truths About Being Debt Free: https://www.youtube.com/watch?v=esr2sdUSD7g
○ 5 Lies About Being Debt Free:https://www.youtube.com/watch?v=xsdAAdaX5Ds&t=3s
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• Menu Planning Made Easy: https://underthemedian.com/menu-planning-made-easy/
• Debt-Free Christmas Binder: https://underthemedian.com/debt-free-christmas-binder/
• Personal Finance Planner: https://underthemedian.com/yearly-finance-planner/
• Home Energy Savings Guide:https://underthemedian.com/home-energy-savings-guide/
• Teaching Children a Biblical View of Money: https://underthemedian.com/biblical-financial-parenting-book-and-video-set/
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We’re Hope and Larry and we raised our four sons, debt-free, including paying cash for our home (when our salary averaged less than $40,000). For tips on saving money, budgeting, paying off debt, and setting goals (while living with a spirit of joy and abundance), subscribe to us here on YouTube and visit us at our website and on social media.
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