DIY Debt: The Emotional side of Debt

If you are drowning in debt and feel like your situation will never change or you will never get ahead, you need to tell yourself YOU can make a change with the right mindset. And keeping yourself accountable. You CAN pay of your debt and change your financial situation, save more money and live your best life! 💰

On your debt-paying journey you will experience many emotions:

Determination: I can do this! I am tired of living from pay check to pay check and can already imagine my newfound financial freedom! Yay!

Confusion: Wait, where will everything fit into my budget? Which debt do I tackle first? Savings first or debt first?

Excitement: I can’t wait to have this paid off so I can be fully in charge of my finances again!

Resentment: The thrill was short lived, as soon as the resentment kicked in. Oh, I can’t have dinner with the girls? I need to skip my beloved cappuccinos. I cannot buy the cute leopard skirt!

Acceptance: All my money was already accounted for; which debt will receive additional instalments. And keeping my spending down. No happy hours! I am keeping myself accountable. But the satisfaction of seeing the debt decreasing each month, makes it all worth it! Yes, I keep telling myself that.

Euphoria: I DID IT, I almost have ZERO debt. On to the next one card. Tackling one debtor at a time! “Debt freedom isn’t just freedom from debt. It’s freedom from worry.” And happiness is a by-product of freedom.

Cheers to living your best, debt-free life!