Recently, I found a great article at Yahoo Finance — How They Paid Off Big Debt in a Few Short Years. It tells several stories about how everyday people paid off their big debt, through conscious choices and deliberate action.
I really have to hand it to these folks – they got clear about what they wanted to do, and they just did it. Of course, keeping up good habits is always the challenge in the long term — how many people have paid off credit card balances with home equity, only to run up more credit card bills, while still paying down their extra loans? But the fact that these folks achieved their goals makes me think they’re going to really like the results… and they’re going to stay motivated to keep up those good habits.
The nice thing about truly hard-to-win success is that once you achieve it, you realize you can do it, and if you did it once, you can do it again.
Check out the article – it’s a good one!
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