Help yourself succeed in the long-term by pinning down the “why” behind your new commitment.
Countless studies show that setting specific goals and visualizing success helps you achieve higher levels of focus, productivity, motivation, and persistence.
Take a minute now to identify the “why” behind your mission.
Two primary motivators tend to drive most people wanting to take control of their debt: the avoidance of pain or the promise of a better future. Viewed another way, most people are motivated by positive or negative emotions. Which better describes you? Is it both? Here are a few examples to get your mind going.
|Pain You Want to Avoid||Joy You Hope to Find|
|Feeling your stomach drop when you see a collections notice||Taking someone you care about on a wonderful vacation|
|Paying higher interest on a purchase because of a low credit score||Knowing you can comfortably handle unexpected expenses|
|Scrambling to find funds in a pinch because your cards are maxed out||Changing lives through charitable giving (without breaking your own bank account)|
Whatever your motivation, you’ll have better odds of succeeding if you take a few minutes upfront to really think about, then write down, your top drivers for wanting to make this change.