Debt Elimination and Lifestyle Change: A community blog

Linda Chavey writes about how to change your lifestyle habits in order to eliminate debt.

Motivating Story from College Grad Who Owed over $100,000

Written by Linda Chavey, Community blogger | Jun 28, 2013 6:51 PM
If this person can pay off over $90,000 in less than a year, anyone can do it. (see link at bottom of post) Some excuses why people can't do this: I have children. My other half spends too much. I am too far in debt to get out. I don't know anything about money. Everyone else is buying things so I must have it. I just can't do it! Or my all-time, least favorite excuse: But I've Been Working So Hard, I Deserve It (yes, you do deserve to use your money for yourself so it should not be wasted on frivolous items; it should be used for needed purchases so you can enjoy your life with less-stress). All the above excuses are self-defeating and a waste of energy. It only takes 30 days to change a habit and NEGATIVE THINKING is a habit. It is a learned form of thinking. If people can quit smoking, which is much more difficult, then anyone can change thinking patterns. If you tell yourself you can't do something constantly, then give up now because you will not be able to do it. If you tell yourself you can, like this guy did, you can do anything! So how serious are you about getting out of debt? Make is a priority! You can do it! http://nomoreharvarddebt.com/ (Just because this guy went to Harvard, doesn't make him a financial genius. In fact, he doesn't even have a finance degree. It is just basic living - cut out all the unnecessary stuff: Starbucks coffee, designer shoes, movies, restaurants, unnecessary spending - this too is all a HABIT.) Addictive shopping; now that is a post of its own.
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