FMOOD 0356: Your Debt Diet

It's time to go on a financial diet. Akin to realizing that you've put on a few extra pounds and want to go on a diet to lose some weight, we can come to the realization that we've taken on too much debt and now need to decrease the amount that we owe.   It's one thing to go on a diet, but it's a completely different thing to define the why before we begin. A lot of diets fail simply because they're restrictive by nature. The natural tendency is to go back to those foods that we're restricted from eating at some point in time. Diets are far more successful when we focus on the desired end result, or in other words, focusing on why we're doing what we're doing. For many of us, that result might be what we see in the mirror. For others, it's a matter of better health in general.   Whatever the case may be, the same is true from a financial health standpoint. When you're in over your head in debt, it can be quite scary. Along those same lines, we can put ourselves on a debt diet and define the why and visualize our own desired end result. We can keep the why in mind, and this will help us to continue to make forward progress. God bless.