Keeping your focus on getting out of debt can be a challenge for some people. It’s so incredibly easy to just not think about it at all and make a bad financial choice, like putting something unnecessary on the credit card or going out for an expensive dinner and drinks.
One of the most effective tools you can use to remind you of your progress is a visual debt reminder. It’s simply some sort of visual item that reminds you of your commitment to reduce or eliminate your personal debt and also to simply spend less than you earn. Basically, just make a giant progress bar that starts with the amount of debt you have and ends with zero. Each time you pay down a little bit, fill in a little more of that progress bar. If you have a specific goal in mind that you’re saving for…you could even include a picture! Keep this reminder in a place where you’ll see it often, and keep filling it in regularly. It keeps your eyes on the prize and leads you straight to debt freedom.