Apr
16
2009

Get Out Of Debt Mistake #4

Welcome back, I hope you did your homework! Let me tell you something: If you keep practicing what we wrote during the last three days, you will see giant changes in your life very soon. Please keep working on it since you deserve to live a joyous, successful life.
Mistake # 4- Purchasing unnecessary items (new car, new cell phone, etc) when you have important bills to pay.
This is obvious, but it’s worth mentioning it.
So many times I’ve seen people who despite of being deep in debt they buy the latest flat panel 50 inch TV or a brand new car. DO NOT spend more money on trivial things! You should use your resources to get out of debt first, then when you are debt free and in control of your financial life you go and buy your toys. Why buy a new car when you can buy a used one and save thousands of dollars?

Make a firm commitment to yourself that you WILL get out of debt no matter what. You have the right to be debt-free and enjoy a prosperous life. Write this in a piece of paper and tape it in your bathroom mirror: “When there is a will, there is a way”. Read it often, and remember, “You become what you think about”. Think about prosperity and being debt free, and dwell on that feeling most of your time. Even if you can’t see a way of getting out of debt now or even if you don’t have any idea of HOW you are going to get out of debt; always focus on the end result, focus on what you DO want (to be debt-free). You must trust that the Universe will show you a way. And you know what? As amazing as it sounds, it DOES WORK!
So, from now on, please avoid all unnecessary expenses. Instant gratification can be a killer of any get out of debt plans. Do not make this mistake. See you tomorrow!

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