Thursday, May 8, 2008

Visualize your Debt

Have you ever imagined what your debt would look like if it was in cash? $100 bills? $50s? Even $20s? Can you imagine that pile of cash sitting on your desk?

Over at Your Finish Rich Plan, the ides is given to use the power of visualization to help you face your debt. If you were to take paper money in the amount of your debt, it is much easier to see that it is in fact real, and that you need to do something about it - the first step to the reduction. Once you are ready for the challenge and can see the debt in front of you, you now have the ability to physically remove the debt as you pay it off. There really is a value in seeing the "cash" go away in front of your eyes, as opposed to numbers on a spreadsheet.

Sense to Save has a photo of what their debt looks like.

No comments: