Today, I am going to share with you a story from our financial journey.  It’s about our debt payoff journey and how we overcome financial struggles that shaped the financial life we have today.

If you think that our financial lives were a smooth ride, you’re wrong. In spite of being a personal financial adviser now, once we struggled to repay debt.

This is our story.

Budgeting for debt means you methodically eliminate your debts by planning for it.

Budgeting is often given a wrong meaning. Many people view it as something that puts a stop to every fun thing in life.  They mistakenly think that a budget restricts you from eating out or shopping. In short, you’re devoid of any enjoyment if you follow a budget.

However, it’s not like that. At all.

Actually, budgeting helps you to spend money on the things you want. It helps you to take control on your finances and get your financial life on track.

Everyone know that debt sucks. But paying down debt is one of the major criteria to reach financial independence. You can’t repay your entire debt overnight. You have to be patient. There will be times when your progress will be slow and you’ll have to stay motivated until you’ve repaid that last cent.

Yep, debt sucks. Here are six ways you can stay patient and motivated while paying down debt.

Have you got a steady income and can afford to pay your bills each month, yet you’ve got an uneasy feeling that you’re headed for some financial trouble? The first sign that you’re on thin financial ice is that you think paying your bills means that everything is good.