Step 2 to eliminate debt

Step 2: Write down the obstacles you are likely to face.

Obstacles come in many shapes and forms – this is particularly true for debt reduction. Car Bills and Doctors Bills are two of the most common – I remember when I was on the path to debt reduction we had several Doctors bills came right out of the blue. One movement my six week old son was happy and healthy, the next he was been rushed to hospital to have surgery – even with health insurance the total bills for the entire time he was sick were in the thousands.

Obstacles can also be inadequacies – ie what your weaknesses are. The best way to work out why you haven’t reached your goal is to ascertain what has stopped you. Once you know what is stopping you, you can work on ways to overcome these issues!

For Step 2 – you need to write down all the obstacles that you can think of that could stop you from reaching your goal.