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Old 03-21-2007, 05:50 PM   #11 (permalink)
RT Wolf
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Join Date: Nov 2006
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Once you finalized on a plan, I would recommend getting some big paper (or just lots of regular letter sized paper) grab some markers and make an easy to read progress chart (maybe even a line from your beginning debt position to 0, or your net worth position to a positive one). If you're using a bunch of papers, just put them up onto a wall and tile them together and then make your chart. This helps in a few ways. One way is reinforcement. Keeping this chart on a wall that you look at often keeps reminding you what your goal is what you're working towards (you might consider giving yourself a little treat once you're out of debt, to add a little bit of motivation). Another way is that it keeps you motivated becuase you'll see how much you've reduced already and how much you've got left. If you want, it can be a simple line with an arrow, going from your debt amount to 0 and make a line and write how much debt you have left every month.

I hope this helps. BUDGET!
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