InControl Financial Podcast | Get Out Of Debt (G.O.O.D.) | Personal Finance That's: Fun. Uplifting. ...

We've all heard the saying.  How do you eat an elephant?  One bite at a time.     There is truth to this saying.  When we are looking at a particularly large debt, we tend to focus on the total amount itself.  Immediately, we feel a departure of energy leave our bodies as we take on a can't-do attitude instead of the can-do attitude!   Tom explains how we need to break down these large debts into manageable chunks.  Using an example of a $25,000.00 car loan, Tom illustrates how we can look at this debt payoff goal as 25 separate smaller goals (or even 50 separate smaller goals) to keep us focused and on track.  He'll show us how using this method will lead us into good debt payoff habits and may even lead us to come up with inventive ways to earn more income!   Please don't forget to leave a review in iTunes or on Stitcher Radio.  Your feedback helps to guide the format and content of future podcast episodes.   Follow us on Twitter: @ICFPodcast