Day by day, I decrease my debt.

I am currently on a mission to decrease my debt. Each day, I challenge myself to minimize my spending so I can apply my expendable income towards paying down my dues.

I make wise spending decisions and only spend what I can afford. Every month, I have less debt owed than the month before.

Credit card purchases are a thing of the past. My only active “charge card” is my debit card. Due to my efforts, I am successfully decreasing my credit card debt.

I am happy to make financial sacrifices every day that support the dreams I have for my life.

I buy the store brand when grocery shopping, and I utilize coupons. I settle for the basic cable package rather than the expensive plan with all the channels I don’t watch anyway. And I let go of the need to splurge on personal items.

I feel more satisfied than ever because I know my money is better spent going towards my outstanding balances. I pamper myself by paying down debt, rather than buying worthless trinkets for myself.

I am helping myself by decreasing my debt, and I am creating a better future for my family.

I write checks for substantially more than the minimum amount due when paying my mortgage, credit cards, and student loans. And, when I receive my yearly tax refund, I apply the money toward paying down my debt.

Today, I write my checks with joy. I am disciplined and determined to decrease my debt. I am already reaping the emotional and financial benefits of unloading this weight off of my shoulders.

Self-Reflection Questions:

1. In which areas can I afford to minimize my spending?
2. How do I visualize my life when I am fully debt-free?
3. Am I comfortable hiring a financial planner to assist me on my journey?