The burden of credit nowadays is one of the biggest reasons why people are stressed and owed you every month to dedicate part of your income to cover these monthly loan payments and of course you have to pay extra for the interest that a credit institution requires that this credit you were served. That’s why questions about how to better and faster repay your debts are among the most popular things we get from our readers. So today I will try to give you some tips on how to motivate yourself when you are mature to repay your debts because, as many of us have noticed, it is more difficult than it might seem.
Compile a list of reasons why you want to get rid of your debt
The first thing I usually recommend to people is to compile a list of reasons why you want to get rid of your debt . It will definitely include points that stress will be reduced, there will be more free money and other similar points. But basically, this list will make you wonder why you want to repay your online loan, because maybe after trying to make a list you will realize that these reasons are too few and it will be better to continue paying minimum credit in the current situation instead of trying to save extra and in this way repay the loan faster. But if you have enough of these reasons, then you should put or stick this paper leaf in a visible place where you can look at it daily and remind yourself why you are restricting yourself and constantly thinking about cutting costs or increasing income. to repay the loan. It is best to put this list on the mirror and wash your mouth or teeth in your head every morning and remind yourself of these points and why they are so important to you.
Divide the loan into smaller portions and strive to repay that small part
Basically, people have a large and long-term credit commitment, and they can be both mortgage loans and study loans, and you can’t just motivate yourself with the fact that the big amount is gradually shrinking. It would be much better to set a target, for example, the repayment of the 1000 Euro, which will be much closer and, for this purpose, you can also set a certain repayment period, for example 5 months, which will mean that you will have to find an additional 200 Euro to be repaid to the creditor every month.
Celebrate your achievements!
Definitely, you should also praise yourself and celebrate your achievements, but it is best if you celebrate these goals with things that do not pay too much money, otherwise it will leave you even more behind the big goal. It is best to go on a hike, a little trip or just go to a restaurant that won’t cost too much. And you should definitely not buy expensive things like clothes, electronics or similar, because they will not really make you happy and you will only appreciate them for a short time. But really good recreation at nature or any of your hobbies will bring you much more satisfaction and will give you much more power to continue your goals.
Every month, you should record your progress
Whether it is writing down your remaining credit, taking a picture of your credit account balance at the internet bank, or simply writing down how much money you’ve been able to deposit and deposit into the lender’s account. All these times will be a good opportunity for you to look back on your progress and praise yourself, as well as if your progress is not so drastic, then you can see that you have already reached a lot on the background and therefore should not lower your hands .
The main thing is to realize in time that it will be a long process and nothing happens in one day, so at the very beginning I would recommend that you prepare for a marathon rather than a sprint, but when the marathon goes through, you will be able to breathe and set new goals for yourself.