What To Do When You Feel Like Quitting: The Problem

The beautiful thing about getting out of debt is that you really can’t fail. It may take longer than expected, but if you stick with it, eventually you will cross the finish line. The only way to fail is to quit.

Five Ways People Quit On Their Journey Of Financial Freedom

  • Cheating: Making small purchases that prevent you from making any real progress or getting momentum. This usually comes in the form of comfort items, such as clothing, food, music, etc.
  • Sabotage: Making large purchases which completely set you back months, even years. Examples of this would be vehicles, toys (boat, atv, etc), and travel.
  • Isolation: Withdrawing from your spouse when it comes to finances because of the emotional stress. This could be as simple as refusing to help create a budget, or as complicated as lying about purchases, hiding debt, etc.
  • Passivity: People quit on their journey when they choose not to take the steps needed to pursue financial freedom. This could come in the form of refusing opportunities for additional income, or refusing to let go of certain items that could be sold to pay off debt.
  • Bankruptcy: I’m not going to cast judgment on people who have filed for bankruptcy, everyone has their own story. But I will say that whenever possible, paying off your debt is the way to go.

In our next post, we’re going to share the solution: five things that we do personally to get us through those times when all we want to do is quit.

Committed to your success,

-Wesley

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