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DIY debt reduction – Step 4
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Once the debt-busting ball is rolling, make sure you follow through...
Article: Michael Bouchier from www.credithealth.co.za
Image: True Love
Once you have a good cycle keep at it until your debts are all gone, even "good" debts like your bond. Do your best to meet your accelerated repayment plan every month. Try to resist the urge to put the plan on hold for a month or two because you’ve seen a nice outfit or cell phone you would like to buy.

It's just not worth interrupting the process you've so diligently started. Why throw away your efforts? This is a huge temptation so now you know, you can be vigilant!

When you reach major milestones, be sure to celebrate your success. Before you know it, you'll be debt free!

Then you will be able to start investing to build wealth.

If you have a question or comment for Michael Bouchier,email him here or visit www.credithealth.co.za.


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