Today I want to talk to you about minimum payments. Have you ever calculated how much the minimum payments on your debts (not including your house) totals? My clients’ minimum payments range from $400 – $3,500 per month.
Have you ever considered what a life without debt would look like for you?
What would you do with your money if you didn’t have debt payments?
⭐ Would you spend more time with your family?
⭐ Would you become a stay at home mom?
⭐ Would you change jobs/careers?
⭐ Would you work less so you could have a more balanced life?
⭐ Would you travel more?
⭐ Would you start a business?
⭐ Would you invest in your retirement funds?
⭐ Would you save for your kids’ college funds?
I 💓 asking my 1:1 clients what they would do with their money if they didn’t have debt. I usually get silence at first because they simply cannot imagine a life without debt. Then we start dreaming! They start picturing the life they CAN have if they stay focused.
This is a motivating exercise! Give it a shot and let me know what you think!
What would you do with your money and time if you didn’t have debt payments?
