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Motivation for me is easy.

As JustSilly mentioned, I look a the bills as soon as they come in and allow myself to feel the rage at the interest rate. Sometimes I even think about the annual cost in terms of % of take home pay.

Getting angry each time a credit card bill comes in, I go to the computer and pay the minimum immediately. Since I get paid every 2 weeks, once that check is deposited, I then make my *real* payment. Some weeks there is not any extra, but when there is, I do the best I can to send a second payment before the next bill comes out.

Another thing that helps me is a daily discipline. Eating lunches out, dinners, frivolous impulse spending is out of the picture for now. When I get the urge to shop for household or clothing items, I make my way to the Salvation Army and pick up a nice sweater or pair of jeans for $5 - small fraction of the retail price.

Food shopping at Aldi and coupon clipping is another tool.

Motivation is different for all of us.

A long time ago, someone on these boards mentioned a money chain. Remember the childhood project of a paper chain to drape around the tree during the holidays? This chain we make from our remaining debt.

Each chain in the link represents $100 or $200 of debt or $500 if you are in that kind of trouble. Hang the chain where you can see it every day. When you eliminate debt in the increments of the chain - snip off the link and toss it away. Just seeing the chain shrink in size is motivation!

Good luck and keep reading - there is much here and many of us are in the same situation.


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