Only Our Second Favorite Thing
Our second favorite thing about paying off debt was creating and planning for milestone rewards. When we were paying off debt, we set different benchmarks, or milestones, of success to motivate us. When we reached these milestones, we did our second favorite thing about paying off debt and rewarded ourselves. Usually these rewards were smaller and cheaper than the rewards we gave ourselves when we were piling up debt, but they were fun nonetheless. They were also more rewarding because every time we got to do our second favorite thing, we were that much closer to our long-term goal. That made it sweeter.
Learn more about our second favorite thing about paying off debt and use this strategy as incentive to reach your financial goals. Let us know what your financial goals are in the comment section below. We’d love to hear from you.
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The Monday Money Minute is the Debt Free Guys’ way of inspiring you on the toughest day of the week to stay true to your personal finance and life goals. Please let us know your thoughts, questions and comments. We would love to hear from you. And, who knows? Maybe you will be the inspiration for the next Monday Money Minute.
P.S. Our favorite favorite thing about paying off our debt was paying off our debt.