Debt can feel overwhelming, but it doesn’t have to. The path forward starts with understanding what you owe and taking small steps that make a real difference. You don’t need to be perfect with money. You just need a plan that you can keep doing, one payment at a time.
- Face the Numbers Without Fear
It’s easy to ignore debt when it feels overwhelming. But seeing the full picture is the first step to changing it. Write down each balance, the interest rate, and the minimum payment.
This isn’t about judgment. It’s about knowing where you stand so you can start moving in the right direction. - Pick Your Paydown Path
There are two common ways to pay down debt:
Snowball Method: Pay off your smallest debt first. When it’s gone, add that payment to the next one. It helps you see quick wins and stay motivated.
Avalanche Method: Focus on the debt with the highest interest rate. You’ll save more money overall.
Ask your coach about these and other methods to pay down debt. They all work. Choose the one that feels right for you and stick with it. - Track Momentum, Not Just Balances
Progress isn’t only about how much you owe. It’s about building better habits. Celebrate small wins like paying off a card, making three payments in a row, or lowering a balance.
Every step forward is proof you’re making progress. Keep noticing those moments. - Avoid the Debt Trap Repeat
When a balance hits zero, it’s easy to fall back into old habits. Before that happens talk to your coach about how to avoid this trap.
Also, keep your cards open but unused to protect your credit score. The goal isn’t to avoid credit forever. Your coach can help you understand how your credit score is calculated, and what you can do to improve it.
Paying off debt takes time, but it’s worth it. Each payment brings more freedom and less stress. Stay patient, stay steady, and keep moving forward on your financial journey.