Get out of debt quickly and permanently (for all time). Others call it “lose your debt obligation,” “dump the loan obligation load,” management of debt obligation,” and “to dispose of the obligation“.

These terms mean something very similar, and you need to get the correct attitude and understanding of what it means “to get out debt permanently”. Build up a new behavior to set the pace to take up the best possible position and posture that forces an achievement of an ultimate goal: avoid paying high interest rates and get your money-related principles in place, budgetary freedom, and monetary health and prosperity.

We as a whole are mindful that it was difficult from the beginning. However, making little strides will eventually lead to a positive outcome. Today, I will give you supportive step-by-step tips, hacks, insider secrets, and habits (changed conduct) that you can use right now to address the Elephant in the room.

be mindful

“Your giant, your obstacle, your problem is a gateway to your significance and promotion” – Rick Godwin

9 easy tricks, hacks, and insider facts that you can begin doing right now to get out of debt rapidly and permanently.

  • Let us hold an open, fair, straightforward yet conscious, genuine discussion. First things first, list all your debts (who, how much, for what, where, and at what loan interest rate). Separate it into the fewest installments expected for each and every account known to you—no omission.

    Try not to freeze at this stage; you are simply taking an inventory (stock) of the present situation of every one of your obligations and simply wonder about it, for you to have a reasonable picture – not focussing on past thoughts or mistakes. You are focussing on where you are going – what’s to come.

  • Everything begins with your psyche (mind), remember any best-lasting habit to take shape in your brain, you need to make habits that changes your behavior, so start with “All is working out for me, even though I don’t see any changes right now, everything is working out for me – repeat it again and again and state it all the time so you will feel empowered.

    Think about these words taking shape in your mind, breathing out stress and strongholds that have grasped and held you a prisoner for a long time. Along these lines, we state, what would I like to get out of this, at the end of the day, what is the ultimate goal – to be free from these obligations and create a lasting experience and money-related opportunity? 

    The picture will be quite difficult, however, you need to concentrate on the main job and start finding a way, to gather speed, when you get moving you are gradually cutting off the dread of paralysis, and best accept that interruption will raise its ugly ears, yet simply continue reminding yourself WHY you do this, as it will keep you focussed on a definitive reward (solution), as opposed to the issue, regardless of whether you don’t see the results immediately, don’t give up, simply continue onward…

  • Goal setting – record it, when you have your attitude on straight, it is fitting to keep a journal (write your story, what you need to accomplish, fears that you need to overcome, progress (milestones) you have made: this is for two reasons, first of all, it is for you to keep the progress of your recently discovered journey and give yourself a pat on your shoulder of what or the amount you have come to accomplish OR you might need to share lessons to others how you defeated your fears – individuals are looking or longing for stories from genuine ordinary individuals like you and me who are heroes,  simply like David versus Goliath.

  • Linked to the goals, you might need to take a look at your Budget (preference spending planner) where you list all your family needs, and all costs, so this is the place where the rubber meets the road (get genuine with Self) where there are certain luxurious details, that must be sacrificed for a while (some individuals are not ready to do) until you get over this trouble, eg. cut takeaways (dining out), rather bring a lunch pack to work.

  • Cut off subscriptions, for example, DSTV(cable television) or Netflix rather, read books or go to the online library or physical library for students which may offer FREE wireless internet) and search for chances to generate income streams online (create side hustles that can generate income). I find that the more dedicated you are, how many imaginative ideas spring up in your mind.

  • The most important message to get across is getting Buy-in from your family members (if you are a single parent get your children for assistance; whenever married, approach your mate and youngsters for help). When you have every one of them ready, it lifts the weight off and the reward is that they may even be eager to assist and it makes life so much simpler. You breathe better and rest much easier around the evening time.

  • Cut up those credit cards with scissors – instantly, decide that you will quit buying on credit, Period. The initial step is to cut up every one of those extravagant gold cards and this is a demonstration of responsibility to your journey and that you are done and tidied with the elephant in the room.

    It is additionally a confirmation that you are setting out on a groundbreaking journey to stop using credit obligation to legitimize your focused way of life, that makes a decent try to impress others when in fact you can’t pay anything in real cash – that is the thing that is truly going on here.

    Here it is people, when you can’t afford to pay money for it, it is anything but easy to put it on a credit card and pay it later. However what you don’t understand is that, as long as you keep piling it up, you will wind right back and soak in more into a permanent cycle of debt and you are likewise welcoming “unintended consequences” into your own home to live with you until the end of time.

  • Sell your stuff,  throughout the years, we have collected a great deal of stuff around the house that we don’t use or they have lost its value, simply check out the house and accumulated clothes, shoes, bags, bits of furniture,  iPad, PC, additional vehicles, Televisions sets, camera’s, jewelry and offer it to somebody who might be interested to buy, you can have a garage sale or we have such a significant number of internet sites nowadays, that sells “stuff”, eBay, Etsy, Facebook (marketplace), Amazon, Cash Converters, Takealot (locally), utilize this cash to satisfy and pay towards a portion of your obligation (debt).

Sell all the accumulated things that you do not need or use anymore
  • Sell off your assets,  with this methodology, I encourage you to take advice from a qualified financial advisor or approach a credit provider before satisfying your credit obligation, and don’t take cash from your retirement plan (fund) like we see where individuals leave their jobs (occupation) so they can gain access to the pension/provident fund expected to settle some credit obligation (desperate short-term response for long term issue), we don’t suggest that activity by any means, as it may end up with a serious negative result.

    The subsequent choice, is taking out a second mortgage (risky) on your home credit, except if, firstly you qualify and secondly, you will be trained enough to stop the cycle of overspending, else you will be drawn right back in and you would prefer not to put the most significant asset your own roof over yourself and family at risk, so you should ensure it is so worth it,  to secure your family.

    The last alternative is maybe, to take a look at selling your investments (although the economy might not be performing at its best and interest and /or dividends might be very low) and check with the financial advisor to ensure you are settling on the correct choice. In addition, there is no reason for saving small amounts while you are carrying a substantial debt load with high loan costs. Kill the debt first, as it has the highest interest rate, and then save later once all is cleared.

  • Start with the littlest credit and advance towards the biggest, I call it a “stacking strategy” and others call it “snowballing impact”, here we need to make snappy successes, and force and take advantage of “lower hanging fruits”.

    By attacking the littlest credit obligation first, you need to be so focussed on each little obligation in turn and you use every one of those steps mentioned above to pay it off, so once the first is done, you are at that point take that paid off installment and you apply it to the following second littlest obligation and stack it as far as possible up until you dispose of the enormous obligation with high interest.

    Along these same lines, you will be so caught up in the momentum (because you are seeing a significant leap forward) that you will have the option to clear others off faster. Warning, this works on an assumption that you are committed (ALL-IN) regardless of what happens, sure there will be disruptions that go your way, but you must manage them, however, remain centered around the end goal (reward).

  • As you pay one obligation off, you can give yourself the most deserved pat on the back for your achievement, presently you see why it is important to keep a diary, since you can even, write down the dates when the obligations were paid and that you likewise got a paid-up letter from your creditor (they will in return tempt you by offering higher points of credit limits) which you must flatly refuse.

    Remain the course,  once that occurs, don’t go back, opening up the injury of the difficult painful past and beginning the cycle once again. It will harm you, as it sells out the trust of those you cherish and asked for their help in the first place.

  • Make a “little rainy day” kitty (emergency fund), do you know Murphy’s Law, I don’t who is this individual and where she or he originates from, however, have you seen that everything that turns out badly will go out badly, so be ready for some curveballs to be thrown into your direction, for example, a vehicle breaking down, unplanned costly restorative medical procedure, geyser bursting out of the blue. We propose that you set aside some cash in a “kitty bag” for rainy days.

  • Keep in mind the sacrifices you made on your financial budget or when you sold some stuff, or some obligation that you may have paid off, it takes into consideration some extra money opportunity that has opened up or a side hustle that is generating some cash, maybe R1500 ($1000) at first, you can use this accessible asset set it aside and continue to make and thereafter once the dust settles increase it over the long run, so it can help when the money gets too tight in the future.

  • Never neglect to give and serve other people who need it the most, on your approach to reaching freedom, it is important that we stop to consider the individuals who are less fortunate than you. When we were once paying off our debts, we couldn’t give as much as we might want to, so to pay it forward (never reap before planting).

    You need to relate to your hobbies that interest you and give cash or give food parcels or serve or give your time,  just to connect with somebody who needs support.

    By taking part in such exercises, you welcome more noteworthy consistent opportunities, stunning individuals, and more blessings into your life and I accept there are conscious coincidences, nothing occurs by chance(accident).


I might want to leave you with this: make use of the approach that suits your financial pocket or your circumstances. This is in no way, shape, or form a one-size-fits-all intentional voluntary debt plan. We also understand that this is an extremely sensitive topic, and we don’t take it lightly.

Be that as it may, we accept that you at least attempt and make a move to change the critical circumstances of your life. It is preferable to do something than nothing at all, as this will lead you to a far better state of financial health. Toward the end, all things considered, it is your ultimate decision to do what works for you, after all.

Thank you for taking the time to read this article. You are welcome to leave a comment or share your story or a question and we will happily connect and engage with you. Thank you once again for gracing us with your presence.