2006 - The Year to be Debt Free

Looks like 2006 will be the year that I finally become credit card free. It's hard to imagine a life without credit card debt hanging over my head. It has been nearly 5 years since I got myself into this mess; practically my entire adult life has been spent with a credit card bill. Let's just say that it will not be missed.

I've finally got the debt to under $10,000. Losing a digit feels awfully nice. Since May when I started this blog I have almost cut my debt in half! Not too shabby for 7 months of hard work.

As the new year approaches, many of us will be thinking of our New Year's resolutions. Here are ways to make sure that we stay on track to achieving our goals (Source).

Constantly Evaluate Your Progress
Having an action plan is not enough. The captain will have to constantly evaluate his progress in order to be sure he is on target. Unforeseen obstacles are sure to arise, such as a hailstorm, or increased southerly winds. As a result, he may have to increase his speed or guide the boat in a more westerly direction. In other words, notice what is working and what is not. If an approach is not working, don’t waste your time with it. Change your approach.


Never Lose Sight of Your Goal
Take the time to review your goals every morning when you get up and every night before you go to bed. This will keep them fresh in your mind. If you think reviewing your goals twice a day is too much to ask, maybe you should reevaluate what it is you want. Ask yourself, “How important is it to me that I attain my goals?”


Don’t Procrastinate
Procrastination is a “silent killer”. Understand that the only way to achieve your goals is to take action! Knowledge means nothing if you don’t apply it. How many people have you come across with an unbelievable amount of education working a mediocre job? The world is full of people who don’t apply their knowledge. On the other hand, chances are you know of people with less educational background who apply everything they learn. These people are usually the ones who are most successful in all areas of their lives. Do something right now that will help you to achieve your goals. There is no time like the present! Get the ball rolling. Each step you take brings you one step closer to the life you want. Remember the motto, “The road to Someday, leads to the town of Nowhere”. Someday is today!

Finally, you ought to have your key goals in front of you on a regular basis. You should look at them at least weekly to ensure you are making progress and to see if you need to modify your plans in anyway.


I hope everyone is having a safe and fun holiday!