Debt is the heartbeat of practically everyone in the developed world.
Today, debt is expected, normal, and necessary.
Do you know, People don't stumble into a debt hole overnight?
Many people go into debt assuming that they will be able to work their way out of it quickly, but that's rarely the case.
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Whether these debts from your loans, overspending or making some not-so-good financial decisions.
Trust me, If you are not careful, you could end up deeper in a debt trap.
Debt mistakes happen due to a lack of proper planning and knowledge.
For many, like myself, financial literacy was not learned at home, school, and definitely not in the workplace.
Understanding the reasons why people struggle to pay off debt is key for any successful debt-free journey.
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In this video, I will discuss 7 reasons people struggle paying off debt that you should avoid.
I will also discuss how you can get out of these debts with the right mindset using money psychology.
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Timecodes:
00:00 Intro
00:49 - Mistake #1 Not Taking Responsibility
01:58 - Mistake #2 Lavish Lifestyle
03:05 - Mistake #3 No Money Management
05:30 - Mistake #4 Your Comfort Zone
08:04 - Mistake #5 NO GOAL
11:54 - Mistake #6 Anxiety & Stress
14:59 - Mistake #7 Not Investing in Financial Knowledge
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Program in Hindi
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Strategies for Debt Payoff in Hindi | Loan Repayment
👉 • How to Repay Debt in a...
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8 авг 2024
