I-Marketer Blog and Newsletter

Step One: Recognize You Are Normal

First, you need to recognize that being in debt is normal today.  In fact, having too much debt is normal.  Don’t skip over this—it is crucial to you overcoming your fear.

Most people in the western world today have too much debt—they actually spend a little more each year than they make resulting in increasing debt.  In addition, when a crisis arises (like a transmission repair or a medical bill), they have no cash reserves.  So when they run into a crisis they turn to the only place they can—lenders.  The lenders are more than happy to lend them money to cover their bills.

And the cycle continues.

Hear what I am saying because it is crucial to becoming free from your debt worries in the next few minutes:  Overwhelming debt does not make you a bad person, it makes you a normal person.

Virtually everyone you know has a mortgage, two car loans and thousands in credit card debt.  Virtually everyone you know makes barely more than the minimum payment.  Virtually everyone you know worries about their debt.

So if you are worried about your debt, you’re just normal.

And normal people, just like you, have overcome their debt.  Many times.  Thousands of times.  The sky didn’t fall in.  They weren’t sent to debtor’s prison.  Normal people, just like you, found the power to overcome the overwhelming debt they were in.

Before we go on to the next step I need you to complete a little exercise.  It’s painless and powerful.  It’s based on a profound psychological principle.  It will begin to change how you feel about your debt.  Ready?

Get alone in a room where no one else can hear you.  Then say, out loud:

“I have the power to control my debt.”

[You didn’t say it out loud, did you?  It doesn’t work if you don’t say it out loud!  Go ahead, trust me on this and just do it.]

Now, repeat it again only louder.  And again even louder.

You feel that?  That feeling inside like a small ember glowing?  That’s your confidence.  That’s your power source.  Every time you feel your confidence wavering, say the statement above out loud again—it’s like gently blowing on an ember to keep it going.

Just like starting a fire, that little ember needs to be encouraged to grow.  That takes us to the next step–it will dramatically change your life:

http://all-in-one-business.com/imarketer/2006/03/22/step-two/

This entry was posted on Wednesday, March 22nd, 2006 at 3:28 pm and is filed under Debt. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.