There’s ONE thing that will help you pay off your student loans quickly. You might be thinking, what does this guy know? I paid off my student loans within one year of graduation. I paid off about $32,000 and I serve as a financial coach helping others do the same. One of my clients actually became debt free a few weeks ago, so I like to say I know a little bit about what I’m talking about.
The one thing you need to do that will help you pay off your student loans quickly and hasten the process of your journey is very simple. The ONE thing you need to do is improve yourself personally!
This may sound simple, but it’s what I’ve seen as a common factor with myself and others I’ve interviewed or seen that are debt free. There’s a common denominator of discipline and intention when we analyze all our different journeys, but the root of it was personal development.
I guarantee you that if you stop focusing on chasing the money and focus on improving yourself as an individual, you’ll find that your journey goes a lot smoother than what you think it is. A lot of financial gurus will spend a lot of time talking about the technical aspects of the journey, such as budgeting and living below your means, but I genuinely believe that if you can place your focus on improving yourself as a person, everything else will fall into place.
When I say focus, I don’t mean to tell you not to worry about how you spend your money, but I’m saying spend more time on figuring out how you will improve yourself by 1% every single day. This alleviates the stress of thinking you have to improve by 300% daily, when that’s irrational and just something that will make your journey worse, due to stress.
When I analyze the discipline that I exercised by being in the gym consistently, it reminds me of the fact that I improved myself and that operated in different areas of my life, such as my debt free journey in this case. It’s a testament to the power of the subconscious mind. When you make small commitments to yourself and make them consistently, it automatically translates into different areas of your life. During my journey, I didn’t consciously understand this, but I found that when I adopted the mindset to focus on improving myself, rather than chasing money, more money came to me not only easily, but frequently and abundantly! I don’t make the rules, I’m just telling you what the truth was about my journey as I sit back and reflect, and I know implementing this will help you with your journey!
Paying off your student loan debt is a disciplined act. There’s no way getting around the fact that you need discipline for this journey, when we talk about the sacrifices you’ll make and the mentality you’ll adopt to do it. When you focus on improving yourself personally through the vehicles of spirituality, mentality, physicality just to name a few, your subconscious mind will take care of the rest, and the law that I can’t explain will operate in your favor. It never ceases to amaze me how important improvement in one’s self is as it pertains to the debt free journey. Additionally, as you achieve debt freedom, you sit back and reflect on the fact that you’ve done something most people do not do, so that in itself is a testament to improvement in yourself!
Stop Chasing Money!
When I tell you to stop chasing money, I’m not saying don’t ever think about making money. You obviously need money for your debt free journey, but when we talk about income and impact, I want you to prioritize impact over the income. That’s what I mean when I challenge you to make the commitment to stop chasing money.
They say with more money comes more problems, but I like to flip it and say with more problems, comes more money. As you solve more problems, you’ll achieve more money. Are you starting to see how effective it can be when you stop chasing the money and focus on improving yourself? Part of improving yourself can be through the work of solving other people’s problems (e.g. the way I serve as a financial coach helping people take control of their relationship with money has brought me unexpected additional income as I’ve added value without asking for a check).
This philosophy also goes back to the law of attraction. If you’re chasing something, that means it’s running away from you. You want to change your mindset to the fact that money chases you. Think about it. If you’re chasing something, you are literally running towards it and it is running away. If it’s in reverse, I’m not telling you to run, but that’s a better situation to be in.
If you focus on improving yourself as a person, the money will come after. If you focus on solving problems and prioritizing impact, the money will come after. I need you to stop chasing money like you’re not abundant. Add value to others and focus on yourself and improving yourself and you will thank me later. You want to focus on you, until the focus is on you. I don’t make the rules, I just know what has happened for me in my experience, and I know that if you apply this ONE principle to your life, your entire financial situation will change for the better.