Let’s keep the momentum building. In our last post, we talked about losing weight one pound at a time. Small steps can make a big difference. So can how you feel along the way to where you’re going.
“Great things are done by a series of small things done together.” – Vincent Van Gogh
If you’re not familiar with Dave Ramsey, he’s a well-known financial expert who created a system of paying down your debts starting from the smallest to the largest. You pay the minimum on all of your debts, except the smallest one to start. This frees up money to pay off the smallest debt as quickly as possible. Once you pay off the first debt, you take the monthly amount you were paying, and add it to the next payment in line (now the smallest). The idea is to create quick energy and excitement you can sustain, because the feeling of accomplishment is so great. He calls it the ‘snowball effect.’ As you pay off each debt, you continue to take the previous payment amount and add it to the next debt until it’s paid off, and so on.