By Taylor Kay Stephens
In 2005, my business had crumbled, I had no savings and I was $100,000 in debt with no idea how to get out of this mess. As a single, self-employed woman, all by myself, I thought about suicide, bankruptcy or just running away. I was too ashamed and proud to ask for help. I wanted this debt monkey off my back! I started visualizing and feeling what it was like to be debt-free – the feeling was priceless. I didn’t know how, but I said it would happen in five years.
I had a plan. I took any money left over, even if it was twenty dollars and paid towards my debt –this was like an exciting game for me – I focused on it every day because it was fun. In only four years I paid off $80,000 and my yearly income wasn’t even near six figures. I picked a horse, was riding it to the finish line, and we were almost there! I would reach my five-year goal and I wasn’t stressed doing it.
All this came to a screeching halt when I stopped listening to my intuition and started listening to experts talk about the “right” way to get out of debt. I had also heard that focusing on your debt just creates more debt. There were also successful friends who told me that what I was doing was wrong, so I bought into it all and switched horses.
I started buying courses on the “right” way to get out of debt and how to make lots of money so I could pay off my debt. After doing this for six long and stressful years, I found myself $30,000 further in debt. Six months ago, I decided to go back and start riding the original horse that had taken me in the direction I wanted to go.
I’m very proud to say that I am now within $12,000 of being debt-free which is a far cry from $130,000 and we will cross the finish line very shortly! I don’t blame anyone for my debt and I take full responsibility for my choices, however, if you’re doing something that is working really well, then pick a horse and ride it!
Taylor Kay Stephens, speaker, author and transformational life coach, is no stranger to tragedy, adversity and obstacles. She teaches people how to get out of overwhelm, change their bad habits and stop self-defeating behaviors. What makes Taylor different? She challenges the status quo and thinks outside the box. She’s developed her own easy, practical techniques and systems so simple a child can do them. Contact her at firstname.lastname@example.org and discover more taylorkaystephens.com.