Debt does require sacrifice. However, there are 2 things that you should never sacrifice: Relationships and Generosity.
#06. Dad, in your book you discuss the difference between being cheap and being frugal. What is the difference?
Cheap people focus on price first. Frugal people focus on quality. One common denominator they both share is that they control how much money they spend.
I suggest tackling smaller balances first. For example, $5,000 at 10% might be a priority over $10,000 at 12% for extra money. Get the small one paid off and then move onto the next. Then you can double up on the 10k and so on. This builds momentum and there are psychological rewards to doing it this way.
A simple life is more than just owning less. It’s about having time and energy for the people that matter.
Yes, life is difficult, and you might be unsure how to navigate your reality. Take baby steps and try and see past the darkness.
Thinking is relatively valueless unless it leads to doing. You can daydream about your financial goals all you want, but until you start working on them, they won’t come true..