In Phase I: The Foundation Phase, Step 4, Pay Off All Consumer Debt, we explore the various ways to pay off debt and just as important, why you need to. One of the most compelling reasons to get out of debt is simply that debt is not your friend.
That may sound like a vague generality, or even a point that’s beyond obvious. But given the fact that it has become a cultural norm in America to walk peacefully with debt, this is a topic that deserves far more consideration than it normally gets.
If you can fully embrace the reasons why debt is so toxic, you might be able to accelerate your efforts to pay it off . . . .