The Fastest Way to Get Out of Debt Forever

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The answer is NOT to cut up your credit cards.

1. Stop focusing on “being in debt” and “Getting out of debt.”
2. Stop speaking the language of broke people.
3. Stop hating on rich people.
4. Immerse yourself in abundance.
5. Focus on making and having lots of money.
6. Visit your money every day.


I think one of the most powerful ways to create more abundance in your life and get rid of debt in your life is to be grateful for what you have.

Hi, there. It’s Kevin Ward. And I got to tell you, I’m sick and tired about hearing about real estate agents being in debt and being broke. So I just decided I’m going to do something about it because I spent most of my life in debt. As soon as I got out of high school, I started getting in debt. I went to college, took out student loans. I started having credit cards and I started getting in debt. And somebody once asked me. “When did you have more net worth? The day you graduated from high school or 10 years after the day you graduated from high school?” And I looked at my situation. I’m like, “Wait a second. I was worth more when I graduated from high school broke than I am today. Because at least when I would graduate from high school, I didn’t have debt.”

And so debt is in our country, in our civilization, it is a problem for countless people. Not only real estate agents, for everybody. And it’s becoming an increasing problem. And so we get to talk about how do you get out of debt forever. And I’m going to tell you that literally the way that I’m posing this video is actually the wrong way to get out of debt forever. So stay with me on it because as I go through it, it’s going to become crystal clear when I talk about the fastest way to get out of debt forever. I’m literally going to give you six steps today on the fastest way to get out of debt forever.

So let me just say first off that the fastest way to get out of debt forever is not to cut up your credit cards. You’ve been told, “Cut up your credit cards. That’s how you get out of credit card debt is cut up your credit cards.” Look, credit cards are awesome. I get so many miles, and so many points, and so many perks from our credit cards. But we pay our credit cards off every month. And the difference between today and the difference from my past when I had a lot of debt and had debt at all was because I used credit cards to buy things that I did not have the money for. And so I was literally buying something on credit. I was getting it, putting it on a credit card, and then trying to pay it off later with minimum monthly payments. So I was literally spending the next two years paying for my past. And that’s obviously not a good path.

So let’s talk about how’s the fastest way to get out of credit card debt forever. Not just how to get out of credit card debt today, but how to get out of credit card debt and stay out of it. So number one, stop focusing on being in debt or getting out of debt. So when you say, “I’m tired of being in debt, I want to get out of debt,” you’re still focusing on debt. One of the universal laws of life is what you focus on expands. That you get more of in your life what you think about all the time.

So when you’re always focused on debt, debt, being in debt, getting out of debt, debt, I want to be debt free, debt free, your subconscious mind is still focused on debt. And what it reflects is it reflects a scarcity mindset that says there’s not enough. And so many of us, if you’re like me, grew up with a scarcity mindset where it seemed like there was never enough and we always had debt. My family always had debt, my parents were always in debt, and it was just like debt was a part of life. And so you got to stop thinking about debt. So as soon as you’re done with this video, you can’t ever think about debt anymore. All right?

Number two is stop speaking the language of broke people. Stop speaking the language of broke people. Now what is the language of broke people? Well, they use words like debt. They use words like expensive. They use words like afford it. No, they don’t say afford it, they say can’t afford it. If only I could afford it. I wish I could afford it. We can’t afford that. I can’t afford that. That is the language of scarcity. It’s the language of being broke. Whenever you say stuff’s expensive, whenever you’re saying I can’t afford it.

So there are two phrases or two words that I’m going to suggest you completely eliminate from your life besides debt. One, eliminate debt. Okay? Focus on becoming financially free. Focus on abundance. Focus on having a lot. We’ll get to that in a minute. So eliminate the phrase can’t afford it or anything that has to do with afford it. And number two, eliminate expensive.

What’s expensive? You see, because what’s expensive to one person is nothing to somebody else. So if you look at something and you go like, “Well, I don’t want to eat in that restaurant because it’s expensive,” all that’s saying is that I don’t have enough to be able to eat in that restaurant and be comfortable. Look, there were days that I remember when I was in college that eating at Taco Bell was expensive. When you don’t have the money to pay for it or you have to count your pennies to be able to pay for it, it’s expensive. And yet, as long as I’m speaking that language and saying that if I’m perceiving something expensive, it reflects a scarcity mindset.

Number three, if you want to be able to get out of debt and stay out of debt forever, stop hating on rich people. Stop hating on rich people. Stop hating on people that have a lot of money. Stop hating on people that aren’t broke. Because if you judge them, you can never become rich. If you judge rich people for being rich, you’re going to never be rich. You’re going to never have an abundance because you don’t want to be judged. My friends are going to judge me and we’re not comfortable with that. So your subconscious mind will not let you get out of debt and stay out of that. It’s going to keep you broke.

Number four. Immerse yourself in abundance. Immerse yourself in abundance. Now what does that mean? It means you got to start visualizing yourself having a lot of money. Visualize yourself having stuff. Visualize yourself giving money away. Visualize yourself being able to help other people and do good for other people. Immerse yourself in having that abundant lifestyle. Speak abundance. Surround yourself with abundance. Put yourself around rich things. Around expensive things. And get around them and go test drive that cargo, sit in that high end car that you can’t afford today. And don’t go in there and go like, “I can’t afford it, I wish I could afford it.” It’s not the right time yet. You change the language, change the language that you’re speaking instead of the language of broke people. And you immerse yourself and surround yourself in abundance.

A friend of mine, one of the things he did to help create this abundance mentality was that he would instead of going and hanging out at Starbucks to work, he would go to a five star hotel. He would go to the luxury, nicest hotels in his city. And he would just go sit in the lobby and work. And he’d work from there, makes phone calls from there. And as he’d work, he just got used to being in that kind of an environment and being around people who had abundance. And it just changes your mindset of thinking, “Wait a second. If they can do it, I can do it.” And you get comfortable in that kind of abundance.

Now the last thing about immersing yourself in abundance is realizing how much you already have. I think one of the most powerful ways to create more abundance in your life and get rid of debt in your life is to be grateful for what you have. Because when I’m grateful for what I have and I focus on it and one of the things I do in my journaling every day is I write down at least five things I am grateful for in my life. And when you do that, what’s happening is you’re focusing on what you have. And the more attention you give to what you have, your subconscious mind says, “I have a lot. I have abundance.” And when you begin to focus on abundance, that’s what you draw into your life.

So that leads to number five which is focus on making and having lots of money. Now this is probably the most critical step in how to get out of debt fast. And that is if you are in debt right now, your thinking probably is that you have a debt problem. My problem is if I can just get out of debt, everything will be fine. And you’re thinking that your problem is your debt. You don’t have a debt problem, my friend. You have an income problem. Because however much debt you have, if you had enough income, that debt would go away. The debt would be gone. So instead of focusing on getting out of debt or that I have too much debt, focus on having and making lots of money. The solution to being in debt is income, however much debt a person has, if they have enough income, the debt is not an issue.

Now there’s other issues of spending money you don’t have and of overextending and overspending. That is something else to deal with. But to get out of debt and stay out of debt, it is an income problem. It is the best solution for getting out of debt fast and staying out is focus on making a lot of money and having a lot of money. Now when I say focus on it, that means it happens because as Earl Nightingale said in his book, The Strangest Secret. He said, “You become what you think about most of the time.” You become what you think about most of the time. And when you think about making and having lots of money and being a massive income earner, you’re going to get more of that. And the fastest way to do it is you got to change your thinking. Okay? Think rich. Stop thinking broke. Stop thinking debt. And start thinking rich. And start speaking that. Declaring that focus on making more money. Not focusing on your bills, not focusing on your credit cards, but focusing on your bank account and having lots of money in your bank account.

And that leads to the final key to getting out of debt fast is to visit your money every day. Visit your money every single day. Now I know some of this like that doesn’t really help me right now. Well, here’s the reality is you didn’t get in the hole you’re in today. This didn’t happen yesterday. It didn’t happen yesterday because you went out and spent a ton of money yesterday and all of a sudden you found yourself in this deep hole of debt. So you didn’t get in it in a day, you’re not going to get out of it in a day. The problem that put you in the hole that you’re in if you are in debt is a problem of thinking. Okay?

It’s not just having enough money, or not having enough money, or not making enough money. It is a way of thinking that caused you to not make enough money, that caused you to overspend, that caused you to have the habits of doing it. And one of the habits that Napoleon Hill taught us in his original laws of success was to create the habit of saving or having money. And that is when you make money, you don’t spend it all. You got to keep money so that you always have cash. And one of the things I started doing years ago was I started carrying cash. Because when I was totally broke, I didn’t have cash. And I would carry … And I had a few dollars in my wallet. But there’d be times I didn’t have any cash in my wallet and I’m like, “I need to have money.”

So I went and got $300. Three $100 bills. Because I knew I’d spend them, I stapled them together and put them in my wallet so I wouldn’t spend them. And I just got used to having money. And then I made another shift and that was I got into the habit of taking my phone and every day. Every single day, I log into my bank account and I log into it and I visit my money. And the reason I visit my money is I just get to see how much money I have in the bank.

When I first started doing this, that was painful because I used to avoid. I didn’t want to know what was in my bank account, right? It’s like I just hope it’s above zero today. And I had those periods in my life. And now, so I started doing this even before I wanted to do it. Even when I would look at my bank account and go, “Oh. Oh my goodness.” But at least what happened was, one, is I stopped going below zero. I stopped getting overdrawn because I was aware of how much money I had. And as I started focusing on money, the more you focus on it, okay? The more you focus on it, the more effort you put into making it go up and not go down. All right?

So as Tony Robbins taught us, where attention goes, energy flows. Where attention goes, energy flows. And so I started looking at my bank account every day and I started giving it attention. And I thought it was kind of like giving attention to somebody you like. The more attention you give them, the more often you talk to them, the more special you make them feel, the more likely they are to stick around.

And that’s what I started to do with money. And I just started visiting my money every day. And it just meant logging in and I looked at my bank account. And I had my checking account, and then my savings account, and then I got a business account. And as the number of accounts grew, so did the amount of money in those accounts. And every day, I would just look at it. And I can remember the mile markers and the milestones whenever I stared having more money than I’d had previously in the bank. And I would literally take a screenshot of my bank balance so that I could have it and it would remind myself of the progress that I had made. And I’m telling you, when you’ll do that, if you’ll visit, start visiting your money every single day. That attention that you’re giving to it also puts energy toward making and having a lot of money.

Now we’re not just talking about having a lot of money to be able to go spend stuff on yourself. That’s not what we’re talking about. The great thing about having a lot of money is that you have a lot of choices, you have control, you have security, you have the ability to be comfortable. With abundance comes the ability to make an impact, and to be able to give, and serve, and help other people, and do the things that are important for you in your life. Not only for yourself, but for the people that matter most to you.

Debt is such a pain. Having a lot of money is such a pleasure. And when you’ve spent all this time in debt, you have so much stress that you’ve carried around with you for so long that you don’t even realize how much of a burden it is, how heavy that weight is of debt. And you feel it at moments of pain, but then you just get used to living with it. And it just makes you just crunches you over. I think it’s literally like wearing, carrying heavy weights on your shoulders that over time it just breaks you down, and it just bends you over, and it just curls you up in your mind and in your emotions.

Don’t settle for being in debt, my friend. You’ve got to make a commitment to get out of debt, to stay out of debt, and get there forever. And you don’t have a debt problem. You have an income problem. You have an abundance problem. That’s the challenge. You shift from scarcity to abundance. From having debt to having money. And as you shift that thinking, you shift that focus, it’s going to shift the behaviors, it’s going to shift the mindset, and it’s going to shift the bank account. That, I can promise you.

So if you liked the video, make sure you give it a thumbs up. I’d like to hear your comments below. Money is one of those crazy things. There’s so many pinned strong emotions, strong feelings, strong beliefs about it. I’d like to hear yours. And so make sure you give the video a thumbs up, subscribe if you haven’t, and then post your comments down below about your thoughts about money, and getting out of debt, and staying out of debt, and doing it fast. We’ll talk soon.

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