LOA Today - Your Daily Dose Of Happy

Building a Debt-Resistant Mindset for the Future


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Debt can feel like a heavy chain, weighing us down and limiting our potential. But what if we could break free and embrace a life of abundance?


In a thought-provoking conversation, Walt and Joel shared their personal experiences and insights on how to cultivate a "debt-resistant" mindset.


Walt recalled a time when his credit score plummeted below 600, leaving him feeling trapped in a cycle of financial struggle. "I remember when my score was down below 600, and I'm thinking, this is going to be the rest of my life," he shared. Joel, too, had faced his own battles, recounting the overwhelming sense of despair that came with owing a quarter of a million dollars in credit card debt.


However, their stories didn't end there. Through a shift in mindset and a willingness to take action, both Walt and Joel were able to transform their financial situations. Joel explained, "The more you believe it, the more your reality starts to adapt to your perspective." This powerful realization became the foundation for their journey to financial freedom.


One key takeaway was the importance of incremental progress. As Walt shared, "It doesn't have to be a big shift all at once. Great if you can do that, but even the smallest shift can make a difference." Joel echoed this sentiment, emphasizing that the subconscious mind doesn't change overnight. "The changes are much more incremental. But once you... start changing slowly, eventually, it accepts a new reality."


The duo also highlighted the role of visualization and affirmations in reinforcing a positive mindset. Walt shared his experience of overcoming a physical challenge by maintaining a belief in his ability to heal. "I decided that somehow I was going to change. I had no idea how, other than to just keep going to therapy and do what my therapist kept telling me to do." This unwavering faith in the power of the mind was a common thread throughout their discussion.


Perhaps most inspiring was the idea that the journey itself is the true reward. As Joel eloquently stated, "The journey is the point. The destination is a nice byproduct, but the journey is where you thrive and grow and fall and fail, and you learn from that, and your beliefs are forged."


The path to financial freedom may not be linear, but with the right mindset and a willingness to take action, it is possible to unshackle ourselves from debt's grip. As Walt and Joel have demonstrated, the key lies in embracing the process, celebrating small victories, and trusting in the transformative power of our own beliefs.


LOA Today Episode Page: https://www.loatoday.net/building-a-debt-resistant-mindset-for-the-future


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LOA Today - Your Daily Dose Of HappyBy Walt Thiessen

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