Lesson 3: Debt Relief & Beliefs
Break the Cycle, Build the Future
Watch the video below on rewiring your money mindset and learn key strategies.
Introduction
The Trap: You’re paying… but still stuck.
That’s the debt cycle:
Earn → Pay → Survive → Repeat.
But the real problem? It’s not just financial. It’s mental.
3 Money Lies That Keep You Stuck
1. “I’ll always have debt.”
Truth: Debt is a phase—not your identity.
2. “I need more money to fix this.”
Truth: Strategy beats salary. It’s about how you use what you have.
3. “Debt is just part of life.”
Truth: Debt is a tool. Use it wisely or phase it out.
The 7-Step Debt Relief Plan:
1. Emergency Fund First – 3–6 months of savings = peace of mind.
2. Know Your Rates – Refinance if you can.
3. Automate Payments – Protect your credit.
4. Prioritize Smartly – Use Snowball or Avalanche.
5. Negotiate – Ask for lower interest or waived fees.
6. Simplify – Refinance or consolidate when it makes sense.
7. Get Guidance – Don’t do this alone. Strategy is key.
Timothy’s Tip
“The method doesn’t matter as much as the mindset. Speed is Key. The faster you pay it off, the faster you free up cash flow.”
When you complete the lesson, reply to the email.
I’d love to hear what came up for you.
Lesson 4 releases tomorrow.
Let’s map out a clear, personalized debt relief strategy that aligns with your income, values, and long-term goals.