Are you overwhelmed by the thought of trying to dig out of $15,000, $30,000, $60,000, or more of debt? Whenever the task at hand doesn’t seem possible, step back and divide the problem into small pieces that you can conquer. $25,000 may not seem possible given your current financial habits, but I bet most of can picture wiping out that $800 balance on a department store credit card.
This is why the debt snowball strategy works so well. Listing your debts smallest to largest, putting them on display, and then attacking the smallest one with a vengeance really makes things simple and manageable. As the debts begin to fall, you start to feel that the end is actually attainable. You behavior is changing and you get more courage and energy with each debt that is eliminated.
The divide and conquer approach not only works well debt destruction, but also on any task that seems too big to accomplish.