As I was watching television recently, a new commercial for Goldman Sachs caught my attention. They used the phrase, “Debt happens. It’s how you get out that counts.” 

 

I was struck by the truth and simplicity of this statement. Debt happens to us all for one reason or another, whether expected or unexpected. Our steps to get out of debt define our financial security. Will we make the hard choices, the hard sacrifices to pay off the debt? Or will we allow it to compound and drag us further and further down? 

 

As we move into a new year and the opportunity for reflection and recommitment abound, don’t neglect financial goals. Ask yourself, What does financial security mean for me? What can I accomplish this year? Am I ready to make the sacrifices required?

 

There is no better day than today to start improving.