Gazelle Intensity: How To Become Free Of Debt?

Gazelle intensity demands that an individual takes debt as seriously as they should and clears off their loans or credit bills or any financial burdens with the speed of a gazelle

One part of gazelle intensity focuses on paying off debts, however, the other part states that you also need to enhance your financial capabilities.

Source : ABP Live AI

What comes to mind when you think about a gazelle? Surely, you must imagine how beautiful the animal is and of course, how fast it is. But have you ever thought about adapting the gazelle intensity in your life? As silly as it sounds, this phrase can help ease our lives today.

What Is Gazelle Intensity?

Gazelle intensity was used by Dave Ramsey to describe the speed and intensity with which one should clear off their debt. So essentially, how a gazelle runs like its survival depends on its speed, the gazelle intensity teaches us to maintain the same grit and pace when it comes to managing debt.

With the increasingly capitalist world and the easy availability of credit, it is too much of a temptation to resist debt. While debt can be useful in building wealth, it only takes a few missed payments or deadlines to fall into the debt trap.

This is where the Gazelle Intensity comes into play. The ideology demands that an individual takes debt as seriously as they should and clears off their loans or credit bills or any financial burdens with the speed of a gazelle.

Essentially, the philosophy says to act with urgency when it comes to clearing off debt as if your life depended on it, just like the gazelle that runs away from a cheetah with all its determination because it is literally running for its life.

This philosophy can help sort your financial stability and also push you to develop a healthy attitude towards money which will help keep you out of fiscal problems all your life.

How To Achieve Gazelle Intensity?

So now that you have decided to live a debt-free life, how can we get there? The level of gazelle intensity differs for everyone, based on their situation, circumstances, lifestyle choices, and income. The essential idea is to think of debt as your target and attack it with all your determination, without any scope of adopting a calm and slow approach. However, gazelle intensity isn’t about stripping yourself of all the joys of life. It isn’t a trendy diet, but rather a thorough and strategic commitment to alter your fiscal ideology.

Budget Is Key

Understanding your finances is key to being on top of them. By creating a meticulous budget, you will be able to get a full picture of your spending habits, your overall expenses, and also, where you can generate some more income. 

Every Debt Is Important

The gazelle intensity focused on paying off every single debt, no matter how small it is. The idea is that even a small debt, when cleared off, can help motivate you to keep moving forward and making hard choices to become free of the debt trap. 

At the same time, it is also crucial that you limit yourself from piling on to your debt. While it might seem like an obvious suggestion, restrict yourself from taking out debt for an easy way out. To live a debt-free life, these measures have to be implemented daily.

Income Generation

One part of gazelle intensity focuses on paying off debts, however, the other part states that you also need to enhance your financial capabilities. You cannot live a life free of debt without generating income from more than just one traditional source. Every extra bit in the account helps you take one step closer to a balanced fiscal life.

Avoid Credit Cards

While credit cards can help develop a healthy CIBIL score and offer you lucrative rewards for your spending, if you are an impulse buyer, it is better to stay clear of them. A debt-free life cannot go hand-in-hand with a credit card enthusiast. All it takes is one single late payment or missed deadline for the penalty and interest charges to pile on and land you back in a debt trap that you have been working so hard to get out of.

Discipline

The gazelle intensity demands you to view all your expenses critically and be disciplined in your approach to cutting down unnecessary things. The key is to focus on need and not want. This could mean cutting down on subscriptions, eating outside food, impulsive shopping, and any other such expense that isn’t needed. The stricter lifestyle you maintain, the easier it becomes to eliminate debt swiftly.

Find A Buddy

Find fellow-minded people who can help encourage you to keep working hard to stay on the right track and also act as an inspiration to help you both achieve your financial goals. You don’t have to deprive yourself of company to live a debt-free life, all you need is to spend your time with people who have the same priorities as you and understand your lifestyle without judging you.

In the end, you can use gazelle intensity to achieve any fiscal goal, not just clearing debt. If you adapt this philosophy, your mentality towards savings, and investments will change for life and help you achieve financial stability. The key is to not just focus on speed, but also on determination to commit to your end goals, no matter the sacrifice needed.