Declutter Your Finances

Step 2: Look at the True Cost of Your Debt

The quantity of your stuff can no longer be considered the measure of your success, Peter says. Rather, it is the quality of your relationships that lead to deeper happiness, he says. "Debt doesn't just ruin your credit rating—it ruins your relationships," Peter says. "Debt creates selfishness, an inward focus and preoccupation that robs you of what really matters—your true self and your relationships."