Build wealth. Love your life
Let me tell you what I know about how to stay debt-free and the money management systems that helped me do it. (Yes, we have lived debt-free since 2013 when we paid off £100,000 consumer debt.) You see, to get out of debt and stay debt free you need to:…
To pay off your debt you must: Be single-mindedly committed; Crave debt freedom with the hunger of a thirsty man in a desert; Take pride in paying off your debt; and Have a great plan. Do you want to pay off your debt this year? I know that the economy…
Start by understanding your financial situation. List all debts, their interest rates, and monthly payments. This helps visualize your overall debt. Next, prioritize. High-interest debts generally need to be paid first. However, the “snowball method” recommends paying the smallest debts first for motivational boosts. Thirdly, create a budget. Allocate…
You dream about debt freedom and the thing left to figure out is how to pay off debt. I get it. Dream, line and sinker. Living under a mountain of debt is stressful. For years Ostrich has been your favourite yoga pose. You have buried your head in Netflix shows,…
Debt, and how to pay it off and become debt-free, are very much on the agenda. Debt freedom lessons offering wisdom and inspiration are like rain after a long, dry summer. While we still can only guess the size of the economic fallout of the Corona pandemic, it is…
From working through this post, you will learn how to clear debt quickly by changing your thinking and laying the foundation of sound preparation. Once you’ve finished reading you will be ready to tackle the practical actions leading to paying off your debt fast. What was the first thing…
You want to pay off your debt fast, I understand. You have already cracked the most important secret to paying off debt and committed. You are all fired up and rearing to go. But before you take off, I will tell you about the things you should not do…
You’ve just decided it’s time to deal with your debt and have set out to learn all there is to know about debt and what to do about it. You read blogs, you read top-notch websites and, if you are really into working things out, you may even be…
Pay off debt or save and invest? This is the question. Prioritising what you should do with your money is always an issue. Most people, especially those aged 25-40, are usually carefree regarding money. Saving up for the future is not really a priority, and paying everything off with…
If you are up to your neck in debt, then you know just how stressful trying to keep up with bills and payments can be. Financial stress, however, is not simply in your head. If it gets bad enough, it could start affecting your overall health in very serious…
We are debt-free today! And you are looking at an expensive bottle of Cabernet Sauvignon I brought back from Chile. It is empty. We drank it last Friday and it was outstanding wine. Even greater was the occasion – John and I had decided to share this bottle when…