Debt... The subject that no one wants to talk about, but has the largest impact on our financial position, and mental well-being . Debt is a very debatable subject, but at the end of the day in order to obtain our financial goals, we have to be free of consumer debt. But, how do we accomplish that?
This episode we go through several strategies to tackle debt, and improve your financial health.
Reference
04:00 - The importance of budgeting
05:00 - The importance of goal setting
05:16 - Understanding your credit score
07:00 - Strategies to paying off debt
12:00 - Allocating for Emergencies
14:30 - Looking at Fixed expenses
15:44 - Seeking help
There is so much jam packed into this episode. Now for the essentials that will make life so much easier!
Tracking tool - Budgeting tool developed to give you all the analytics needed!
Debt Busting Tool - Perfect way to track your debt
Getting a grip on managing your debt and finances will only expedite your plans to buy your first home. Take action by listening to this episode.
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