A simple way to get debt free
You’ve gotta have a goal of being debt free. You’ve gotta get real mad to find the motivation.
But in order to be debt free you’ve got to take action. Only you can do it. Only you can make it happen. As long as you stay where you are and do what you do you’ll always get what you’re getting.
It begins by collecting every bill you have and putting it in a folder. Start the $15 dollar a day strategy and systematically going after each bill one at a time with the smallest first.
As you pay off each bill going from the smallest bill to the largest use the money from one paid off bill to go toward the other until you’re done.
Remember the definition of insanity: Doing the same thing over and over again expecting different results.
David Dassow
Saturday, June 21, 2008
Monday, June 16, 2008
A New AP Story On The Pit-Falls-Of-Debt
A new AP story on the pit-falls-of-debt
Just came out and it’s pretty depressing! The story talked about the emotions of being in debt and how it’s pretty tough on the debtor to live life with the emotions and pressures of owing lots of money.
I’m sure you can relate to the story.
I know I can. I’m more amazed that it took this long to realize when you owe a pile of money and can’t afford to pay it back, “that’s a problem”!
What the story should have done was to focus on the solution. The solution isn’t to borrow more money. The solution is to pay-off the debt and live debt free.
Until you change the way you do things you’re always gonna get the same results. The bigger question is, how do you make a change and go from living in debt and always thinking in terms of debt to living debt free and always thinking, “I won’t get it if I don’t have the cash”.
Cash is KING. The story doesn’t focus much on cash. But, if you go to a cash only mentality you’ll get rid of your debt and feel even better. You can live a life free of most of your stress. You can live a life free of the emotional ups and downs that go with staggering your bills to make the minimum monthly payments.
Look for the strategies I’ve posted on living debt free. Start with the $15 dollar strategy for one and treat the problem like you were eating an elephant. One bite at a time.
David Dassow
Just came out and it’s pretty depressing! The story talked about the emotions of being in debt and how it’s pretty tough on the debtor to live life with the emotions and pressures of owing lots of money.
I’m sure you can relate to the story.
I know I can. I’m more amazed that it took this long to realize when you owe a pile of money and can’t afford to pay it back, “that’s a problem”!
What the story should have done was to focus on the solution. The solution isn’t to borrow more money. The solution is to pay-off the debt and live debt free.
Until you change the way you do things you’re always gonna get the same results. The bigger question is, how do you make a change and go from living in debt and always thinking in terms of debt to living debt free and always thinking, “I won’t get it if I don’t have the cash”.
Cash is KING. The story doesn’t focus much on cash. But, if you go to a cash only mentality you’ll get rid of your debt and feel even better. You can live a life free of most of your stress. You can live a life free of the emotional ups and downs that go with staggering your bills to make the minimum monthly payments.
Look for the strategies I’ve posted on living debt free. Start with the $15 dollar strategy for one and treat the problem like you were eating an elephant. One bite at a time.
David Dassow
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