MY MONEY MY WAY MINI-LESSON DAY 5: ATTACK YOUR DEBT

To celebrate the release of my brand new National Best Selling book - My Money My Way: Taking Back Control of Your Financial Life, I am continuing a six-day Mini-Lesson event. Every day for six days, I will be sharing some financial building blocks from my new book!

Are you ready to start transforming your finances?

Today's My Money My Way Mini-Lesson is all about attacking your debt. We will be creating a plan to decrease your debt, and I will be giving helpful tips for getting rid of debt once and for all.

To get a daily mini-lesson reminder, make sure you turn on notifications and subscribe to my channel.

Let's start a new financial journey - YOUR WAY!

Day 5: My Money My Way Mini-Lesson: Attack Your Debt

1. Paying off debt isn’t just about the payments.

2. What feelings do you have towards your debt?

3. There is no right or wrong way to pay off debt.

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Your Homework:

1. Face your debt head on by understanding your debt picture. Make a list of ALL your debt. Write down the creditor, interest rate, minimum payment and due date, and overall balance for each debt.

2. How will you attack your debt? Choose a method. This can be the avalanche or snowball method OR a method you come up with.

3. Implement, update, and inspect. Based on your budget and method that you choose to use to pay off your debt, make sure to include your debt payments in your budget and spending plan.

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GET THE GOODIES: If you have ordered a copy of My Money My Way, you can get the accompanying worksheets to My Money My Way!
➡️GET THE MMMW WORKSHEETS: https://www.thebudgetmom.com/mymoneym...

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Get your free financial fulfillment score and checklist!
➡️ TAKE THE FREE FINANCIAL FULFILLMENT QUIZ: https://www.thebudgetmom.com/mymoneym...

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ABOUT ME

I'm the blogger behind https://www.thebudgetmom.com. I have a rambunctious 6-year-old son, live in Washington, and I'm passionate about helping people with money management and personal finance. Let me know what you like to learn more about! Leave me comments and suggestions on my video and let me know!

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