Where Does My Money Go? May 30, 2009

How To Get Rid of (BAD) Debt will provide the tools to help you get out of bad debt within 5-8 years no matter what your financial situation looks like now. The workshop will be eye opening, hands on, interactive, and exciting (I guarantee it). You will:

Map your current financial state

Identify your financial habits

Develop your individual debt-free plan

Draft your new budget

Learn the concept of “Paying Yourself First”

Uncover ideals for finding or releasing additional money

Learn the difference between good debt and bad debt

You might ask…..Why would anyone want to be debt free? Why would anyone that is not in a desperate situation, even consider this plan? That is a good question because I used to think it was good to have some debt (mortgage) to minimize the amount you will pay in taxes at the end of the year, I was wrong, come to the workshop and I will tell you why.

Add you current debt (credit cards, student loans, car payments) including your mortgage and imagine having that amount available to buy property, a dream, or give to charity. If it adds up to $2,000, that will be $24,000 at the end of each year. Wow!

Whether your dream is to own your home, invest in rental property, take an exotic vacation, or put your children through school, it is manageable and just takes a little discipline. We can help you get there.