Thursday, April 9, 2009

Project Debt2Freedom

Okay now you have some notes on paper right? The next step in Project Debt2Freedom is to fine tune your goals. If you are truly here to better your chances at Building Wealth and Saving Money than the following is of interest. Everyone has a different set of goals and potential hinderances. Mine were similar to what was listed in the earlier post buch much lengthier :)

Now here's where it begins to get difficult. Give each goal a rank from most important to least. This will be of great importance when you create your upcoming budget. Now, heres where I give you the first item of importance. The highest ranked item MUST be Eliminate Credit Card Debt. Of any item on your list, this must always rank the most important. Unless some bookie is knocking on the door right now- this must be the number one priority for your success.

I will save the details regarding the importance of Eliminating Credit Card Debt for another post, but believe me, it is top priority regardless of your situation.

Now rank your hinderances from most likely to cause difficulty to least. This will be entirely based on your own situation. You need to decide what is most important now and what may become an issue in the future. Don't worry if you are unsure about anything; no one can truly predict the future.

This list you have now should have only taken a short amount of time to rank and will become the foundation of your personally planned Project Debt2Freedom.

This is where you will notice that my method for you differs from any others you will find on the net. For one; it has worked for me and it will work for you (anyone at all, even a Stay at Home Mom) and most importantly-

It costs nothing.

On to the next post :)

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