1. | How much do I owe? Get out a pencil and paper and write down every debt you owe. Make 2 columns. In the first column write the amount of the monthly payment. In the second column write down the balance owed. |
2. | What's my monthly income? At the top of the page write down how much income you have coming in monthly. You must know the facts before you can figure out a plan of action. |
3. | What debt needs to be paid off first? The debt with the lowest balance needs to be paid off first because it can be paid off the quickest. Make minimum payments on the other debts and put the extra money toward the lowest balance debt. |
...hopefully that's helpful!
And also, I've got more coming your way!
Tomorrow, I'm gonna share my #1 piece of advice to aspiring financial leaders ... for how they can get the results they want, and quickly. So, click the link below and stay tuned!
Enthusiastically,
Coach Teresa
P.S. If you found this email helpful... you might benefit from your complimentary copy of
"The 5 Best Ways To Take Control Of Your Money" <Download Your FREE BOOK here> Oh, and be sure to check your inbox tomorrow; I'll be sending you some "bonus tips" that will complement this FREE BOOK nicely.