Here is a new post related to the Debt Reduction / Elimination topic.

As you either start or consider starting on dealing with your debt as you build wealth you need a place to start. There are several resources that I like and would recommend, however you have to find work works best for you.

In any plan however taking action is key.

I wanted to post this video today because it does a pretty good job of outlining 10 steps you can use to get started without pushing you in a direction – just using common sense. Some of the steps are: Stop Using Credit Cards, Look at your bills, Get a handle on what your total debt is, create a budget, figure out what interest rate you are paying, ask for a rate reduction and a few more.

I am hoping it will give you some things to think about as you start eliminating your debt as you build your wealth.

Have a great day