Reduce Debt Increase Wealth
Episodes
240 episodes
Big Purchases
Managing large cost purchase is the basis of this episode. An auto or home the day will come when face with these decisions. What to do and how to approach the challenge. Article Link:https://www.houselogic.com/remodel/budgeting-contracting...
Everything to Reduce Debt
Using the control center to help reduce spending is a benefit of doing a control center. Seeing where money is going and taking control of spending help reduce debt. Keeping spending under control is necessary and is easy to do once know where ...
Debt Reduction Plan
Getting debt under control a plan is needed. Debt Reduction Plan must do more than just reduce debt to be successful. More about the Happy giraffe Debt Spreadsheet to work with every plan.Article Link:
Alternate To Control Center
There is another way to account for finances but before starting on that option going to follow up on some control center items. Article Link: https://Happygiraff...
Starting Control Center
Control Center is nothing more than a budget, this is the easy way to create and update the control center every week so knowing what happening in finance is current. Starting with the most simple budget for those who are struggling to pay down...
Fix MIstakes start Tracking
Knowing the problems with personal finance the first fix is start tracking. Tracking is simple and once started does not require much time if kept up to date. Article Links:https://www.nerdwallet.com/article/finance/track...
Personal Finance Mistakes
Most problems start with mistakes, in personal finance not doing things is a mistake. Knowing what to do is the best way to avoid the debt cycle and budget crisis staying inform with finances is the way to start. Article Links:<...
Benefits of Debt Reduction Plan
Getting control of personal finances and stopping creditors calls are a couple of benefits. This is a plan for the do it yourselfer and is easy to start and stay on track.Article Links:
Benefits of Control Center
Having and keep a budget up to date has benefits. Tracking will help in this process but putting the number in front to compare what happen is a big factor in getting personal finances in order.Article Links:
Benefits of Tracking
Most do not keep track of spending, which is when problems can and will start. Too much debt is cause by spending too much money and unaware of that problem. Article Links:
Debt Problem Overview
Have debt problems this episode talks thru all the steps to getting debt under control. Beginning with identifying the problem and the steps to take to tackle this problem.
Reduce Debt Tips
What it takes to pay off credit and tips and tricks to make the process easier. Do it yourself is the cheapest way to reduce debt but must be able to make tough decisions then carry thru with them.Article Links:
Setting Up Budget
Once tracking has been done for the last 30 plus days, now it time to start a budget or control center. The tracking will make the control center easier to setup and to maintain. Vacation time and how that affect the tracking and budgeting proc...
Tracking Basics
Knowing the basics of personal finance, the tracking makes more sense. Everything will start to fall into place as to the importance for personal finance. Tracking of monies into and out of checking will start to full fill the five aspects of p...
Personal Finance Basics
Knowing the basics about personal finance is necessary for debt reduction. Everyone should understand personal finances to plan and pay bills. This includes savings for future purchases and taking care of basic needs. Article ...
Option to Doing a Budget
Doing a budget to much time and want a different approach to help reduce spending. How about find out the amount of money available to spend on a weekly basis. This spreadsheet will give you that information. This is new topic in th...
Debt Reduction Plan Budget
Having problems reducing debt, this is how to get started on that process. Going to expand on the allocation money in the control center. (Budget). Article Links:https://www.equifax.com/personal/education/debt-managemen...
Advance Budgeting Items
Once the budget in place and a few months has pasted it time to add items to help with credit score and overall financial health. Using percentages as a guideline. When using an app learn how the app works before starting the app. Take ti...
Budget from Tracking Categories
Making and keeping a budget needs to be simple, or it will not work. Here is a way to do a budget the easy and fast. Referring to using tracking app by printing out a report to develop the budget. Budgeting is to help identify problems and adju...
Tracking Income & Expenses
All the debt has been identified now it time to start tracking all income and spending. Knowing how much money is in the checking account and monies owe is important to reducing debt. Emergency fund in detail how to setup different savings cate...
Tracking Debt
Debt problems this is the first place to start. Tracking debt the how and why to get debt under control. Tracking is more than just debt also includes income, and spending. Article Link:
Spending Leaks
Spending too much but not sure or just living paycheck to paycheck how to fix these problems. Always thinking about spending money almost everything do and see try’s to get us to spend money. Lets see how to stop that type of spendi...
Almost Debt Free Now What
Getting closer to being debt free now what to do with the money. Tracking and still have a control center is a must. No reason to go back to old spending habits. Article Link:
Budget Made Simple
Control center is the second most important part of the personal finance. Keeping spending under control and know what and where money is going is key to reducing debt and increasing savings. Article Link:
Money In, Money Out
That is what most checking account are doing. The first and most important part of debt reduction is tracking all spending and income. Doing this will help as knowing when and where money is going is key to understanding the debt problem. Once ...