Reduce Debt Increase Wealth
Episodes
240 episodes
Budgeting
How to budget, the basics using the tracking software to get reports and grouping. How to reduce overall spending on items. Review the budget to remove items not using or no longer needed. Article Links:
Spending Tracking
Why tracking is important both to know how much debt is owe, and when due. Tracking checking, credit cards, savings knowing what is due when and the amount in emergency fund. Article Links:
Retirement Planning
Why plan for retirement social security will be enough to live on, I hope. Don’t plan on having someone else to take care of you, plan on taking care of yourself. Article Links:
Financial Planning
Take the time to look ahead in life, then plan for whatever is coming. This is what most people fail to do, failing to plan is planning to fail. Article Link:
Pawn Shop
Is it a good place to get a loan, it depends on what the use of the loan is going to be. Be careful and know the interest rates and all fees before accepting this type of loan. Article Links:
Living Paycheck to Paycheck
Feeling overwhelmed with bills, it seems there never enough money to pay all. How to get out of this cycle and have money to save. The first thing to do in this process is to review… Article Links:
Debt Management Plan
What is a debt management plan, is it the same as a debt reduction plan what is the difference between these plans. Should a debt management plan be something in place before borrowing money. Article Links:
Credit Card Debt Consolidation
Before getting a debt consolidation loan the first thing to do is to have a debt reduction plan. This way getting that loan will be easier and perhaps not even required. There are many apps that help with getting finances under control. They ma...
How to Budget
This is a quick and easy way to get started with a budget. Knowing categories and the percentages of each is key in keeping a successful budget. Article Links: htt...
Tax Refund
How to use your tax refund to reduce your debt. Many people think by using tax refunds to pay down debt is the best thing to do. This may not be the best way to use a tax refund. Article Links:
Paying off Credit Card Debt
Bye now the Christmas spending is showing up on credit card statements. Now the time to start planning to avoid the same debt problems next year. How to quit using credit cards to pay for Christmas. Article Links:
Percentage of Americans living paycheck to paycheck
Many Americans are living paycheck to paycheck don’t feel alone. This is a common problem among middle income and high earners making over $ 100,000 per year. So, it not the income that the problem perhaps spending too much with too much debt.&...
F I R E Retire
Retirement is not an age but should be when finances allow retirement to happen. Retire early is only limited to income, debt owed, and the ability to pay all the bills. Having wealth in abundance at an early age solves this long-time problem.&...
Personal Finance
What is personal finance, it more than paying off debt or creating a budget. It is planning, managing money as well as savings and investing. Also, the protection of assets plus protection of income. This podcast focuses on reducing debt, but p...
Wealth
Getting debt under control is the first step in building wealth. It takes more than getting out of personal debt. Building wealth takes investing to the max and maybe even starting a business to help create the wealth wanted. Articl...
Financial Plan
The final process is to create a financial plan. Getting here has been a lot of work tracking income and expenses, creating a budget, getting a debt reduction plan in place. Now the final step is to put down on paper your financial plan. <...
Debt Reduction Plan
Started tracking expenses and income, setup a budget now knows where the money is going, the next step is a debt reduction plan. This is the next step towards getting credit card and all debt under control.
Personal Budget Template
New year maybe good time to setup a new budget. Already have budget good time to review and make changes to reflect the changes in life. Adding new categories, removing old ones is an ongoing process. Request a budget workshee...
Tracking Expenses
What is tracking and how does this work with a budget. First a budget only shows what you should be spending. Without tracking how would a person know if on track or spending too much. The most important part of your personal financial life sho...
How to stop using Credit Cards
Unable to pay off credit card balance every month a problem is developing. To solve this problem stop using credit cards to made purchases. This is how to stop using credit cards, the rewards are not worth the interest and fees that may be paid...
How to Build Credit
Building credit is important for everyone. Having a bad credit score will hurt the chances of getting a loan, and even increase cost of insurance. Article Links:
When and How to Debt Consolidate
Debt consolidation may be a good idea, can you get the loan with lower interest rate. Is your credit rating improving or getting worse since the last loan or new credit was issued. Getting a higher interest rate loan does not make sense so bewa...
Relief From Credit Card Debt
Companies offer you relief from credit card debt if it sounds to good to be true then beware. What to know before doing anything. Do it yourself to reduce the cost and time to get out of debt. Article Link: