Career & Finance: Debt Management
Why do you want to do this?
If we can eliminate our debt, then I feel like it opens further a door towards financial freedom.
What three things will you need to make this happen?
Continue to meet with our financial planner to come up with a step-by-step plan for eliminating our debt.
Be disciplined and use any excess funds to pay off debt before spending on unnecessary items.
I will need to be patient and remember to keep the end goal in mind.
What is the biggest barrier to your achieving this?
The biggest barrier is just going to be discipline. We are in a financial situation where we should be able to pay off most of our debt, excluding mortgage in the next two years. Some sacrifices will need to be made in other areas, such as travel and big ticket purchases, to make this item happen.
As you progress with your goal, share the resources you find helpful with others who can also benefit from them.
No resources have been added
