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DF 047: How Much of Your Surplus Can you Put Towards Debt?
A Debt Repayment Plan Doesn’t Mean Being Cash Poor.
The urge to get out of debt can cause us to want to take all our surplus income and pay off a debt. This is only advisable if you don’t put yourself into a situation where you become cash poor. Accelerating the repayment of your debts is the goal but not at the expense of financial instability.
Daily Focus: Identify how much of your surplus income you can safely dedicate to your debt repayment plan.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com
The urge to get out of debt can cause us to want to take all our surplus income and pay off a debt. This is only advisable if you don’t put yourself into a situation where you become cash poor. Accelerating the repayment of your debts is the goal but not at the expense of financial instability.
Daily Focus: Identify how much of your surplus income you can safely dedicate to your debt repayment plan.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com
View all episodes
By BN FocusA Debt Repayment Plan Doesn’t Mean Being Cash Poor.
The urge to get out of debt can cause us to want to take all our surplus income and pay off a debt. This is only advisable if you don’t put yourself into a situation where you become cash poor. Accelerating the repayment of your debts is the goal but not at the expense of financial instability.
Daily Focus: Identify how much of your surplus income you can safely dedicate to your debt repayment plan.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com
The urge to get out of debt can cause us to want to take all our surplus income and pay off a debt. This is only advisable if you don’t put yourself into a situation where you become cash poor. Accelerating the repayment of your debts is the goal but not at the expense of financial instability.
Daily Focus: Identify how much of your surplus income you can safely dedicate to your debt repayment plan.
Learn - Plan - Act - Succeed
Join Our Growing Community:
- FaceBook & Twitter Page: @BNFocusToday
- Facebook Group: Money Mastery
- Instagram: @MoneyMasteryLife
Visit us at www.moneymasterylife.com