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How do you get out of debt? You have to sit down with pen/paper and track your money. How much is coming in and how much is going out? If there’s more going out than coming in, you need to decrease how much money you’re spending.
Entertainment and eating out at restaurants are two big areas where money leaks out of our budget. Alcohol and tobacco are two big areas of “ouch” for some of us.
Making money isn’t the problem. What we do with the money we make is the problem.
Recommended resource:
Larry Winget’s:
You’re Broke Because You Want to Be
Questions:
Where Do I Start?
Start by spending less than you earn or make more than you make now.
Action:
Use our Put it On Paper worksheet.
Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email
