Welcome! Let's Talk How To Win with Money
Rule #1 Keep Your Eyes On You Own Paper (Mind Your Own Money)
Rule #2 Expect Problems & Have Them For Breakfast (Prepare for Emergencies)
Rule #3 Every Dollar Must Have A Job (Budgets Suck, But So's Being Broke)
Rule #4 Spend Less Than You Earn (Debt Could Be The Death of You)
Rule #5 Use Credit Wisely (Credit - Getting It & Maintaining It)
Rule #6 Let Your Money Work for You or You'll Always Be Working For Money (Investing)
Closing - Keep Learning and Keep Earning
INTRO (0:30 mins)
The most crucial financial principle to grasp and live by at this foundational phase of your life is spending less than you make.
Whether you make $50,000 or $500,000 you will never succeed financially if you don’t live on less than what you bring in; but it’s easier said than done, right? Well let me tell ya–the longer you stay committed (even if your income is low), the easier it is to do so in the future when your income is higher.
If you can follow this simple rule, you will be amazed at how quickly your finances improve.
Here’s what we’ll cover in this module and when you’re done with this module, you’ll:
- Learn why crushing your debt is important
- Know how to draft a plan to pay off your debt
- Learn how to cut unnecessary expenses.