THE MONSTER OF DEBT
First Step: Stop Spending Money You Don’t Have.
The first step to getting rid of your debt is to stop spending money you don’t have. Here are a few examples:- Do you have streaming services? Unsubscribe. TV is wasting hours you could be spending working to get out of debt, plus it costs money.
- Do you really need the Oreos or chips? Cut your grocery bill down. That junk food really adds up, and it
- adds to your health care costs, too.
- Do you eat out? Stop. You could be saving money on food and the service if you are the chef and waiter. no tip needed!
Second Step: Make More Money
Okay, this is another no-brainer. Of course you want to make more money. The trick is, make more money AND pay off the debt you have. More money with less spending SHOULD EQUAL less debt. and less debt equals more freedom. The Trick: The Art of The Side Hustle
Third Step: Pay Off Your Debt.
That money you will be earning from extra jobs WILL BE a temptation to spend. Remember, though, you are having to work hard to get free of those chains that are binding you. And if you make the decision to do what is hard now, you won’t have that monster hanging over you for the next decade.
Fourth Step: Repeat One Through Three.
Do that until you are done—even when it is hard and obnoxious and you just want to quit. Do it anyway. It is
easy to spend money and much harder to pay it back. Change the behavior that got you here, and SLAY that monster for good! SLAY THAT MONSTER!
discussion questions
3. If you need to get a second job to pay off bills, or just get rid of some of
your monthly bills, then what opportunities do you think are available
to you?
1. What is your financial situation? What kind of debt do you have?
2. What ideas do you have now for lowering your
debt?
THE MONSTER OF DEBT
Daniela Smith
Created on February 13, 2023
Start designing with a free template
Discover more than 1500 professional designs like these:
View
Tech Presentation Mobile
View
Geniaflix Presentation
View
Vintage Mosaic Presentation
View
Shadow Presentation
View
Newspaper Presentation
View
Zen Presentation
View
Audio tutorial
Explore all templates
Transcript
THE MONSTER OF DEBT
First Step: Stop Spending Money You Don’t Have.
The first step to getting rid of your debt is to stop spending money you don’t have. Here are a few examples:- Do you have streaming services? Unsubscribe. TV is wasting hours you could be spending working to get out of debt, plus it costs money.
- Do you really need the Oreos or chips? Cut your grocery bill down. That junk food really adds up, and it
- adds to your health care costs, too.
- Do you eat out? Stop. You could be saving money on food and the service if you are the chef and waiter. no tip needed!
Second Step: Make More Money
Okay, this is another no-brainer. Of course you want to make more money. The trick is, make more money AND pay off the debt you have. More money with less spending SHOULD EQUAL less debt. and less debt equals more freedom. The Trick: The Art of The Side Hustle
Third Step: Pay Off Your Debt.
That money you will be earning from extra jobs WILL BE a temptation to spend. Remember, though, you are having to work hard to get free of those chains that are binding you. And if you make the decision to do what is hard now, you won’t have that monster hanging over you for the next decade.
Fourth Step: Repeat One Through Three.
Do that until you are done—even when it is hard and obnoxious and you just want to quit. Do it anyway. It is easy to spend money and much harder to pay it back. Change the behavior that got you here, and SLAY that monster for good! SLAY THAT MONSTER!
discussion questions
3. If you need to get a second job to pay off bills, or just get rid of some of your monthly bills, then what opportunities do you think are available to you?
1. What is your financial situation? What kind of debt do you have?
2. What ideas do you have now for lowering your debt?