This is the most powerful of all the steps and it is the key to paying off debt faster, saving/investing more and being free faster, but what does an 8000 calorie slice of cake have to do with it all?
Much in the same way as in Step one, this step is very simple but might require a bit of paper digging to identify all your loan agreements and debts. Hopefully we will only have to do this once and then we can avoid debt for the rest of our lives.
Out of sight out of mind is the issue here, we need to know what we earn yearly, monthly, weekly etc. Not only that but we need to know what we are paying in Taxes, National Insurance (if you are in the UK), USC (If you are in Ireland), Student loans, what is our Tax code […]
The moment is pretty tough when you first see the facts before you. You see that your salary could be double and would still not be enough. That you work all the hours you can tolerate but the only way up