Financial Freedom—Bad Debt and Good Debt

“Whether your debt is good or bad depends on the type of debt, the reason you owe it, and whether you can afford to repay it. When used the right way, debt can help you manage your finances more effectively, leverage your wealth, buy things you need, and handle emergencies” (John Ventura and Mary Reed from Managing Debt For Dummies). …

Coach JamesFinancial Freedom—Bad Debt and Good Debt

Financial Freedom—5 Strategies to pay off your debts faster

“Your Financial Freedom begins in your MIND.”   Managing and Paying off negative debts are important steps to  financial freedom.  However, if you want to pay off your debts faster, you’ll need a plan.  Here are five tips to get started: 1.  Pay yourself first.  Send money to your saving or investment account first before paying anyone. 2.  Gather all your debts. 3. …

Coach JamesFinancial Freedom—5 Strategies to pay off your debts faster