Have you lived with debt for many years? We know it can be a drag. It often feels that’s how life is going to be for a while – just paying off bill after bill without end in sight. Fortunately, it’s just a feeling, not reality! The secret in plain sight is that it can be changed. . It’s not something you’re doomed to live with forever. It is possible to break free, and start living debt free again.
We are here to help you get started. Don’t just chip away at your debt – relieve it permanently! A carefree, stable, and debt-free life is waiting for you. Here are the steps you can take to make it happen:
The Kick-Ass Saving Strategy
The change must start within – and that’s your own thinking. Having a successful saving strategy is all about having a change in mentality: switching from a mindset that’s used to living in debt to one that is focused on earning more, avoiding debt, paying it off, and not making the existing debt situation worse.
For example, instead of fixating on your debt, switch your focus to creating more avenues of income and increasing your cash flow. This allows you to start saving, which helps to open more options that did not exist before.
Make a Plan – and Stick to It
The best plan is a simple one. The SAFE method is a foolproof way of approaching your new savings strategy:
S is for systematic. Save an amount you can set aside without putting extra thought into it. Like $100 a month or $50 a week, whatever is reasonable to your unique situation.
A is for automatic. This is the important part! Set up an automatic deduction, so you don’t have to think about doing it at regular intervals.
F is for forgettable. Making it automatic makes this part easy. When an automatic withdrawal and deduction is set up, all you have to do is forget it’s even happening – this way, you won’t be tempted to touch it or spend it on something else.
E is for enough. Is the amount significant enough to make a change? 10% of your income is usually a good guide.
Now, keep it up!
Making your plan as simple and effortless as possible is key. All you have to do is sit back and watch it work for you! Before you know it, your savings account will be building up month after month.
Those curve balls life throws at you will become nothing to sweat about. You will have a cushion to meet those challenges, without destabilizing your life. Most importantly, you won’t have to go into debt or incur huge interest rates.
Improving your credit, cash flow, and net worth at the same time will allow you to quickly get into a better place financially. Any improvement in one area will greatly impact the other two.
The best part is: you won’t have to do this alone. We are credit repair specialists who can help get your finances in order quickly and painlessly. You can live debt free and carefree – call us now to help you get there!