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Step 2  to Financial Freedom

Pay off all Debt/Bills

  • excluding the house mortgage (payment)

 

Use the debt “Snowball” approach

  • Pay off the smallest bill/debt first and work your way upward on debt balances

  • Bills you owe

    • Car loans

    • Student loans

    • Credit Cards - outstanding balances

 

Living “Beyond” - Debt/bills can build up in a hurry!  

Step 2 Explained

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