Pay Yourself First
Most often, when you hear the term "Pay Yourself First", its referring to putting money in your savings account first before paying your bills.
I like this different spin on pay yourself first - paying off your debt first. Make your extra payment on debt first so don't risk spending that money on other things you can't really afford.
Once you get all that debt paid off, now you can start putting all those debt payments towards savings and retirement accounts. Imagine saving money for a "new" car every month. Then when you need the "new" car, you have the money saved already and no more car loans?
Do the math. How much more will you be able to actually save monthly after paying off all your debt?
Get out of debt and stay out of debt. This is financial freedom. If you are not sure where to start, I can help.
You can master your money... and I can help!
Contact Michelle Serna by filling out the Contact Me form.
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