004 MPSOS – 5 Things If You Are Falling Behind

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Discussed in this episode:

  • FIVE THINGS THAN NEED TO BE IN PLACE BEFORE EVEN CONSIDERING PAYING OFF DEBT OF SAVING FOR THE FUTURE:
  1. Get on the same page with your spouse or accountability partner
  2. Commit to never borrow money again.  No more debt
  3. Prepare a written budget or spending plan
  4. TEMPORARILY stop saving money
  5. Get CURRENT on the necessities and bills/payments
  • HOLLA FROM THE IMPALA: Be like Bernard
  • WHAT I BELIEVE.  WHAT DO YOU BELIEVE?


3 comments
Alex Humphrey
Alex Humphrey

I really enjoy your blogs and your podcasts

Steve Stewart
Steve Stewart

Thanks Alex! It's great to hear from you. How's your money?

Alex Humphrey
Alex Humphrey

My money is great thanks to the Dave Ramsey plan! Back in December of '08 I finally started investigating this Dave Ramsey fellow and immidiately fell in love with his plan! And in October of 2010, I paid of my last debt! I am now living debt free, I got a very nice raise during the recession, and because of my ability to save I am confidently working towards becoming a full time blogger! To top it all off, I am getting married in April and I have the peace of mind to know that neither of us are going to bring debt into the this marriage! Our plan is to live our life together completely debt free! Even our house!