Going into the holiday season can be a stressful time for people financially. From my snapshot this month, you’ll see that I’m making progress on Capital One, but with the holidays approaching, I may have to use my card. If you have to use a card in this season then use the one you have the most room on, and don’t use the one you’ve made the most progress in reducing. If you must use your credit card to buy gifts for the holidays, then that’s ok. Just don’t buy gifts that you can’t pay off within the next year. Next year set aside money just for this season. Even if it’s just five dollars per day, week, or month, you will spend less on those holiday gifts next year. This month, I had the opportunity to meet my wife’s grandfather. Unfortunately, he’s in a retirement facility, and seeing the other residents, I honestly got a little depressed. After going on this trip, I’m going to help my parents retire and live their final days where they want to live them. At the end of your life, I hope you have the retirement that you want. Money isn’t everything, but it facilitates a style of life. Build your wealth to last generations. It begins by having a budget, not having too much consumer debt or any consumer debt, and having assets that generate passive income.
If you want to learn more about how I’m increasing my income, while reducing debt or if you want to have someone to discuss your debt reduction strategy with, or if you need a financial check-up, contact me.
Also, learn more about how I use the self-lending principle through Mustard Seed in the mustard seed section.
“The LORD will send rain at the proper time from his rich treasury in the heavens and will bless all the work you do. You will lend to many nations, but you will never need to borrow from them.”
Deuteronomy 28:12 NLT
I believe in your journey to….
A Debt Free Me
Here’s this month’s video: 10 Minutes To Start Your Day Positively |START YOUR DAY RIGHT | MORNING MOTIVATION | 2018 MOTIVATION from the Be Inspired – Daily Motivation YouTube channel.