4 Steps to our Financial coaching.
1. A Complimentary Financial Analysis
2. Help you Create a Game plan
3.Put the plan into action
4.Annual Review
The Third Step to Debt freedom
My family was planning a trip, and it was going to take 24 hours to drive to get to our destination. I sat down with a physical map, google maps and search engine, to pick the roads we would drive and places we would stop. Once we had the plan, we gave lots of freedom to adapt as circumstances changed. Like I should not have got that big drink at lunch.
The same is true in gaining freedom from your debt. It would help if you had a plan. It is crazy people spend more time planning a vacation than they do on retirement or finding debt freedom.
(Check out the first two steps here)
However, if you spend just a little bit of time, we can create a plan together that will get you debt-free.
Do you have a plan? When was the last time you looked at that plan? Have you gotten sidetrack from your destination? Do you want fresh eyes to help. This is where a financial coach can help?
You see, a plan tells your money what to do, instead of it telling you what to do. What option do you want?
To help you in creating a plan here is a free budget tracker and tool.
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Let’s meet for a free 60 min zoom coaching call, and I can share how I can help, and we can do a free financial analysis.
The Second Step to Debt freedom
Last time, we talked about the first step to debt freedom. You can read it here.
My girls and I were out for a Hike, and we were following the path and trail makers. However, at some point, I said, you know it feels like we are going in the wrong direction. It had been some time since I looked at the map. So I brought up an app on my phone with the GPS, and sure enough, we had taken a side trail. It took a few minutes to get our bearings and figure out what direction we need to go in. We backtracked and found where we should have gone left instead of right.
When we found out we were not where we wanted to be; we had to assess just where we were and where we wanted to be. The same is true in our finances.
The second step to find debt freedom is to find out where you are and where you want to go.
The advantage of working with me is, each person we take a financial analysis. The goal is finding out your dreams and goals and just where the money is going. It helps give a reset in direction. Then based on what you want, suggest a path forward.
You can not get out of your debt until you choose to and take an analysis of just where you are at. Just like when I was hiking, we had to figure out where we wanted to go and where we were.
Taking the time to write out those details can be a significant step on the path to debt freedom.
The First step to debt freedom
Debt makes you a slave. Are you ready to break free from Debit?
The first step if you want to get out of Debit is to choose to. So much of our life is about choices.
Even in 2020, with COVID in Canada, the debt load went down a little. However, on average, Canadians are still spending $1.50 to 1.70 for every $1 of disposal income.
When you choose to get out of debt, great things can happen. This is where I can help with an Expert Financial Analysis. In a part of that report, we talk about debt and how to say goodby.
Let’s say you have a $3,000 dollar debt payment each month. We can present a plan to find debt freedom. But it does not stop there. After you conquer that debt, you take that $3,000 a month and invest it for just eight years at 8%. You have the possibility of saving just over $399,000.
This is not possible without first deciding you want to do this.
To help you along the way, download this free budget tracker and planner.