Many people prefer to go the ostrich route when it comes to managing their finances. They’d rather pretend to ignore obvious loopholes instead of addressing them. Does this sound like you? It’s a dangerous game to play. One substantial finance related difficulty can leave you in ruins. Here are some effective tips for getting your financial life in shape. Have a Proper Budget You need to track your income and expenses effectively. Regardless of your
A version of this post first appeared on The Huffington Post. Let me warn you ahead of time. This is not an I paid off six-figures of debt within a year post. It’s a play-by-play of how I was able to transition from someone who felt like I couldn’t possibly make more than the minimum payment on my student loan to someone who paid it off relatively quickly. A transformation from, “Help me, I’m poor.”
Updated May 3, 2017 A few years ago, I was successful at zero sum budgeting for the first time, and it helped me pay off my student loan. I was inspired to pay off my student loan because I wanted to pursue a dream of running my own business full-time. Doing that with student debt wasn’t something I wanted to do. I had tried budgeting before but was never able to stick to the process.