Grab a cup of coffee, sit down with a pen and paper, and write out why you want to achieve financial freedom. You don’t have to pen the next great economic masterpiece – it can be really simple.
Here is a simple mindset shift that helped me learn to love budgeting: budgeting is nothing more than making my spending align with what I truly value.
If you’re just getting started with getting your finances under control, I recommend you scrimp, save, borrow, and steal (ok don’t borrow or steal) to put $1000 into an emergency fund.
The first 4 steps were all about breaking the consumer debt cycle so you aren’t constantly financing your lifestyle with high interest credit card debt. Now you can start attacking the debt balances and make a plan to pay them off.