Introduction
A bird's eye view of getting out of debt
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Important accompanying worksheets
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1. Steps to Building Sustainable Wealth
The multistep overview of how to build sustainable wealth
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Protect what you have and own
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Saving to bring a return on your money and build liquidity
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Setting up your savings to make money for you
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Excel by eliminating debt and building equity
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Investment can be a risk to your living wages
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2. The 10-20-70 Rule
The purpose of the 10-20-70 rule
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Putting 10% of your income to savings
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Alloting 20% of your bracketed income to creditors
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Choosing 70% of your living wages to go toward living expenses
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Alternative ways to break up your income
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3. Analyzing and Prioritizing Your Debts
The differences between good and bad debt
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Excel by investing in life insurance
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4. Paying Off Your Bad Debt
Downloading and using your debt worksheet
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Using your 10-20-70 worksheet
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More information on the 10-20-70 worksheet
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Snowball vs. avalanche debt payoff strategies
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Using the perpetual wealth code method to excel
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Considering the use of the emotional component
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Developing a month-to-month system
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Making sure you are protected
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Excel by building out your emergency fund
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Tips for debt restructuring
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5. Real-Life Examples
The blueprint for paying off debt
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Money manager account information
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Freeing up more of your cash flow
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Managing more of your debts for ultimate payoff
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Paying off student debt
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How to use this blueprint to be most effective
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6. Getting Out of Debt Demonstrates Discipline
Save more money and build equity
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Should you use credit cards?
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Excel by investing your money wisely
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Conclusion
Taking your next steps
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Ex_Files_Build_Sustainable_Wealth_and_Get_Out_of_Debt.zip
(22 KB)