IF YES = 1POINT
IF NO = 0 POINTS
Do you have?
CREDIT CARD DEBT? _________
CAR PAYMENT? ______________
SECOND CAR PAYMENT? _____
SCHOOL LOAN? ______________
PERSONAL LOAN?____________
401k LOAN?__________________
ADD ’EM UP ___________
THE GOAL IS ZERO. HOW’D YOU DO?
Zero loans. Most have a mortgage. If you have these things you should not be investing in a 401(k) so that you can be paying off all of this stuff. AND all of this stuff needs to be paid off AS QUICKLY AS POSSIBLE so that you can be investing in your work 401k or IRA for your retirement.
POP QUIZ #2. (rough day)
YES =1 point
NO = 0 points
Do you have?
An emergency fund? _____
A budget on paper? ______
Term Life Insurance?______
A Will? ________
ADD ‘EM UP ___________
THE GOAL IS FOUR! PERFECT SCORE!!!
If you do not have an emergency fund - what happens when you have a true emergency? CREDIT CARD?? That is NOT an emergency card...😐 The cost is too high.
How do you know how much you are spending if you have no budget?
GET REAL. GET SERIOUS.
CALL OR EMAIL FINANCIAL PACEMAKER COACHING FOR HELP. WE’LL PACE YOU ALONG. 901-399-4241
