nd a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way yo

What is your debt solution? Is it cut up all your credit cards? Lock yourself in a room? Get counseling? What will it take to stop you from spending every penny you have plus a little bit more? Of course there are many answers and depending on your situation some will work okay and some will work great. Lets have a look.

The ultimate debt solution is a very simple concept of spending less than you make. That is it, no flashing lights, no rock band just the fact of you keep more money that you give away. Possibly for you at this time in your life it is the equivalent to climbing Mount Everest. While I have not climbed Mount Everest yet and its not on my to-do list, I know from talking to people that did do it, getting to the top requires some training and discipline.

The training to becoming financially stable is easy. I gave you all you really need to know, spend less than you make. The discipline is what I find some of us lack. Let’s tackle the easy one first. Have you heard the tip of paying yourself first? It is where you take 10% of you paycheck and deposit it into an account for your financial freedom. As most of us spend 110% of our paychecks this can seem impossible, but it is very possible in fact it can by done by everyone. Do you remember a time in your life when you earned less money than you do now? Did you survive? Well you can again, let’s face facts if you don’t provide for your financial future you better hope your parents will. Ow, you don’t think they are going to? Neither do I, as the biggest trend in inheritance is to skip a generation or even worse give it all to a charity. For many people their parents are their retirement plan and for most of us that is not going to happen.

If you take 10% of you paycheck and invest it into something that will grow over time this magical thing called compound interest will take care of you in your golden years. The sooner you start the better it will take care of you.

Now the hard part, discipline. Do you like the carrot or the stick approach? Well let us try the carrot. Work out a system where if you save your 10% for six months the seventh month you take that month’s money and go on a weekend getaway. Keep doing that for 20-30 years and you will have seen every local site in your area, had a great time and retire rich. Now for the stick approach, go to a large city and visit the local Salvation Army store, buy some clothing. Get an entire outfit for under $20 and then spend a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way you

imbed Mount Everest yet and its not on my to-do list, I know from talking to people that did do it, getting to the top requires some training and discipline.

The training to becoming financially stable is easy. I gave you all you really need to know, spend less than you make. The discipline is what I find some of us lack. Let’s tackle the easy one first. Have you heard the tip of paying yourself first? It is where you take 10% of you paycheck and deposit it into an account for your financial freedom. As most of us spend 110% of our paychecks this can seem impossible, but it is very possible in fact it can by done by everyone. Do you remember a time in your life when you earned less money than you do now? Did you survive? Well you can again, let’s face facts if you don’t provide for your financial future you better hope your parents will. Ow, you don’t think they are going to? Neither do I, as the biggest trend in inheritance is to skip a generation or even worse give it all to a charity. For many people their parents are their retirement plan and for most of us that is not going to happen.

If you take 10% of you paycheck and invest it into something that will grow over time this magical thing called compound interest will take care of you in your golden years. The sooner you start the better it will take care of you.

Now the hard part, discipline. Do you like the carrot or the stick approach? Well let us try the carrot. Work out a system where if you save your 10% for six months the seventh month you take that month’s money and go on a weekend getaway. Keep doing that for 20-30 years and you will have seen every local site in your area, had a great time and retire rich. Now for the stick approach, go to a large city and visit the local Salvation Army store, buy some clothing. Get an entire outfit for under $20 and then spend a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way yo

e by everyone. Do you remember a time in your life when you earned less money than you do now? Did you survive? Well you can again, let’s face facts if you don’t provide for your financial future you better hope your parents will. Ow, you don’t think they are going to? Neither do I, as the biggest trend in inheritance is to skip a generation or even worse give it all to a charity. For many people their parents are their retirement plan and for most of us that is not going to happen.

If you take 10% of you paycheck and invest it into something that will grow over time this magical thing called compound interest will take care of you in your golden years. The sooner you start the better it will take care of you.

Now the hard part, discipline. Do you like the carrot or the stick approach? Well let us try the carrot. Work out a system where if you save your 10% for six months the seventh month you take that month’s money and go on a weekend getaway. Keep doing that for 20-30 years and you will have seen every local site in your area, had a great time and retire rich. Now for the stick approach, go to a large city and visit the local Salvation Army store, buy some clothing. Get an entire outfit for under $20 and then spend a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way yo

will take care of you in your golden years. The sooner you start the better it will take care of you.

Now the hard part, discipline. Do you like the carrot or the stick approach? Well let us try the carrot. Work out a system where if you save your 10% for six months the seventh month you take that month’s money and go on a weekend getaway. Keep doing that for 20-30 years and you will have seen every local site in your area, had a great time and retire rich. Now for the stick approach, go to a large city and visit the local Salvation Army store, buy some clothing. Get an entire outfit for under $20 and then spend a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way yo

nd a couple of days living on the streets. Go eat at soup kitchens and sleep in the alley. If you do not enjoy doing that, think about it every time you reach for your credit card to buy something you really don’t need. You can remember your nights on the street being homeless. As if you spend like most people you have a good chance of ending up broke, homeless and on the street.

The point is that you need to make the conscious decision to reach your retirement years with enough money to live comfortably or better. Use the carrot and the stick approach to get better saving habits and spending habits. That way you can be the one donating money to the poor instead of being the one asking for the money. Be smart, be wealthy.