Happy New Year! 2012 is here in two days! How’s your financial plan look? Do you have one? We all have the vague thing we would like to do, sit down and right it out. Then break it down to what you can do monthly.
The biggest thing most of us need to do is pay off debt. Pay off every type of debt including credit cards, car loans, student loans, and home loans. Get rid of them all! Debt is a cancer that is eating up our society. The more we use it the faster it will destroy us. The number one reason for suicide in America is financial problems.
I did some limited research during the housing melt down and found that only houses with mortgages were foreclosed on. Just stop and dream for a second. What could you do with all that money that is going out to your car loan and you home loan?
This year make it a goal to pay off your debt. If you want more information on how check out my favorite financial counselor and radio host, Dave Ramsey.