Budgeting and Debt Elimination Secrets Unveiled

By A.G Grant

This book is a simple guide that will help you with you budget planning and teach you how to:=
- Develop a detailed picture of your financial situation
- Understand the short and long-term impact of your options
- Control your spending habits
- Stop your reliance on credit
- Prioritize your debt and bill payments
- Prepare a Budget Plan
- Prepare debt-management plan
- Achieve your financial goals

• Language: English
• Publisher: A.G Grant
• Release date: Jun 30, 2023
• ISBN: 9798215529898

Book preview

Copyright © 2015

All rights reserved

No part of this book may be reproduced, transmitted in any form without the written authorization of the author.

Disclaimer

While the author of this book made reasonable effort to ensure the accuracy of the information contained herein, the author assumes no liability with respect to losses or damages caused by the blind reliance or misinterpretation and misuse of the information provided.

This book is based on a personal experience and individual results may vary.

Contents

THE BUDGET PLAN

INTRODUCTION

THE RIGHT MINDSET

PLANNING YOUR JOURNEY

DEBT CONSOLIDATION

GOAL SETTING

REWARDS FOR YOUR HARD WORK

EXPENDITURE MANAGEMENT

FOOD

GENERAL HOUSEHOLD CONSUMABLES

TRANSPORTATION

ENTERTAINMENT

HEALTHCARE AND MEDICATION

UTILITY BILLS

CLOTHING AND OTHER EXPENSES

MAKING SOME EXTRA INCOME

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TOOLS

GET MORE FOR LESS ROUND TWO

REVISING YOUR PLAN

FINAL WORDS

THE BUDGET PLAN

Why is it important to prepare a budget and debt management / repayment plan?

I will not be talking much about this, because I believe it is safe to assume that since you have invested time and money in this program, you are already aware and convinced of the importance of preparing a budget and debt repayment plan.

Having a budget that details your income and expenditure will help you maintain control of your finances and, if necessary, help to illustrate the problems you may be having with your creditors. Throughout this book you will discover that a budgeting plan that I will promote is far more detailed and specific than your usual budget planners. Preparing a basic budget will not be sufficient to solve you debt problems. It is however important to start with this basic information like the reality of your current situation.

The debt management plan allows you to work out how much money is left after you pay your highest priority debts each week or month. You will then be in a position to determine how to allocate the money and make affordable payments to your lower priority debts.

The steps I will be guiding you through in this book are very simple but also very detailed. Now you have to appreciate that every situation is unique and you have to be flexible enough to adapt my instructions so that they are more personalized for you.

As you read this book you will notice that I have condensed a great amount of information in the least number of pages. So you may need to read some of the chapters more than once to be sure that you have absorbed all the information presented. As a matter of fact I would recommend that you do not move to the next chapter until you are completely confident that you understand what the intent is and are able to apply the steps discussed in the chapter you are reading.

I will use my situation as an example throughout this book, after all, the reason I wrote this book is because I managed to get back on my feet after I was about to drown in debt. I tried several avenues, none did me any good so I sat and developed the system I am going to tell you about in this book, of course I did rely on various other self-help programs, also being a life coach I decided to use my training on myself and developed a program that freed me from debt and put me back on the right financial track.

After I climbed out of the hole, few of my friends became interested in how I achieved this so quickly, and after telling them about my strategy they became interested more and more in the details, and so I realized that this could benefit many other people who are struggling with staying on top of their bills and debts. And so this book was conceived.

So get ready to start an exciting journey towards taking control over your finances, ridding yourself from debt and start enjoying all that life has to offer.

INTRODUCTION

In this chapter I want to talk a little about myself and tell you my story, how I came to develop this course and why I think this course might help you in the same way it help me overcome my own financial problems.

I was always careless when