Debt Free With $100 Per Month

Most people think you need a lot of extra money coming in to pay off their debt. I would like to show you that by getting a monthly profit in your life of $100, you can pay off your debt, including your mortgage, in 7-8 years depending on the amount of debt you have.

First, I want to make sure we are clear on the concept of profit. If your finances are like a bathtub, with drains representing your expenses and faucets, you income, you have two ways to raise the water level. One is to close drains such as cutting out things you no longer need or are providing value for you. The other is to increase the number of faucets or turn existing faucets on higher. The best is a combination of both.

You also need to understand that you need to stop creating more drains.

When your water level rises, that’s profit. With as little as $100 per month, you can use the military concept of strategic concentration to paying off your debt.

Take an inventory of your debt, including the amount, payment and interest rate. By adding the $100 to the easiest paid off debt, you can accelerate its pay off. You then snow ball that payment to the next account. Your mortgage will probably be the last

Starting a home based business can be a very good way to increase the faucet flow into your financial bathtub. To find out if that’s appropriate for you, check out the free CD by Robert Kiyosaki at FreeRKCDForYou.com.