FINANCE
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Lesson 5 - Pay down your debt with your cash flow It ’ s time to reap the rewards of your efforts : tackling your bad debt . In our Freedom from Bad Debt guide , we advised prioritizing the smallest balance regardless of interest rates . That strategy remains key . By focusing on the smallest debt first , you ’ ll achieve quicker victories , swiftly erasing each bad debt with greater success . Now , with this Advanced Guide , you ’ re equipped to confront your debts head-on , leveraging an asset that bolsters your monthly payments . Moreover , you ’ ve acquired an asset . Utilize Your Cash Flow to Eliminate Bad Debt
Lesson 6 – Celebrate and Repeat . If you ’ ve diligently gone through the steps , you will have deserved it . You ’ ll have accomplished what most of the world only dreams about . Celebrate ! If you ’ ve gotten this far , I ’ d wager I don ’ t need to tell you to do it again . Success is addictive . Live your dreams . You ’ re capable .
The statement , ‘ Pay yourself first ,’ comes from George S . Clason ’ s book , ‘ The Richest Man in Babylon ’. Millions of copies have been sold . But while millions of people freely repeat that powerful statement , few follow his advice .