What can I eliminate?

Our country’s leaders are on the verge of approving a debt ceiling plan. Consider developing a debt ceiling of your own. Cutting debt is essential to living a financially free life. Take some time and assess your finances. Ask yourself, “What can I eliminate from my monthly expenses? What can I do without??

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E.I. Tip: Divide Your Paycheck. Ask your company’s HR department to divide each of your paychecks between your savings & checking accounts. Set a specific percentage to automatically deposit into your savings so you’re less tempted to touch it while off work. Also, interest rates are generally higher for savings accounts than they are for checking.

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