Take the Pledge

Take the pledge and commit a daily debt defying act till your debt is gone.

1. Evaluate every purchase. Is it a want or a need? If it’s a need, ask yourself, how much do I need and when do I need it. If it’s a want, postpone it until your cash flow can easily meet your needs.

2. Seek independent advice. Get second opinions. Ask for quotes. Never bank alone.

3. Try saving even if it’s only a tiny bit at a time. The more you save now, the less you need to save later. It’s not about the amount, it’s about the commitment.

4. Resist reward. Sometimes the best efforts to save are undone by a moment of weakness. Stay strong.

5. Avoid envy. Protect yourself from the culture of excess.

6. Maintain what you’ve got. Your home, your car, your assets, yourself. Neglect is a form of debt.

7. Be fearless and think big. You’re going to need to believe in yourself.

4 thoughts on “Take the Pledge

  1. Pingback: Act 83 | 365 Debt Defying Acts

  2. Read your G&M story this morning… it was very strange indeed reading about us to that degree of accuracy. Only the names and places seemed to have been changed.

    Thank you for the encouragement!

    • Thanks John. I think that shame is a characteristic of debt as a “product” that banks and cu’s sell to us. But it stands to reason that if banks are making record profits and CDNs have record debts, that we’re all in this together – so we have to work together to get out. And small steps really do matter. Cheers. I appreciate you getting in touch.

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