Walking the Millionaire's Path: Step #4 - Use The Difference To Pay Off Debts And Invest

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Our Path

My wife and I are on a path toward financial freedom which will inevitably lead to us becoming millionaires.

We are following a simple plan which we have devised for ourselves after doing research on the subject. We believe that simple plans provide the best chance of success. Simple does not mean easy.

Our Plan

1. Know where you are and where your money is going.
2. Spend less money.
3. Make more money.
4. Use the difference to pay off debts and invest.
5. Keep doing it.

Thursday, June 8, 2006

Step #4 - Use The Difference To Pay Off Debts And Invest

Not necessarily at the same time although that's possible too. For us, we are building up our savings to a set amount which we should meet by the end of summer. We are only setting aside a small amount of the extra money for this endeavor. There are some people that advocate putting all the extra... Sign in to see full entry.

Posted by: SuccessWarrior at 12:11 PM Your Two Cents (0) (permalink)

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