Preview Mode Links will not work in preview mode

Money Plan SOS


The no-debt approach to living a full life in a country addicted to credit cards, car loans, and an unrealized bondage to “building a good credit score”.

This show will make you think differently about the way we handle money - while also encouraging you to save and spend wisely.

This feed offers the 200 public releases of the Money Plan SOS podcast, plus bonus recordings never heard before on Apple Podcasts, Spotify or Google.

Enjoy! And pay attention - not interest!

The Money Plan SOS podcast was retired in December 2015, the month Steve and his wife paid off their mortgage!

Jan 8, 2011

#4: There are 5 things that need to be in place before paying off debt and saving for the future:

  1. Get on the same page with your spouse or accountability partner
  2. Commit to never borrow money again.  No more debt
  3. Prepare a written budget or spending plan
  4. TEMPORARILY stop saving money
  5. Get CURRENT on the necessities and bills/payments

For more information, visit the show notes at https://moneyplansos.com/004-mpsos-if-you-are-falling-behind/