Emergency Fund
How to make income?
Get a Job
What attitude should you have towards your debt?
Get out and stay out
How do you start?
You save.
How should I start?
Save extra money.
What goal is this?
The ULTIMATE goal.
What to do with extra money?
Extra money goes to emergency fund.
What if I'm already debt-free?
Avoid debt at all costs.
Cheap car v expensive, dream car?
Cheap
How should I pay for college?
With cash, not through student loans
What should you do with extra money?
Give back to the community
How long should this take?
As fast as possible.
What is the debt snowball?
How to pay off debt.
What if I really want the expensive car?
Buy the cheap first in order to save for the expensive car.
How can I save money for college?
Job, scholarships
Charities, church, shelters
Why do we need this?
Emergencies will happen.
Why should I pay off my debt?
In order to grow your net worth.
Why can't I take out a loan or a lease for the car?
It will put you into more debt.
What should be the mindset?
To work hard
What is one way to build wealth?
Save, not spending, paying cash, staying out of debt, investing
Move on
How to tackle debt?
Start with small, move toward bigger.
Why is paying for a cheap car with cash the better option?
Because you will own the car quicker so you can make more money and avoid debt.
After highschool, what if i still can't afford my dream school?
Take a gap year to save, go to community college, join the military
According to the Bible, how much money should you give?
10% in tithings