from the six ways pick one that you can do right now to start be debt-free.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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There are ways on how we can survive of debt to financial freedom; from the six ways pick one that you can do right now to start be debt-free.
IF YOU LOST YOUR JOB TODAY, HOW LONG 1. Increase cash-flow. Reduce
WOULD YOU SURVIVE?
DEBT
DESTROYERS
Expense, and Increase Income.
2. Don't get into more debt. Live
below your means. Live simply.
3. Change habit of spending to
habit of saving.
of debt to financial 4. Make a list of all debts, and pay
Rise from quagmire
freedom!
off the high interest, and low
balance,
5. Consider liquidating non
AY & A Y
REWI AND FEY SANTA
income assets to pay debts.
6. Get a coach to guide you!
Transcribed Image Text:IF YOU LOST YOUR JOB TODAY, HOW LONG 1. Increase cash-flow. Reduce WOULD YOU SURVIVE? DEBT DESTROYERS Expense, and Increase Income. 2. Don't get into more debt. Live below your means. Live simply. 3. Change habit of spending to habit of saving. of debt to financial 4. Make a list of all debts, and pay Rise from quagmire freedom! off the high interest, and low balance, 5. Consider liquidating non AY & A Y REWI AND FEY SANTA income assets to pay debts. 6. Get a coach to guide you!
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