Saturday, June 10, 2006

Debt Free Lifestyle

Last Friday I attended a seminar / talk by Dr. Andrew Liuson. He talked about having a Debt Free Lifestyle. I am sharing what I got from that seminar. You may or may not agree with what he said.

10 Commandments towards a Debt Free Lifestyle

A- dminister

B - udgeting not impulse buying

C - ut credit card, don't leave home with it

D - ebt pay off ASAP

E - nvelopes of cash

F - amily planning

G - rateful

H - ardwork not easy money

I - nvest for the future not just for now

10 - 20 - 70 not 0 - 0 - 100 (tithe - savings - spending)