Financial Rescue | Debt Settlement
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Last updated 1 week ago
Congratulations, you're now debt-free! What's next? 1. Get serious about getting an emergency fund. It'll help you to prevent future debts. 2. Save extra money for a major purchase like house, car or education. There is always something you've dreamt of to buy but couldn't. Now it's the best time! 3. Start saving for retirement - no matter how old you are. Earlier you'll start more you'll save.
Spend money to grow in your career by going to conferences, taking courses, reading books, or something else specific to your job. It may feel like you don’t want to spend the money on something like this, but if it pushes you outside your comfort zone and causes you to advance in your career, it’s usually worth the money.
At the beginning of the month, make a plan for how you will spend your money that month. Write what you think you will earn and spend. Write down what you spend, and at the end of the month, see if you spent what you planned. Use the information to help you plan the next month's budget.