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Showing posts with the label Debt management

How To Reduce Your Personal Debt: Rich Dad's Cash Flow Quadrant?

How To Reduce Your Personal Debt:  Rich Dad's Cash Flow Quadrant? For reducing and eliminating you were personal loan I had given some tips below:- Tip # 1 If you have credit card with outstanding balance, then discipline yourself to use only one or two credit cards and any new payments must be paid off.                 And do not incur anymore long time debt. Tip#2 Come up with $150 - $200 extra month. Now that you are becoming more financially literate and this should be relatively easy to do.                        If you cannot generate an additional $150-$200 per month then your goal for financial freedom may become your dream. Tip#3 Apply the additional $150-$200 to your monthly payment of only one of your credit cards.                        Now you had to pay the minimum + $150-$200 on that one credi...