[Reading by email? Click here to see the video!]
Back on video… whoo-hoo!
For the past few years, if you’d of asked me what the first step in getting out of debt or attacking your finances was… I would have replied, “Recognize that you have a problem”.
Bor-ing! And sort of lame.
Not that it’s not true. Recognizing a problem exists (on whatever level) *is* one of the most important steps, but I no longer consider it to be the first step (or the most important step).
Instead, I’ve realized that there is a much more important component and one that I believe is far better to start with. I’d tell you here… but then you’d have no reason to watch the video!
Compelling breakdown of the video:
- [0:00] – Excited to be back on video, introduction to the topic at hand!
- [0:55] – My old, safe, lazy response when asked what the first step in paying off debt is.
- [1:20] – My big issue with my old answer and why I’ve come to realize it’s flawed.
- [2:10] – The new, more powerful first step when attacking finances.
- [2:55] – The ability for specific, passionate goals to help pull you through the slip-ups.
- [3:40] – Courtney and I have gotten lazy in our finances & what we plan to do about it!
- [5:00] – Call to action: Take the first step to start the offensive in your financial life.
- [5:30] – Nobody gets out of debt because it’s “good for them to do”. Get specific.
What do you think? What is the first step someone should take when attacking their finances? What worked for you? What failed?
Let me know!