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

Foundations of Business - Standalone book (MindTap Course List)
4th Edition
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Chapter15: Using Management And Accounting Information
Section: Chapter Questions
Problem 5DQ
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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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