Understand debt elimination

Understand debt elimination

Brett Kelly Brett Kelly

Brett Kelly

Husband and Father. Chairman and CEO, Kelly+Partners Group Holdings Ltd (ASX:KPG)

发布日期: 2018年1月15日
+ 关注

Do you have a summary of everything you owe to anyone: the applicable total cost of each loan or form of finance, whether it is tax deductible, which to pay off first, how and when these steps might occur and the value of these steps?

Most people don’t. Debt is a killer: either it gets you or you eliminate it from your life! Hence the saying, “Kill or be killed”.

The best way to manage something is to write it down, measure it, set goals and monitor progress against these goals.

Questions

Ask yourself:

  • Can you make a plan with me about how to eliminate my debt?
  • Can you assist me in this task once I have all the paperwork together?
  • Can you assist me to better structure my current debts for lower cost and swifter repayment?

This article was taken from the book 'Your Money, Your Choice', written by Brett Kelly. For more information on Brett, please visit his website: www.brettkelly.com.au

要查看或添加评论，请登录

Brett Kelly的更多文章

  • VISION and DISCIPLES
    2020年4月6日

    VISION and DISCIPLES

    In life and in business, we always tend to talk about the success of individuals, yet we forget that none made a huge…

    3 条评论
  • How well do YOU deal with people?
    2020年4月4日

    How well do YOU deal with people?

    Now you see, people skills are overlooked both in education and in business. When you’re putting together a successful…

    3 条评论
  • Stimulus or buying time?
    2020年3月30日

    Stimulus or buying time?

    For many businesses the federal and state government stimulus packages will turn out to be nothing other than putting…

  • 7 ways to improve CASHFLOW in a CRISIS
    2020年3月30日

    7 ways to improve CASHFLOW in a CRISIS

    No one could have predicted how detrimental and fast the current circumstances have crept up on Australian individuals…

  • Going from GOOD TO GREAT in a crisis
    2020年3月29日

    Going from GOOD TO GREAT in a crisis

    Since the inception of Kelly Partners in 2006 I have required every one of our team members to read one book as part of…

    1 条评论
  • Networking is for computers.
    2020年3月17日

    Networking is for computers.

    Coronavirus aside, the biggest problem in the world at the moment is that people are treating things like people, and…

    1 条评论
  • Priorities. Actions. Dreams Achieved.
    2020年3月10日

    Priorities. Actions. Dreams Achieved.

    “Dreams don't come true accidentally, they come true because somebody scheduled them.” You’ve no doubt heard me go on…

    2 条评论
  • Leadership is a reflection of yourself.
    2020年3月5日

    Leadership is a reflection of yourself.

    Almost 100% of the profits of any business are 100% related to the quality of the leadership. It's not the doing, it's…

    2 条评论
  • We are ALL CREATIVE
    2020年3月2日

    We are ALL CREATIVE

    You don’t have to wear a black turtleneck and jeans to be creative. I acknowledge that it might not seem like the CEO…

    1 条评论
  • Is Gary Vee full of it?
    2020年2月24日

    Is Gary Vee full of it?

    Is social media real? When I started Kelly+Partners Chartered Accountants, in 2006, it was a genuine startup. I started…

    1 条评论

社区洞察

其他会员也浏览了