How to eliminate debt

Inevitably, before we can help clients build their financial plan, as part of the ground clearance process we need to encourage them to strategically reduce if not eliminate bad debt. This process can seem daunting and sometimes impossible but not tackling it risks disabling any plans to achieve financial freedom. The starting point for us is to instil hope in our clients that intentionality and application do produce what seem like miraculous results. The following video clip, in our opinion, does just that. It’s worth the watch.

In what ways are accumulated debts holding you back? How will the elimination of debt have a positive impact on your life?

Disclaimer: The views expressed in this post are those of the author only and are not necessarily those of I Planning Wealth Management Ltd. All material in this post should be considered as general information only and should in no way be construed as a recommendation of a specific product or course of action. Each circumstance is different and professional advice tailored to your circumstances should be sought from a qualified financial adviser.

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