Attacking Debt and Creating Wealth - Episode 30
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Show Notes
Getting out of debt is a great goal but becoming financially independent is how you can truly create wealth. In this episode Curtis talks about the 10-20-70 formula and shares the first steps to creating wealth.
Curtis's motto is that what you learn today and how you position yourself will determine your future financial well-being 5, 10, 20 years from today. To learn more about how to manage your wealth in a practical way, visit www.practicalwealthadvisors.com
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Show Notes
- Is your goal to get out of debt or become financially independent? - 0:59
- The 10-20-70 formula - 1:22
- You have to pay yourself first - 4:01
- How to start your debt elimination program - 6:55
- Understanding there's good debt and bad debt - 8:32
- Why Curtis starts with the smallest debt - 11:15
- Learn how the tax code works - 15:17
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