Over the last few weeks I’ve been slowly reading through The Millionaire Maker: Act, Think, and Make Money the Way the Wealthy Do by Loral Langemeier (Amazon Link). In a nutshell, she outlines practical steps that people can take to create a wealth building system by using the skills they already have. She uses real life examples of people she has worked with to help them build wealth.
One of the things that I thought of as I read through it was people in debt. Bad debt can take control of people in a bad way and make them feel as if there is nothing they can do to create wealth and pay-off the debt at the same time. But, this was covered in the “Debt Management” chapter of the book and she went on to show that it is possible.
She outlined techniques that can be implemented to get rid of bad debt quicker but before you start down this road, you have to take stock of your debt situation. One of the major forms of debt that people have is credit card debt and this simple calculator may help you in seeing where you stand and how long it will take to pay it off.
I will be writing a review of The Millionaire Maker but if Financial Freedom is a goal you want to reach, take action, get a copy today and make it happen!