Darren Gaudry| Quick List of Debt-Busting Ideas

The Darren Gaudry Debt-Busting Idea List

So, many of you have been emailing me about eliminating debt and building wealth. I was sitting here thinking about all the ways we waste money and thought I just throw it here for all of you to review.

List of Debt-Busters from Darren Gaudry

1. Get Basic Cable
2. Buy a Internet Plan from Your Cell Phone Company
3. Eliminate 'movie night" and have a 'book night" at home
4. Have a pot-luck dinner party at your home
5. Un-plug all electrical items in rooms you don't use - un-plug extra phones; unplug unused lamps, etc.
6. Brown bag it for lunch
7. Perform some Mani-pedis at home
8. Grocery shop in bulk when you can
9. Wash clothes at night when electricity rates are lower
10. Turn lights and television off at night; many people sleep with the TV going all night and drives up electric bills

So, that's just a start at the Darren Gaudry Debt-buster list; but all the money saved can be applied to paying off debt and then, once paid off, all that extra money can go towards building your wealth.

If you haven't read my previous posts review them now;

Darren Gaudry Debt Busting Plans
Darren Gaudry Wealth-Buster and Debt-Busting Guru
Darren Gaudry | Are You Motivated to Build Wealth?
Darren Gaudry Wealth Building Tips

Darren Gaudry Debt-Busting Plans

Darren Gaudry Says "Separate Debt Guilt from Shame"

Many people are ashamed of their debt and simply hide it. They never cut down on spending and never face the music. Stop Spending, eliminate the debt and then build your wealth.

So I received a letter yesterday that I want to share --

"Dear Darren Gaudry"

Right out of college , my wife and I both landed fairly decent jobs. Newly married and living a single life, we didn't quite watch our spending habits like we should have. Using the credit card to pay for groceries, gas, utility bills and restaurants, we now owe more than $10,000 to XXX XXX bank.

Looking down the road, we're focused on paying off debt and building a savings, but it seems like no matter what we do, we're still drowning in bills. How do build enough wealth to pay off everything and live comfortably?

Sincerely,

Jonathan


My first advice is to look at where your money is going. Are you really spending your money on necessary items? Cut the cable bill. Slash that grocery bill. Stop the eating out for a while. There are many things you can do. Save money by diminishing your expenses, and place that extra savings towards debt.

If you haven't seen my last posts, go ahead and read up.

1. Darren Gaudry
2. Darren Gaudry
3. Darren Gaudry

And, check out my Youtube Videos

Darren Gaudry Wealth-Builder also Darren Gaudry Debt-Buster

Darren Gaudry Talks Debt-Busting Today

I  receive many inquiries into wealth building, but I also receive an abundance of emails regarding debt. "Dear Darren Gaudry...I want...I need...wealth...I need to pay off...credit cards...high mortgage..."

Far too many people list money and wealth as their ultimate goal yet they are swimming in debt. I began thinking of this so much that I decided to go back to phase I because, what good is making money if you remain broke all the time?

Debt is an enemy. A guy wrote me the other day, "Dear Darren Gaudry, I'm interested in learning how to build wealth so I can pay off my student loans, car loan." People live like kings but have no cushion, no savings, yet they continue to spend. If you don't take hold on it and let it know who's boss, it will overwhelm your life. It becomes a weighted rope around your neck, pulling you deeper into a hole. People like to define in a bunch of different ways but let's define it for what it really is. Debt is spending more of your money than saving it. You spend what you don't have.

It's not all your fault -- businesses have created an environment where they make credit available, at any cost. Even when you can't afford it, you can still buy it. For those of you experiencing this, things must change here and now.

Wealth-Building includes being financially fit so I'm starting on a new journey, from the beginning with banishing Debt.

Join the Darren Gaudry band wagon!


And if you haven't seen my last posts, have a look

1. Darren Gaudry
2. Darren Gaudry

Darren Gaudry Wealth Building: Part 1

Darren Gaudry Shows You How to Step away from the Status-quo

One of the main things that hold back a person from building wealth is changing their current situation. Following the status-quo can be fatal to prosperity efforts.  

Wealth building takes courage and to think in new ways. Today, too many people are sticking to "this is how we've always done it" mentality, but death can be a wealth building strategy. 

If you want to increase revenue, then think outside the box. Do not continue what your parents did - unless they are multi-millionaires. Even if they are, take their wealth building strategy and improve and build upon it; integrate with your own wealth building techniques in their plan for a better way to make money. 

Remember, the world has consistently improved over the decades, because someone had a good idea on how to make a better mousetrap. It's the same with making money. 

So, what’s your next move?