1 / 9

The Four Laws of Debt Free Prosperity

The Four Laws of Debt Free Prosperity. By: Alyssa Petersen . Tracking - the first law of debt-free prosperity. You have to measure it before you can manage it. When performance is measured, it improves. . law # 1. Targeting - the second law of debt-free prosperity.

thi
Download Presentation

The Four Laws of Debt Free Prosperity

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Four Lawsof Debt Free Prosperity By: Alyssa Petersen

  2. Tracking- the first law of debt-free prosperity. You have to measure it before you can manage it. When performance is measured, it improves. law # 1

  3. Targeting- the second law of debt-free prosperity. • Setting goals gives you direction in obtaining your financial targets. • Goals must be: • Written • Your own • Positive Law # 2

  4. Trimming- the third law of debt-free prosperity. Live on less than you earn so you can have a surplus to get you out of debt and invest in assets that appreciate. No one, regardless of income, can be financially successful unless they live on less than they earn. Pay yourself first, and then live on what's left over. Law # 3

  5. Training – the fourth law of debt-free prosperity Training is necessary to be prepared to seize financial opportunities as they arise. Spend on assets that generate wealth, not those that consume wealth. Law # 4

  6. In order to be debt-free you must spend less than you earn. No matter how little you earn it is possible to remain debt-free and prosper. insights I gained from reading this book

  7. Tracking – I was able to share with my parents. laws I have mastered and shared with people

  8. By mastering these laws while in high school I can be better prepared to start my career and remain debt-free and prosper throughout my life. How this information will help me with future financial planning

  9. Work cited Bibliography Harris, B., Coonradt, C. (2001). The Four Laws of Debt Free Prosperity. Bountiful, Utah: Chequemate International.  Clip arts provided by Microsoft Co.

More Related