The Eliminating Debt IQ Matrix provides you with a step-by-step overview of the key areas you need to address in order to eliminate debt and achieve financial freedom. The mind map outlines the debt elimination mindset; provides an overview of the seven step debt elimination process; delves into simple strategies for eliminating debt and for making smarter financial decisions.
Here is a quick breakdown of each branch of the Eliminating Debt IQ Matrix:
- Debt Introduction: Outlines the debt elimination mindset you must cultivate in order to get yourself out of debt. This branch also breaks down the consequences of debt and the negative impact it has on people’s lives.
- Debt Elimination Process: Provides an overview of the seven step debt elimination process that will help you to manage your debts far more effectively in the short-term and eliminate them altogether in the long-term.
- Debt Elimination Tips: Delves into some effective yet simple strategies and tips you can incorporate into your daily financial management plan to help you eliminate debt from your life.
- From Debt to Freedom: Provides you with some final tips and guidelines that will allow you to make better and more intelligent financial decisions to help you move from debt towards financial freedom.
Stick with these principles, memorize and incorporate them into your debt elimination practices and you will progressively develop the necessary habits and skills that will allow you to eliminate all debt from your life forever.