Table of Contents
Introduction
The Debt Problem: Why you are stuck
What this Book is about
Part 1: Paying off Debts
Chapter One: What Causes Debt
How do People End up with Debt?
Important Facts about Debt that Need to Know
Chapter Two: Examples of Debt and Why You Should Care
Main Problems that can Result from Debt
Examples of Debts
Chapter Three: The Scary Psychology behind Impulse Spending
A Closer Look at the Psychology of Spending
Factors that Fuel Impulse Spending
Identifying Harmful Spending Habits
How to Avoid Impulsive Spending
Chapter Four: How to Pay off Debt in 4 Easy Steps
Creating the Right Mindset to Clear Your Debt
The Four Step Debt Eliminator
How to Save on Bank Fees
12 Ways to Save on Groceries
Debt Success Stories
Chapter Five: How to Do a "No Spend Challenge"
How to Do a No Spend Challenge
What to Do after a No Spend Challenge
Tips for Successful No Spend Challenge execution
Part Two: Building Wealth
Chapter Six: How to Automate Your Finances
Why you need an Emergency Fund
Apps you can use for financial automation
Chapter Seven: Investing for Absolute Beginners
How Regular Folks Become Millionaires
Introduction to Compound Interest
401K (Plus Company match)
The Roth IRA - Your secret retirement weapon
Mutual funds and ETFs
A Practical Sample Budget When Saving for Retirement
Housing versus Stock Market - the Truth
Chapter Eight: Making Credit Cards Work for you
How Credit Card Companies Make Money
Building Your Credit Score without Falling into Debt.
How to Build Your Credit Score without Getting into Debt
Factors that can Damage Your Credit Score
Important Steps for Rebuilding/building Your Credit Score
Chapter Nine: Side Hustles & Making Money Online
What is Passive Income and Multiple Streams of Revenue?
Three Steps to Creating Multiple Streams of Passive Revenue
Opportunities you can exploit to make Passive Income
Economies of Scale of digital vs physical products
Multi-Level Marketing Traps: How to Spot and Avoid Them
Conclusion
Bibliography