Tuesday, December 9, 2008

Total Money Makeover and Ambitions

I started My total money Makeover Wednesday the 3rd of this month. I've already taken some steps toward my debt free life. TMM is a money management plan that guides you through the process of becoming debt free, while showing the next steps such as: life insurance, building an emergency fund, Mutual funds, and cutting up your credit cards. My monthly plan is set.; I'm going to work more hours at my second job, sell my car, and cut back on all my frivolous expenses. If I can make it past the first month, I can make it the entire year. After I get all my accounts current, I am going to start Snowballing my debt. After I finish, I'm going to quit my second Job and go back to school. I'm thinking about Clinical Lab analyst or accountant. Currently I'm an associate agent at Nationwide Insurance. With this plan I intend to be a millionaire by 40, no matter the career i choose. If I put a 2000 dollars a month into a mutual fund for the next 20 years, I'll be a Millionaire in no time.

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