BDO’s Race Training Exercises – Step 5 of 7 March 29, 2008
Posted by BDO in Race Training.Tags: Debt, distance, interest, low, off, pay, race, short
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BDO’s RACE TRAINING EXERCISES
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Step 5: Train for short distances
To race well, you must start out on the short distances. Find areas were you can increase money received or decrease money spent. This way, extra money can be applied to the first debt you are trying to beat. Many of the experts recommend the bill with lowest amount owed or with the lowest interest rate. However, you pick your shortest goal and work hard to achieve the first short race. The first race will be very difficult, but it will prepare you for longer distances and tougher routes.
A Kid's Guide to Managing Money (Ready-Set-Grow Series)
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