In this installment, I cover the second theme that I share with my students which is to have a plan for everything. The list includes:

  1. Having a cash flow plan for your normal income and
  2. Planning long term expenses that don’t occur regularly
  3. Creating a debt elimination plan
  4. Having proper insurance
  5. Maintaining an emergency fund and having savings for maintenance expenses
  6. Have written, measurable goals
  7. A plan to improve your career or look for a new one
  8. Communicating with your spouse on making big purchase decisions

I also mentioned a new video I created that shows an example of how to create a debt elimination plan. Watch it below and feel free to provide feedback at

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