
Paying Down Debt - Risk vs Reward
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Paying Down Debt - Risk vs Reward
π₯ Struggling with debt? Here's a simple hack to turn things around! π°
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Instead of obsessing over your debt, shift your focus to INVESTING. π The trick comes from *The Richest Man in Babylon*βa strategy that helped one person pay off $150K while making just $2K/month.
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π Step 1: Set aside at least 10% of your income for investments FIRST.
π Step 2: Allocate a fixed 10-20% of your income to paying down debtβno more, no less.
π Step 3: Let investing and wealth-building become your priority, not just debt repayment.
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By staying consistent, your money GROWS, and debt becomes just a temporary hurdle. It's all about mindset and smart money management. Whoβs ready to try this? π₯πΈ #FinancialFreedom #DebtFreeJourney #MoneyMindset