NÃO PAGUE suas DÍVIDAS! Patricia Lages feat. Ben Zruel

Introduction

In this tutorial, we will explore three simple steps to help you pay off your debts within twelve months and achieve financial freedom, as shared by entrepreneur and author Ben Zruel. This guide is essential for anyone looking to regain control over their finances and eliminate debt effectively.

Step 1: Understand Your Financial Situation

• Gather Information: List all your debts, including amounts, interest rates, and due dates.
• Evaluate Income and Expenses: Analyze your monthly income and essential expenses to determine your cash flow.
• Identify Non-Essential Spending: Review your spending habits and highlight areas where you can cut back.

Practical Advice

• Use budgeting apps or spreadsheets to keep track of your finances.
• Consider the 50/30/20 rule: allocate 50% for needs, 30% for wants, and 20% for savings and debt repayment.

Step 2: Create a Debt Repayment Plan

Choose a Strategy: Decide on a repayment method that suits you

• Snowball Method: Focus on paying off the smallest debts first to build momentum.
• Avalanche Method: Prioritize debts with the highest interest rates to save on interest payments.
• Set Clear Goals: Define how much you will pay each month and by when you aim to be debt-free.
• Automate Payments: Set up automatic payments to ensure you never miss a due date.

Practical Advice

• Stick to your budget and make adjustments as necessary to prioritize debt repayment.
• Consider negotiating lower interest rates with creditors or consolidating debts for better terms.

Step 3: Build Financial Resilience

• Create an Emergency Fund: Save at least three to six months’ worth of living expenses to avoid future debt.
• Invest in Financial Education: Read books, attend workshops, or follow financial experts to improve your knowledge.
• Develop New Income Streams: Explore side hustles or passive income opportunities to increase your earnings.

Practical Advice

• Automate savings by setting up a separate account for your emergency fund.
• Start small with side hustles that match your skills and interests.

Conclusion

By following these three steps—understanding your financial situation, creating a solid debt repayment plan, and building financial resilience—you can effectively eliminate your debts within a year and pave the way to financial freedom. Take action today to regain control over your finances and work towards a debt-free future. Consider sharing your journey or seeking support from financial communities for added motivation.