Inability to pay back debt is usually either due to 1) the cost of your life not allowing for any money left over, or 2) a short-term hardship that is making it difficult to pay for a few months.  Or a combination of both.

This month, set aside 8 hours to read this guide and do the exercise.  8 HOURS – that could be just one hour every Saturday and Sunday – and you will be on your way to taking down your debt.

I’ve invested a huge amount of my own time in creating The 8 Hour Debt Takedown.”  I believe it is one of the best sources of information for how to pay down debt as well as change your entire mindset around money. The 8 Hour Debt Takedown is divided into the following sections:

• The PROBLEM WITH DEBT
• Understanding Your Financial Picture
  • How Much You Owe (time: 90 minutes)
  • How Much You Spend (time: 60 minutes per week)
    • Method 1: The Envelope Money Manager
    • Method 2: Using a Debit Card 9How Much You Earn (time: 60 minutes)
  • Calculating Your Monthly Cash Flow (time: 30 minutes)
  • Check Your Credit Score (time: 10 minutes)
• Your Debt Payoff Plan
  • The Debt Avalanche vs the Debt Snowball
  • Consolidating Your Debt (time: 60 minutes)
    • Good/Excellent Credit : Balance Transfer Cards
    • OK Credit: Personal Loans
    • Poor / No Credit : Save Money then Build
• 3. Start paying it down!
  • Negotiating with Creditors
  • Bankruptcy – the last option
• Staying Debt-Free
  • The Value Mindset
  • Conclusion

This guide is abolutely FREE.  Most of the content is around debt and how to pay it down.  But some of it is also about saving money and just being fiscally smart, in general.  Paying down debt is hard – I should know.  You can read my story at the end of the guide.  But it is worth it.  And it is necessary.  For you to live the best version of your life, debt can only be a temporary state.  It can’t be permanent.

You can do it.