Wealth Academy Podcast - Episode #45 - Hit The Reset Button On Your Finances, Adjust Your Spending In Today's Economy

Paul discusses why people should pay close attention to their finances as the year-end draws near. There are several signs people should consider to make an assessment of their finances, some of them you will be familiar with. 

1. It's time to cut back, if you have the opportunity to pay your bills off completely do so.
2. Cut the cord on your cable bill, do away with your gym membership, and work on your monthly budget and see how you can tighten it up even more.
3. Contact your mortgage lender and or property management company to work out terms on your house and or apartment.
4. Get free financial counseling, reach out to your local leadership, and find a couple of services that will be able to assist you pro bono.
5. Get a side hustle to help you pay your bills, make extra money to assist you on this journey during the pandemic.
6. Do all you can to protect your credit rating and scores.
7. Contact all of your creditors and work out an agreement with them to pay them back.
8. Have a plan in place because a bumpy ride is going to happen to us all.

Host - Paul Lawrence Vann

Email - info@paulvannspeaks.com

Office - (800) 341-6719

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