Capital Consulting

Let’s quickly touch on the differences between paying off lowest balance debt vs. paying off lowest interest rate debt and why I believe it makes MORE sense to focus on lowest balance debts FIRST. While it may make more sense mathematically to list debts from lowest interest rate to highest, this strategy does not always have the highest success rates for a reason. Paying off debt is not easy. It can take a long time for some depending on how big of a hole they are in and how big of a shovel they have (debt vs. income). When you begin to pay off small debts and work up towards the larger ones, you get to celebrate small wins along the way. This provides a great amount of momentum and motivation to keep pushing yourself to freedom. Please send me a DM or an email with any questions regarding this topic.

A common problem that comes up is figuring out how married couples can both agree on personal spending. This is solved by creating a miscellaneous spending budget. If one partner wishes to splurge on Starbucks and fast food all month while the other partner wishes to be conservative all month, a separate spending budget allows for this kind of flexibility. It not only takes the tension out of miscellaneous spending, but it also prevents each partner from OVER spending. #passiveincome #financialfreedom #invest #investlong #financialeducation #investing #makemoneyonline #money #passive #extraincome #income #marketing #hamont #dundasont #toronto #burlingtonontario

Happy Saturday everyone! Let’s start the day off with 4 key tips to getting your money straight. I’ve said it many times and I’ll say it many more times. Developing a reason to start is just as important as any other tip you will learn. This is what will keep you going when you run into obstacles and difficulties. Next is to lay out a plan. When you have a written out plan to follow every month telling you where your money is going, it is tremendously easier to stay on track.... CUT THE FAT! By this I mean to get rid of all the unnecessary expenses and impulse purchases that are putting you in the red every month. Hanging on to these things will get you no where. Lastly, you MUST stay consistent and disciplined with your plan. Doing ish never works out well for anyone so it is important to stay focused. Hope these small quick tips help, I’d love to hear some feedback from everyone! #passiveincome #financialfreedom #invest #investlong #financialeducation #investing #makemoneyonline #money #passive #extraincome #income #marketing #hamont #dundasont #toronto #burlingtonontario

Unpopular opinion alert #passiveincome #financialfreedom #invest #investlong #financialeducation #investing #makemoneyonline #money #passive #extraincome #income #marketing #hamont #dundasont #toronto #burlingtonontario

Having a plan while trying to accomplish anything is key. This is not only true for financial goals, but anything else as well. Creating a road map for your goals and celebrating small wins along the way will greatly increase the chances of succeeding at whatever it is you’re aiming for. #passiveincome #financialfreedom #invest #investlong #financialeducation #investing #makemoneyonline #money #passive #extraincome #income #marketing #hamont #dundasont #toronto #burlingtonontario