October 12, 2020

12-Minute Financial Makeover Step 6 - Ease Your Mind with Debt Freedom Plan

This is the 6th installment of our Financial Makeover Series featuring carefully selected personal finance subjects. We hope talking about these basic principles can allow you to figure out what can help the most in your own unique situation.

We talked about avoiding fees in Part 1 and how using a no-fee online checking account could help you so.

Part 2 featured spending more on things you truly love using a fun budget approach.

We continued in Part 3 with the amazing freedom of budget choices that can allow you to realize more of your projects and dreams.

Part 4 talked about emergency savings and having a personalized contingency plan.

Part 5 suggested to hammer down boring big recurring expenses.

After these, we now feel ready to abort an even more challenging subject. So, let’s put on our armor, sharpen our sword and face on the dreaded debt beast.


The Right Mindset

Having too much debt is probably today’s biggest financial problem of too many families. We did not start our Financial Makeover Series here because we believe it’s better to have developed some tools before tackling on dreaded debt.


With some confidence in your abilities, getting out of debt can be quite straightforward. You just have to allocate money in the right way to achieve it.


We know getting out of debt may seen difficult or even impossible for some. Many are even addicted to debt. They know extensive use of it is bad for them yet became comfortable bathing in it. Sadly, they are so afraid about getting into that battle.


But after you get over that steep psychological hurdle, getting rid of debt becomes basic math. You have to believe and decide you can get out of debt. No one can do it for you. You have to commit and do it for yourself and your family. The good news is that you have that power in you.

October 03, 2020

12-Minute and Your Schedule (Revisited)

The 12-Minute Series was originally posted in 2012.

We’ve decided to republish it integrally because we believe it can still help as everyone aspires to make things better.

Let’s hope it stirs up the discussion and stimulates you to change the world 12-Minute at a time!

This article was originally posted on March 12, 2012

The 12-Minute Approach can be applied tons of ways to your schedule. We will submit you some ideas here but the possibilities are almost endless.

Why 12 Minutes

Using the 12-Minutes Approach will allow you to be more efficient; doing something different only 12 minutes every day can produce surprising results.

If you break down your day in 12-Minute Periods, you’ll find that there are 120 such Periods:

1 day = 24 hours x 60 minutes =
24 hours x 5 x 12-Minute = 120 x 12-Minute