Dr. Leslie Griesdorf trades in the stock market and has dedicated himself to succeeding as an investor since retiring from his career as an oral surgeon in 2004. Dr. Leslie Griesdorf’s passionate about furthering his financial knowledge, and he’s offered what he knows to his friends and family on multiple occasions.
For many, the advice that someone like Dr. Leslie Griesdorf will offer first is to pay down your debt. This helps you free up money to put in savings and it takes you closer to financial freedom. Tips like these will help you get started:
- Eliminate as Many Expenses as Possible
Start by freeing up as much of your money as you can. Eliminate expenses everywhere you can. Don’t watch TV that much? Cancel your television plan. Don’t need the fastest internet possible? Choose a cheaper option with your provider. Trying to cut calories? Stop buying snacks during breaks from work. This frees up funds for the next step.
- Make a Payment Plan
List each of your debts, what your minimum payments are and how much extra money you have each month. Then, make a payment plan (preferably with the help of someone like Dr. Leslie Griesdorf) to put as much money onto your highest-interest account as you can each month while still making your other minimums. Once that account is paid down, tack its payments onto the next highest-interest account.---
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