12 Steps to Eliminate Debt and Build Wealth: A Step-By-Step Guide to Become Financially Independent

• Learn how to implement the Undetailed Budget (c)
• Create a system that gives you more Financial Freedom every month
• Escape the buy-now-pay-later trap that is keeping you broke
• Leverage the Debt Avalanche and the Debt Snowball to prioritize your debts
• Protect your family with an Emergency Fund
• Implement an investing strategy to earn more money by investing than by working
• Build a legacy that will last for generations to come

"A practical and easy-to-follow guide for financial independence and future planning." SPR, ★★★★

"Clear, practical, and empowering, 12 Steps to Eliminate Debt and Build Wealth is a no-nonsense guide to breaking free from financial stress and building lasting wealth-perfect for anyone ready to ditch debt and take control of their financial future." - NewInBooks

The buy-now-pay-later approach to personal finance is a trap. Immediate gratification tricks your brain into devoting a massive portion of your future income to payments for stuff you already purchased and consumed.

Jay Rigler spent his 20s being normal, just like the rest of us. He found himself in a never-ending cycle of increasing spending and debt.

Then, he decided to take control of his finances and escape the trap.

The result was more financial freedom than he first imagined, and now that he has had this freedom for nearly a decade, he is sharing the path he took to financial independence.

12 Steps to Eliminate Debt and Build Wealth is a practical and comprehensive guide that will show you the exact path Jay Rigler took, and the steps that you can take, if you would like to increase your own financial peace.

The book is divided into three phases: building a foundation, establishing a routine, and creating a legacy.
Phase 1: Build a Foundation

1. Create an Undetailed Budget
2. Separate Income & Expenses
3. Save a 1-Month Emergency Fund
4. Eliminate High-Interest Debt

1. Review Insurance and Wills
2. Get Employer Match for Retirement
3. Save a 6-Month Emergency Fund
4. Eliminate All Non-Mortgage Debt

1. Invest 15% of Gross Income to Retirement
2. Save for College
3. Use HSA to Self-Insure for Long-Term Care
4. Pay Off Mortgage