Direct Sales 102: Lesson 5 – Understanding Debt

This week, we take a closer look at bad debt vs. good debt, and what really qualifies as an emergency.

[audio:ds102week05.mp3]

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Your Assignments:

1. Review your current monthly business expenses (or annualized expenses for the ones that don’t happen every month). What is your target figure for a 6-month cushion?

2. Continue your weekly Money Meetings.

3. Be ruthless about expenditures -do you need to spend on it now or can it wait? Group purchases whenever possible to avoidcompany fees.

 

Back To The Dashboard | Back To DS 102 Schedule 

Lesson 1 | Lesson 2 | Lesson 3 | Lesson 4

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