2. Financial Freedom - Living Beneath your Means

Learning Outcomes

The objectives for this section are:
 
A. Financial perspective
B. Maximize income
C. Reduce spending
D. Start saving
E. Eliminate inappropriate debt, and
F. Bank wisely
 

Chapter Reading

Please read the chapter on "Financial Freedom - Living Beneath your Means" (PDF)

 

Slide Presentation

Please click here for the PowerPoint slide presentation (PPT) for this chapter, or here for the slides as a PDF.

 

Video

 

Assignments

Here are the assignments for "Financial Freedom - Living Beneath your Means"

 

Tools

The following learning tools may be helpful with this chapter:

Exhibit 2.1 Eliminate Your Debt Schedule

Exhibit 2.2 Debt Elimination Spreadsheet with Accelerator

Exhibit 2.3 Debt amortization with Prepayment

 

Additional Materials

The following readings are suggested for this chapter:

Reading 2.1 One for the Money, Marvin J. Ashton

Reading 2.2 To the Boys and Men, Gordon B. Hinckley