It took nearly three years for Lynnette Khalfani-Cox,The Money Coachand author of”Zero Debt: The Ultimate Guide to Financial Freedom,” to pay off $100,000 in credit card debt.
But in the process of her six-figure debt payoff journey, Khalfani-Cox gained more than just financial freedom. She also adopted some new money habits to maintain what she calls a “Zero Debt mindset.”
Before she buys stuff or makes any new purchases, these are the two questions she asks herself to be a more disciplined spender and avoid debt. “Just asking myself these kinds of questions helps me to make better financial choices,” Khalfani-Cox tells CNBC Select.
- Should I put this on a card or should I just use cash to buy it?
- If I’m going to charge something, d…
Read the full article at: https://www.cnbc.com/select/questions-to-ask-before-spending-money/