She personally went from $100,000
to “Zero Debt” as detailed in her New
York Times best seller of the same
name. According to Personal finance
expert Lynnette Khalfani-Cox, if like
millions of Americans you were
recently downsized, have experienced
a significant cut in pay, or are simply
not bringing in the same dollars you
used to—you too can now dramatically
improve your financial outlook by
following a few simple steps.

A. Control your Spending

Start by reining-in and cutting back on all frivolous and luxury spending
right now. Expenditures such as a hundred premium cable channels,
weekly visits to the hair and nail salon, excessive dinning-out or buying
the new dress or suit anytime you feel like it, are types of behaviors
that can be financially damaging in the present economic environment.

Buckling down by watching your budget, stopping all deficit spending
and making sure that your spending does not exceed your take home
pay, (whether you make six figures or six dollars), is crucial, and can
make the difference between financial success or disaster.

Common myth– Most people believe that financial freedom is all about making more money. The fact is, that 9 out of 10 times, it is more about what you do with what you earn than how much you earn.