steve down - financially fit part 01
TRANSCRIPT
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Spending CompassSpending CompassSpending Compass
East Spending: Appreciating Assets
East Goal: Maximum Spending
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Spending Compass
South Spending: Living Expenses
South Goal: Prudent Spending
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Spending Compass
West Spending: Depreciating Assets
West Goal: Conservative Spending
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Spending Compass
North Spending: ImpulseBuying
North Goal: Minimum Spending
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Spending Compass
Logical “Spendle”
Emotional “Spendle”
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THE METAPHOR
Comparing the Physical To the Financial
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THE METAPHORPhysical Coronary
Sudden loss of blood
and oxygen
to the heart
which can cause loss
of life.
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THE METAPHOR
Financial Coronary
Sudden loss of income which can
Cause loss of home Cars, credit, spouse,
etc.
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Bingeing (over indulgence) followed
by Purging
(cleansing).
Physical Bulimia
THE METAPHOR
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Bingeing (Impulsive Spending and
borrowing) followed by
Purging (refinancing your house).
Financial Bulimia
THE METAPHOR
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A severe immune disorder caused by the HIV Virus which takes the physical lives of
millions.
Physical AIDS
THE METAPHOR
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THE METAPHOR
A financial disorder caused by the spending
virus which takes the financial lives of millions.
Financial AIDS
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THE METAPHOR
A I D S
AvoidInstallmentDebtSlavery
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