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Most of us, at some stage of our lives, get ourselves into debt/personal finance and don’t know where to start to pay it off.

Here are some stages to get us into debt

1. Borrowing to finance your/your children’s education
2. Borrowing to buy a single house
3. Borrowing to finance your wedding
4. Borrowing to finance your car
5. Borrowing to finance your business etc

So how do we get from debt to wealth? There’s a few simple steps you can take before you can do anything about your current debt.

Do spreadsheet showing every item you pay for either weekly, bi-weekly or monthly, which includes everything.

Take your net salary amount for the year and divide it by 52.

Take your debts away from your salary and you’ll either have debt or be in surplus.

You need to determine a proper allocation of your current resources and determine how to be the most efficient with your money.   You need to learn how to allocate your personal finance now and make saving and investing money a major priority.  More information visit this online blog tips and learn the skills .