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Kevin O'Leary

Chairman, O'Shares Investments & Beanstox

2826016 followers
Hey kids, we're one week in to 2019 and I've got one more resolution that you can still add. I'm sure you can guess what it is. PAY. DOWN. YOUR. DEBT. That is without a doubt the most important thing you can do for your future Of course you want health and happiness, and everybody wants everybody to have that, but in terms of taking care of your family and you, paying down your debt is No. 1. If you want to find financial freedom, you need to retire all debt — and yes that includes your mortgage. Craft a plan to speed up principal payments on your debt, whether that be on your mortgage, a student loan debt or credit card debt. If you have mountains of different kinds of debt, tackle your credit card debt first, because that’s typically the debt with the highest interest rates. Look at your credit card and you say to it, ‘I’m paying off your balance buddy, and I’m going to do that before July.' …see more

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