Wondering how you can start a business when you are already in debt? Here is how you can start your business and use Mary Kay to pay off ALL your debt!
Sell $200 per week=$800 income for the Month
Take $100 to pay loan for your MK business (Leaves $700)
Use $400 to replace product sold (Leaves $300)
Give $100 to yourself (Have Fun!) (Leaves $200)
$200 to pay off other debt
Sell $300 per week=$1200 income for the Month
Take $100 to pay loan for your MK business (Leaves $1100)
Use $600 to replace product sold (Leaves $500)
Give $200 to yourself (Have Fun!) (Leaves $300)
$300 to pay off other debt
Sell $400 per week=$1600 income for the Month
Take $100 to pay loan for your MK business (Leaves $1500)
Use $800 to replace product sold (Leaves $700)
Give $300 to yourself (Have Fun!) (Leaves $400)
$400 to pay off other debt
Sell $1000 per week=$4000 income for the Month
Take $100 to pay loan for your MK business (Leaves $3900)
Use $2000 to replace product sold (Leaves $2000)
Give $300-$1000 to yourself (Have fun!) (Leaves $1000 to $1700)
$1000-$1700 to pay off other debt
Rapid Debt Reduction Plan:
Write down all debt, numbering them 1-10 from the smallest to the largest. Start paying off the smallest one first,
making payments as large as you can. Make minimum payments on # 2 through # 10
When debt # 1 is paid off, start paying big payments on # 2 and continue minimum payments on # 3 through # 10
As with all things in LIFE...Consistency is the KEY!
