Hello my name is Jesse Meekham from Wyanab where we teach you four rules to help you stop living paycheck to paycheck, get out of debt and save more money.

There are also four disciplines of execution. That's a book I just read. It's by the people over at Franklin Covey. I liked it. Four

disciplines of execution. Rule one is that you focus, right? You focus on one big goal. Think about how you budget. Are you focusing on

one big thing you want to take care of? Do not underestimate the power of focus. If you

want to get out of debt and I think you do, do you focus on it?

That's a key. You can't focus on lots because then you're not focusing at all. Number two is that you pick leading

indicators so debt is a lagging indicator of behavior that caused that debt.

It's all lagging.

You look at how much debt do I have?

Well, it already happened.

Everything already happened leading up to that debt.

Debt is a lagging indicator.

What would be a leading indicator, what kind of activities predict debt going

down?

That's where it gets interesting.

And that's where budgeting is perhaps one of those leading indicator activities.

A leading indicator must be both predictive of your lag, so doing this thing will result

in less debt.

So if you were to say, I want my debt to move from 20,000 to 5,000

by December 31st, 2016.

That is your big focus.

Then you would say what activities are predictive of my debt moving down and you've got to pick activities

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