
Learn to categorize loan types from relatives and friends to banks and loan sharks, evaluate debt against income, and limit repayments to about a quarter of income to avoid debt.
Apply practical techniques to classify debts, pay their debts, and use rituals and timing to address debt with a multidimensional approach that covers mind, emotion, and action.
Identify the emotional and social toll of loans and its impact on family dynamics, including opposition from spouses and children and social ostracism.
Identify and categorize debts by interest and amount, write down each debt with names and due dates, and prioritize high-interest loans to break the debt cycle.
Practice four debt reduction strategies to exit debt. Avoid gambling, stock market speculation, loan sharking, and unviable businesses.
Build a steady income stream with small, credible jobs and stay employed for years to pay off debt, avoiding big ego and Ponzi or MLM schemes.
Avoid using credit cards; pay with cash or savings to prevent overspending and debt. Sell unused items, embrace minimalism, and question purchases to cut costs and gain peace of mind.
Learn practical debt reduction tactics, prioritizing debt payments, starting with small, regular payments, using salary bonuses, avoiding bulk repayments, reducing interest, and empowering women to manage money.
Explore esoteric strategies for paying debts, including Mahalakshmi rituals, timely repayments, avoiding borrowing from women or loan sharks, and smart credit card practices to reduce debt.
The most important problem which is faced by many people now in this world is debt trap. And this problem is not only faced by an individual person but also any big nation. This course is a very simple and an easy one which addresses the various mistakes, dos and don'ts that anyone needs to follow in order to clear the debts swiftly. This class is a highly practical and an efficient course that is much needed in everyone’s life
Debts can be divided into many but widely it can be divided into five:
1. Credit card loans
2. Bank loans – personal loans, vehicle loans, mortgage loans
3. Student loans
4. Loan sharks
5. Gold loans
This course deals with the many aspects and habits that one can follow in order to close debts swiftly.
What are the valuable lessons that you can learn from this course?
1. Classification of various grades of debts
2. Common mistakes that many make while in a hurry to pay debts
3. Dangers while falling in a debt trap
4. Dos and don’ts to follow
5. How to save money in order to pay debts?
6. Mental planning techniques
7. Habits and lifestyle changes to pay back debts
8. Esoteric techniques
9. How to use time to pay debts?
There are many modern day techniques which can be used in planning someone’s finance but this course teaches you the techniques, habits combining it with certain key spiritual aspects that will help everyone who take the course.