Step 10

What’s a plan without action? Convert your plan into action so that you achieve your goals. For example, if your objective is to repay your student loan more quickly then decide how much you can afford to pay extra each month and either:

a) Increase the monthly payment with the lender to the new amount; or
b) Set up an auto-transfer for the increased amount to a separate account and every few months, make a lump sum payment against the loan.

You will be amazed at how quickly you can achieve your plan once you make it a reality. Set up automatic savings transfers or set up an appointment to meet with your banker.