Are you entering the Christmas season in debt? Do you want to enjoy Christmas in a debt-free, cash-flow-heavy environment?

You can have it all and then some, but it comes at the cost of financial discipline. First, you must determine your emotional connection to money and spending.

Next, you must live on a budget and pay down all your debt. Saving and planning are the next steps.

Finally, creating passive income from assets will give you a positive cash flow to spend on Christmas. My wife and I went from debt to dividends in four years. If we can, you can as well. Good Luck!