Debt sucks. It’s a time-suck, stress-suck, money-suck, and …..well…you get the point. But let me tell you from experience, getting out of debt is one of the best feelings in the world. You feel accomplished. You feel confident (hey, it took a lot of discipline and hard work to become debt-free). You feel in control of your financial future. Oh, and your money is finally yours again. Getting out of debt sounds …
How to Pay off Debt Fast by Treating it Like a Business
As you can probably tell, I am in the midst of trying to create a business blogging about personal finance. I’ve spend hundreds of hours doing research to make sure that I am taking the right steps to make this blog a successful business. While researching, I stumbled on an article about “how to start a business”. I had a light bulb moment. I was being so intentional and …
10 Mistakes I Made While Paying Off Debt
Before you start reading about all the mistakes I made while paying off debt, I want you to know that I cherish these mistakes. And you should cherish all your mistakes too. These “my bad” moments have brought us to where we are today – we are smarter because we’ve done stupid things, acknowledged them, and learned from them. If you’ve read my student loan story, you know that it took me 7.5 years to pay off $125,000 of debt. While that’s a ton of debt, I don’t think it should have …
19 Ways to Stay Motivated While Paying off Debt
Paying off debt can be a long and hard process. For some, it could take years to become debt free (it took me 7+ years to pay off my six figure student loan debt). While on your journey to debt freedom, it’s only natural to have highs and lows. The highs are …
How to Prioritize Debt and Reach Your Financial Goals
Whether you have credit card debt, medical debt, car loans, student loans, or a fun combination of them all, you need to come up with a plan to pay it off. Your plan must prioritize the debt so you know when and how much money to put towards each debt every month. If you don’t have a prioritized list and a …