I wanted to take on an issue we have sort of glossed over lately: Debt payoff. When I was talking with Beau a few weeks ago, I realized that as much as I say you need to be debt free to truly be free to live the life you want, we haven’t discussed the how of this. Then I was chatting with a friend who is paying off debt and she started asking me really pointed questions about my decision to pay off a second mortgage instead of the rest of my consumer debt.
Webinar update: Email with questions coming soon, as well as a calendar invitation.
Tales from the Prepper Pantry
What’s in Season
Main topic of the Show: Debt Payoff Ideas
Note: Not a financial advisor - I am merely sharing my debt payoff story
##Why I started paying down debt: Calculated monthly interest payments and realized $450 ish was going to service debt which meant that this amount of monthly earnings was simply time wasted for instant gratification.
What I tried:
What did not go well
Beginning Level: Stop the bleeding - used Dave Ramsey - ish method
A word on unhappiness and spending.
Adjustments to the process --
Thoughts to share on getting out of debt:
Make it a great week!
Song: Cilly Song by Sauce
GUYS! Don’t forget about the cookbook, Cook With What You Have by Nicole Sauce and Mama Sauce.