HOW I PAID OFF $20K OF CREDIT CARD DEBT IN A YEAR | money and makeup mondays скачать в хорошем качестве

HOW I PAID OFF $20K OF CREDIT CARD DEBT IN A YEAR | money and makeup mondays

Let's talk about how I paid off $20k of credit card debt in a year! We go over how I spiraled into debt, my biggest debt payoff tips, how budgeting and saving played a role, and how to increase your income to pay off debt ASAP! Welcome to Part 2 of Money And Makeup Mondays! ⬇️ PERSONAL FINANCE 101 COURSE ⬇️ learn to save money, create a budget that works for YOU, pay off debt, and invest https://ezbiolink.com/financialsurviv... 💰 FAVORITE MONEY SAVING APPS: https://ezbiolink.com/the-avocado-toa... 📷 INSTAGRAM:   / theavocadotoastbudget   🎥 TIKTOK:   / theavocadotoastbudget   ✨ RELATED VIDEOS: 6 Credit Card Tips For Beginners:    • 6 Credit Card Tips for Beginners in 2022 |...   10 Things I Did To Pay Off Credit Card Debt:    • 10 Tips to Pay Off Credit Card Debt in 202...   When to NOT Pay Off Debt:    • WHEN TO NOT PAY OFF DEBT| when you should ...   DESCRIPTION: Today we are talking about how I spiraled into $20k of credit card debt after I finished my undergraduate degree. We're also talking about how I changed my relationship with money and paid off all of that credit card debt in less than a year. We go over how I learned about budgeting and money management when I was unemployed. I talk about refinancing my credit card debt and why it was the best and worst decision I made for my finances. If refinancing into a personal loan was the right choice for me and if you should do it to. I talk about my financial privileges, living in a dual-income household, and keeping my expenses low so I could pay off debt as quickly as possible. Then we go into my biggest debt payoff tips and what I learned from paying off all of my credit card debt including: stop spending money on you credit card while you're in debt to keep you out of the CC debt cycle and help you to stay out of credit card debt. why establishing an emergency fund and having money in saving is so important when it comes to paying off credit card debt. I highly recommend everyone do this before they start to aim to pay off their debt why budgeting played a huge role in me getting out of debt. How money management doesn't have to be restrictive and ways that changing my relationship with money helped me to save more and stay out of debt whether you should use the debt avalanche or the debt snowball to get out of debt, and the importance of focusing on one debt at a time how side hustling helped me to pay off my credit card debt ASAP. I made a few thousand dollars from selling my stuff online and driving for DoorDash on the weekend. This helped me to accelerate the debt payoff process what to do if you can't or don't want to refinance your credit card debt and how to set up your own payments to make it easier for you to consistently put money toward your credit card debt CHAPTERS: 0:00 intro 1:28 how I got in CC debt 10:33 how I learn about money management 11:52 my financial privileges 14:04 #1 refinancing my CC debt 18:35 #2 stop spending on CC 20:14 #3 establish an emergency fund 21:50 #4 budget 24:34 #5 debt avalanche vs snowball 26:57 #6 side hustling 32:01 #7 make your own payments 34:47 outro Business inquiries only: [email protected] DISCLAIMER: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel so I can continue to provide you with free content each week! Views expressed in this video are my opinion and should not be interpreted as professional financial advice. I am not a certified financial advisor. Subscribe to learn how to save money, pay off debt, and invest to feel more confident with your money!