67 | Get Out of Debt: Exactly How To Finally Get Debt-Free So You Can Stop Giving All Of Your Money Away

⁠Book a free 20 minute financial coaching session with us! Stop giving away all of your hard earned money!  Payments do not have to be a life sentence. The Get Out Of Debt (GOOD) Plan that is easy to understand and follow that tells you exactly how to pay off each debt and when. It also prompts ideas on how to pay off debt even faster. The GOOD Plan even lets you know when you can be out of debt completely. In this episode we cover: How minimum payments are structured so you can pay them for the rest of your life Why paying a little more each month doesn’t work to get out of debt Why waiting to the end of the month to use “what’s leftover” doesn’t work to get out of debt Why the #1 rule to getting out of debt is to borrow no more (Dave Ramsey) Why you should stop worrying about interest rates and start worrying about BEHAVIOR CHANGE and HABITS How you know if you can’t afford something What system to use to pay off debt How to target all of your available resources (energy, time & money) on ONE goal Why tracking your progress really helps with the maintaining momentum How to take your frustration out on your credit cards How to figure out when you will be debt-free Ways to knock out debt faster Why getting out of debt is awesome You know we don’t hold back. We love you enough to be honest and call you to a higher standard. Here are some quotes from this podcast: “If you can’t pay cash for it, you can’t afford it.  Borrowing someone else’s money to afford it doesn’t mean you can afford it. It means they could afford it. Not you.” “If you were good at math, you wouldn’t be in debt.” “You’re putting a little bit of money toward everything and you’re not making progress on anything.” But there is hope! You’re listening & ready to do this aren’t you? That’s all it takes. Listen in to get the motivation & next steps you need to get out of debt- for good! 4 Ways To Connect With Us: 1️⃣ FREE CALL: Book your FREE 20-Minute Financial Coaching Call now! Get personalized advice and start your financial journey ➡︎ https://www.budgetbesties.com/freecall  2️⃣ FACEBOOK: Become part of our Supportive Facebook Group. Connect, share, and learn with others mastering their budget skills ➡︎ https://www.budgetbesties.com/facebook  3️⃣ BUDGET: Grab our Signature Budget Template! It's your key to organizing and optimizing your finances effectively ➡︎ https://budgetbesties.com/budget  4️⃣ COACHING: Ready to dive deep into your finances? Sign up for 1-on-1 or Group Financial Coaching. It’s the accountability and guidance you need to make real progress ➡︎ https://budgetbesties.com/coaching  "I love Shana & Vanessa and this podcast is amazing!" < If that sounds like you, please consider rating and reviewing our show! It helps us to reach more people – just like you – to help them change their financial future. Don’t forget to follow the show so you don’t miss any episodes! And, if you’re feeling really generous, we’d be SO honored if you would share this podcast with someone.  Click here to view our privacy policy. This description may contain affiliate links, meaning we may get a commission at no cost to you if you click & purchase!