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How to Pay Off Debt Fast: $50k of Debt in 1 Year

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Marriage Kids and Money

Ready to pay off your debt fast?

My wife and I paid off $50,000 of student debt and car debt in one year. We did this by decreasing our expenses, increasing our income and budgeting together each month.

I dive deeper into our story and how you can become debtfree too!

CHAPTERS
0:00 Intro to How We Paid Off $50,000 of Debt
1:48 1. Develop a Monthly Budget
2:40 2. Choose Debt Elimination Strategy
6:03 3. Increase Your Income
8:12 4. Stick to the Plan
9:01 5. Celebrate the Wins
10:29 What do you think?

#DebtFreeJourney #DebtSnowball #StudentLoans #DebtFreeCommunity

BUDGET RESOURCES
Mint: http://www.marriagekidsandmoney.com/mint
YNAB: http://www.marriagekidsandmoney.com/ynab

INCREASE INCOME RESOURCES
Become a Virtual Assistant: http://www.marriagekidsandmoney.com/t...
Earn More with Freelance Writing:
http://www.marriagekidsandmoney.com/e...

OTHER VIDEOS TO WATCH
How to Create a Mint Budget for Free (in 10 Simple Steps):    • Create a Mint Budget (for Free) in 10...  
How We Became Millionaires in 10 Years:    • How We Became Millionaires in 10 Years  
How We Paid Off Our Mortgage in 5 Years:    • How We Paid Off Our Mortgage in 5 Years  

MARRIAGE, KIDS AND MONEY:
This awardwinning blog, podcast and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debtfree young parents.

Blog: https://www.marriagekidsandmoney.com
Podcast: https://www.marriagekidsandmoney.com/...
Facebook Group: https://www.marriagekidsandmoney.com/...
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DISCLAIMER
This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice.

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