“Freedom. I wanted to be free from debt so everything I earned would be MINE. Mine to use for other goals. Mine to help others.” Bianca … I hope you guys are ready for my September Debt update!
Bianca hit the nail on the head. She was one of the ladies who joined me on my debt challenge that I hosted last year ( which she ended up becoming debt free, I’m not currently offering any debt challenges, but I do have a monthly membership program called The Young Yet Wise Society)
This is truly how I feel, I want to debt free so that I can use my money for other goals and to help others. I know people say that money doesn’t matter, but it honestly does. 9 times out of 10 if you’re in trouble you can be delivered out of your troubles by having a certain amount of money.
The more debt that I pay off the free-er I feel. Do I still have credit cards yes, yes I do I have 3 of them and I pay the balance in full each month for them. Do I plan to never have debt ever again in life once I become debt free? The only debt that I want to have is debt from a home or investment property in the future. However for now I will bask in the moment and celebrate how far I have come.
For those of you who are new I started off with $38,500 worth of student loan debt. I wasn’t really concerned with paying more than the minimum balance until a few years after college when I sat down and figured out what my net worth was. (Surprise it was negative) Since then I’ve been on a journey of moving my net worth from the negatives into the positives by investing, saving, making more money and paying more money towards my debt.
To see how much debt I have left to pay until I’m debt free be sure to hit the play button below. The goal is to pay another $1,000 for next month which will be tough because I also have to pay off my credit card balance in full which is higher than usual because of a business coach I hired. ANDDDD I’m going to the Fincon conference in Dallas (where I’ll also be speaking on a panel all about side hustles). October should be fun and challenging. What are some of your October goals?
If right now you find that clearing your debt is your biggest struggle, you want to save smartly and have a system in place for your money book a free 10 min money consultation with me I have sessions available. Book your free 10 min discovery call here.
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