If you are or have ever been in debt, you know how it can drain you emotionally and financially.
From that standpoint, it’s no surprise almost everyone wants to escape debt as quickly as possible. But debt can be like diets: The yoyo-effect often catches those who try to get results too quickly.
Once you’re out of debt, you want to stay debt-free, not feel good for a few weeks until you reluctantly swipe your credit card again.
In this episode, you’ll find out how to get out of debt sustainably and stay debt-free for the rest of your life. Ready to develop a strategy that suits you instead of running with cookie-cutter solutions that don’t work for you?
Show highlights include:
- Why debt doesn’t have to be bad. (3:21)
- The first question you should ask yourself after deciding you want to pay off your debt. (4:33)
- Why escaping debt can be so hard—and how to break the negative momentum of accumulating interest and get your finances into an upward spiral that makes you wealthy. (14:42)
- 3 hands-on strategies to pay off your debt. These aren’t abstract models—you could start right after listening to this episode! (16:22)
Remember to download Grandma’s free wholesome wealth recipes book by dropping into www.grandmaswealth.com. Time-honored wealth strategies served with a helping of balance and trust.
If you’d like to see how Grandma’s timeless wealth strategies can work in your life, schedule your free 15-minute coffee chat with us by visiting www.grandmaswealthwisdom.com/call…just like Grandma would want us to do.
Links mentioned in the show:
Find the infographic for the snow bank method here: https://nyafinancialpodcast.com/wp-content/uploads/2019/02/SnowBANK-Method.png
Attend the live show: https://bit.ly/livenyafp