This video is the story of one couples experience in eliminating their debt and they also managed to save money at the same time.
His highlights:
Changed attitude about debt
Accessed income and expenses
Created a budget
Cut unnecessary expenses
Increased income
Saved and invested while paying off debt
Communicated with creditors and negotiated arrangements
Stick to it
How We Paid Off Our $40K Debt and Saved $75K in 2.5 Years
Obviously they could have retired their debt sooner if they had not diverted monies to savings, but they did quite well and have ended up much farther ahead than many people.
Are you starting to see a pattern yet? All these people share some similar things that they did.
It’s always encouraging to hear from people who have had success. Check out these previous posts for more success stories.
https://steemit.com/debtfreeme/@aboutyourbiz/how-we-paid-off-58704-in-24-months-1510627603-838221
Do you have debt you want to pay off? I am starting a debt elimination support posting/group, but I need to know if there is interest. Please let me know in the comments if you would like to participate in something that could help you get out of debt. It would be structured in such a way that you would not be putting up your personal details, but using percentages instead. I want people to be able to track their progress publicly and set goals and have accountability, but not be exposed in a personal way. Comment if you are interested! #debtfreeme
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