Debt Free Journey Update: Are We Still Paying Off Debt in 2021? | Six Figure Debt Free Journey

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Debt Free Journey Update: Are We Still Paying Off Debt in 2021? | Six Figure Debt Free Journey
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Hey guys, it’s been too long since I uploaded my last video. In this video, I’m updating you all on our debt free journey and where we stand as of 2021. I’ve been MIA and I do apologize for that, but showcasing our journey to get out of debt is why I initially started this channel, so I do want to keep you guys in the loop.

Hope you enjoy this video, comment below and let me know how you’re making out in your journey so far in 2021.

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📍 ABOUT ME📍

Thank you for watching this video. I’m Ozella and I started The Intentional Dollar to share my debt free journey and help other people along the way. My whole focus is on being more intentional with money to create a life I want to live. I hope that you’ll join me in this journey.

*Disclaimer: All opinions in the video are my own. I am not a licensed financial counselor/advisor. Some links are affiliate links which means I may get paid a small commission should you sign up or buy. I would never recommend products and services that I don’t vet.

Is Anyone Debt Free, Debt Free Journey Update: Are We Still Paying Off Debt in 2021? | Six Figure Debt Free Journey.

How You Can Be Financial Obligation Totally Free With Credit Counseling

These are tried and real methods I graduated college with zero dollars of debt. They can be repossessed and put on foreclosure by the banks. Making minimum monthly payments will not get you anywhere.

Debt Free Journey Update: Are We Still Paying Off Debt in 2021? | Six Figure Debt Free Journey, Explore top replays related to Is Anyone Debt Free.

How To Manage Charge Card Debt – Part 2

Is it an accident that we live a carefree life and do not believe enough about the future? The secret to removing your financial obligation is simply starting! No property is held by the creditors.

People with good credit and high credit report will not be wanting to find a money advance to aid with emergency situation costs. These people will have a cost savings account or spending space on charge card to make their budget plans work each month. Having a high credit report does not mean a person does not have financial obligation. In fact, financial obligation is a requirement to acquire a high credit history.

If it is a Secured Debt, such as a car, home or home , the product value is held as collateral for the financial obligation. If you die while money is still owed, then the item can be seized by the lending institution and offered to satisfy the financial obligation.

So how do you reach your objective? The very first thing is to comprehend you require multiple income sources. You won’t get there working one job and making a direct earnings. You will need numerous incomes and a minimum of among them requires to be recurring. And one of the very best and most popular methods to develop this additional income is with a house based company. Home based business is the pattern of the 21st century and is fast ending up being the company idea of the future. House business is low risk however high capacity and if you choose a service that includes mlm, your success will increase even more.

So how do you as an individual live your live Debt Free? The basic solution would be making more. But that isn’t as easy as it sounds. In fact if making more would be so simple then the entire world wouldn’t be battling with financial obligation. But you score if you are smart. Starting a side service or something that will serve to be a source of extra income is actually a fantastic idea. This will ensure additional income which will definitely assist in paying of your financial obligations.

The absolute finest thing you can do to handle your Revolving Debt is to cut all of your credit card in half. Sound remarkable? Sure, it is, but it is one method to make certain that you stop including on to the quantity that you owe.

It is constantly better to choose a choice that does not ruin your prominence permanently. By submitting bankruptcy one absolutely ruins their credit report but with the aid of debt relief programs ones repute will be lowered but with the passage of time one can regain their repute. Most notably one can become a debt complimentary a lot faster and in a safer method with a future for more loans and credit card use. Whereas insolvency would mess up ones image forever and they would never ever have the ability to take loans again from any banks.

Financial obligation issues are very typical, and so are bankruptcies. There is a preconception that declare bankruptcy is wrong. In reality, declaring help is frequently the very best choice you can make.

In fact about 25% of the US population has no cards at all. At the end of the case, at least a year later on, their debts would be cleaned out. Modification your mindset about financial obligation.

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