Starting My Debt Free Journey – How I Racked Up Over $100,000 of Debt!

Published on June 4, 2023

New vids related to revolving Credit, Get Out Of Debt Plan, Government Debt Relief, and Is Anyone Debt Free, Starting My Debt Free Journey – How I Racked Up Over $100,000 of Debt!.

I take you through my life journey and tell you about how I racked up over $100,000 of debt during my early years in college, and what broke the camels back and made me finally realize that what I was doing was not working. I tell you about my plans that I am setting for myself to get out of debt in 2021. Come and join me on this debt free journey in 2021.

Are you also on a debt free journey? What are your plans? Let’s make a commitment to each other, and make it our goal to be debt free!

👍 If you enjoyed this video, please consider liking, subscribing, and hitting the bell icon to be notified when I upload my next video.

☕I drink a lot of coffee to have the energy to make these videos. Please consider supporting my channel by buying me a coffee to enjoy with my hubby: https://www.buymeacoffee.com/unsavvybudgeter

📆 I’m posting videos twice a week, so make sure to get subscribed so you don’t miss my future videos: https://www.youtube.com/c/TheUnsavvyBudgeter

Also check out my blog: https://www.theunsavvybudgeter.com/

5 financial influencers that have motivated me on my debt free journey:

5 things I’m doing to pay off debt faster: https://youtu.be/VcuEN72Bulo

How I increased my salary quickly: https://youtu.be/ZuDnEvquTSY

What motivated us to be debt free: https://youtu.be/3KRmD457lTY

Our debt confession to family: https://youtu.be/3709JnlHLbk

Our new combined budget detailed overview: https://youtu.be/Ej6QuKxFzm8

💬 Let me know in the comments if you have any video suggestions.

🎦 This is the gear I’m using to film and edit this video:

📸 Camera: Canon T4i DSLR
🎙️ Microphone: Azden SGM-X Shotgun Microphone
💾 Software: Adobe Premiere Pro, After Effects, Photoshop

©️ All videos are created by me and any content featured is either created by me or used with the original author’s permission. Reuse of any of the audio or video elements are prohibited. Some animations taken from mixkit.co.

#debtfreejourney #debtfree #payingoffdebt #creditcarddebt #studentloandebt #theunsavvybudgeter

Is Anyone Debt Free

Is Anyone Debt Free, Starting My Debt Free Journey – How I Racked Up Over $100,000 of Debt!.

You Can End Up Being Absolutely Financial Obligation Free

Being primarily debt-free does have some drawbacks. Banks can seize the property or asset on which loan is being sanctioned. You need to consider a protected financial obligation combination loan.

Starting My Debt Free Journey – How I Racked Up Over $100,000 of Debt!, Search most searched reviews related to Is Anyone Debt Free.

Charge Card Financial Obligation – How Do You Battle Your Way Out Of Its Clutches?

By released, that indicates all or a part of them will be totally eliminated. Keep in mind, the goal here is Debt Free in 5 years, not 5 minutes. Clearing all financial obligations alleviates stress from one’s mind.

Being under a financial obligation is a really undesirable scenario. Not only does it nab away your psychological peace, it drains you physically too. The consistent pressure of needing to clear a large amount of cash as your debt is very frustrating. However to tell you the fact there is debt all over. In truth it is almost impossible to have a debt free world where whatever is negotiated in regards to credit. However debt is all right as long as the circumstance is under control. Problems occur when you need to struggle to clear your debts, quit on the typical performance of life and when your universe appears to be revolving around getting rid of the financial obligation. You loose out on your social and domesticity also.

So we understand that having unSecured Debt is not such a bad thing when compared to Secured Debt, but how do we tackle decreasing eliminating it. Well, the single most efficient technique is through financial obligation settlement.

You would not have actually paid back any debts in real as you would have utilized obtained money to pay back borrowed money. However, all your complicated charge card calculations will pertain to an end. You will have to handle just one loan provider, one loan account and one due date.

You can also discuss your specific chapter of personal bankruptcy options with your attorney. There is a huge difference in between Chapter 7 and Chapter 13. You need to choose your personal bankruptcy carefully or else you will never end up being Debt Free. Or even worse, you may find yourself on the course to being financial obligation free that is more agonizing than must be the case. Once again, if you do not have a clear idea of how the insolvency laws work, you will not have the ability to effectively select the best chapter of personal bankruptcy to file.

Let’s expect you earn $60,000 year. In this case, if you’re carrying more than $6,000 in Revolving Debt, your ability to react to a financial crisis could be restricted. Bring a balance in excess of 10% of your income is not precisely terminal however is a signal that you ought to start working to decrease your balances as rapidly as possible. It is very important to comprehend that this is different from having minimum regular monthly payments that exceed 10% of your income. If you have minimum payments this high, they will exceed your earnings. That’s not a danger signal it’s a glaring red indication that you should get to a credit therapist post rush.

Online protected financial obligation combination loan is the style of the day. As it takes less time and makes your search immediate. You get variety of loan quotes, payment term, and low rate of interest from lending institutions. Then the ball is in your court and you are the one who takes choice concerning the selection of your lending institution.

Charge card debt can destroy your life if you aren’t cautious. This is why it’s crucial to stay on top of your financial obligation so that gradually you can leave it. This is the finest way to enhance it if you’re having difficulty with your credit rating. Simply get rid of a couple of cards and pay them absolutely off.

Why in the world would any person wish to tear tough made money? Be short as to why you would like a better rate, however be to the point. And a lot of don’t understand where to turn to.

If you are finding exclusive engaging reviews related to Is Anyone Debt Free, and steps Financial Freedom, Managed Debt please signup for a valuable complementary news alert service for free.

  • Leave a Reply

Enjoyed this video?
"No Thanks. Please Close This Box!"