Episode 272: Debt Payoff Ideas

I wanted to take on an issue we have sort of glossed over lately: Debt payoff. When I was talking with Beau a few weeks ago, I realized that as much as I say you need to be debt free to truly be free to live the life you want, we haven’t discussed the how of this. Then I was chatting with a friend who is paying off debt and she started asking me really pointed questions about my decision to pay off a second mortgage instead of the rest of my consumer debt.

Webinar update: Email with questions coming soon, as well as a calendar invitation.

Tales from the Prepper Pantry

Sam’s Club Story Working through the green beans - not sure what to do with the corn as I go low carb :D Indoor lettuce growing operation is morphing and I hope to increase volume of production Loving the pictures of how people store their stuff

What’s in Season

Flowers blooming Cilantro, greens, baby dill from the inside grow area Watercress, dead nettle

Operation Independence

My health journey begins today at 201lbs The Neighboring Rednecks have started in on the little bathroom repairs

Main topic of the Show: Debt Payoff Ideas

Note: Not a financial advisor - I am merely sharing my debt payoff story

##Why I started paying down debt: Calculated monthly interest payments and realized $450 ish was going to service debt which meant that this amount of monthly earnings was simply time wasted for instant gratification.

What I tried: 

What did not go well

Beginning Level: Stop the bleeding - used Dave Ramsey - ish method

>>Feedback: 

A word on unhappiness and spending.

Adjustments to the process -- 

Thoughts to share on getting out of debt:

Make it a great week!

Song: Cilly Song by Sauce

GUYS! Don’t forget about the cookbook, Cook With What You Have by Nicole Sauce and Mama Sauce. 

Community

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Advisory Board

The Booze Whisperer The Tactical Redneck Chef Brett Samantha the Savings Ninja

Resources

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