My Debt-Free Plan: How I’m Paying Off $36K in ONE Year
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- Опубликовано: 27 июл 2024
- Being debt-free can be a financial slingshot on the road to FIRE. And while you don’t need to get rid of ALL your debt, those high-interest credit cards have got to go if you want any chance at achieving financial independence. So, how do you pay off your credit card debt FAST to start your journey to FIRE? Brittney Reynolds might be the expert in this field.
Brittney racked up $36,000 in credit card debt by age twenty-eight, almost entirely through consumer spending. What once filled her with financial anxiety is now her claim to fame as she shares her debt-free journey across social media, having knocked out half of her debt already, with plans to become completely debt-free by this summer. If you want to know the DRASTIC moves she’s making to become debt-free, stick around because you may be able to copy her ultra-low-expense strategy.
Got debt you’re ready to get rid of? Let us know in the comments below what you’re doing to become debt-free like Brittney!
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www.biggerpockets.com/blog/mo...
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How to Pull Yourself Out of Car, Student, or Credit Card Debt:
www.biggerpockets.com/blog/mo...
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Follow Brittney’s Debt-Free Journey on TikTok:
@brit_reynolds or / brit_reynolds
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00:00 $36K in Debt!
01:04 Finding FIRE
02:57 Moving Back Home at 28
05:01 Debt-Free in 1 Year or LESS!
07:08 The 0% Interest Balance Transfer
09:02 Cutting Her Costs WAY Down
09:58 $5K In Interest ALONE
14:15 Tracking Your Debt
15:29 Where to Put "Leftover" Money
18:33 Got Debt? Do This!
21:02 Connect with Brittney!
Smartest thing people that could don't want to do, move back in with your parents. They rather bleed away $2000 away each month to sorta have a place to call their own.. She'll do exceptionally well compared to her peers.
You are so brave. Get it done.
Great video!
I have the same amount of debt. 😩
Try velocity banking. It works.