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How Getting Fired Prompted Kiara To Pay Off Her Student Loan Debt

How Getting Fired Prompted Kiara To Pay Off Her Student Loan Debt

FromThe His and Her Money Show


How Getting Fired Prompted Kiara To Pay Off Her Student Loan Debt

FromThe His and Her Money Show

ratings:
Length:
41 minutes
Released:
Apr 20, 2020
Format:
Podcast episode

Description

A sizable amount from a savings account and a small amount of money from a lawsuit settlement were the two methods that our guest today used to pay off her $62,000 debt in a little over a year.  Kiara lost her job right when she had a plan to pay off her student’s loan debt in 8 years or maybe 5 years if she worked hard enough. But that suddenly took on a different turn when she suddenly got fired and she had to sue her former employer.  Kiara shares how being an avid saver helped her pay off her debt faster even when she did not have a stable job. She also shares how the sacrifice of living at home helped her pay off her debt faster than most people. Listen in to learn how Kiara has a principal of saving 10% of her income whether she is employed, underemployed or unemployed. You will also learn how she used the snowball method when consolidating her loans- which is basically paying off the smaller loans with the largest interests first. Resources Mentioned The Richest Man in Babylon by George S. Clason Focus Groups: Focus Point Global Schlesinger Lucas Market Research Brand Ambassador Program: Fusion Event Staffing ATN Event Staffing Havas Street
Released:
Apr 20, 2020
Format:
Podcast episode

Titles in the series (100)

In this podcast, we equip you to find the balance between managing your money, your marriage and everything in between. We are on the journey to financial independence, and this podcast serves as your ticket to take this ride too. Our goal is to help each one of you to build wealth, and become completely debt free! We discuss numerous personal finance topics such as debt elimination, money-saving strategies, budgeting techniques, credit repair, investments, and much more. It's not just about money though, we also tackle topics that are built to build powerful family structures such as, organization skills, time management, faith, and so much more!