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67 | Get Out of Debt: Exactly How To Finally Get Debt-Free So You Can Stop Giving All Of Your Money Away

67 | Get Out of Debt: Exactly How To Finally Get Debt-Free So You Can Stop Giving All Of Your Money Away

FromFinancial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans


67 | Get Out of Debt: Exactly How To Finally Get Debt-Free So You Can Stop Giving All Of Your Money Away

FromFinancial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

ratings:
Length:
12 minutes
Released:
Mar 28, 2023
Format:
Podcast episode

Description

Stop giving away all of your hard earned money! 
Payments do not have to be a life sentence. The Get Out Of Debt (GOOD) Plan that is easy to understand and follow that tells you exactly how to pay off each debt and when. It also prompts ideas on how to pay off debt even faster. The GOOD Plan even lets you know when you can be out of debt completely.
In this episode we cover:

How minimum payments are structured so you can pay them for the rest of your life

Why paying a little more each month doesn’t work to get out of debt

Why waiting to the end of the month to use “what’s leftover” doesn’t work to get out of debt

Why the #1 rule to getting out of debt is to borrow no more (Dave Ramsey)

Why you should stop worrying about interest rates and start worrying about BEHAVIOR CHANGE and HABITS

How you know if you can’t afford something

What system to use to pay off debt

How to target all of your available resources (energy, time & money) on ONE goal

Why tracking your progress really helps with the maintaining momentum

How to take your frustration out on your credit cards

How to figure out when you will be debt-free

Ways to knock out debt faster

Why getting out of debt is awesome


You know we don’t hold back. We love you enough to be honest and call you to a higher standard. Here are some quotes from this podcast:
“If you can’t pay cash for it, you can’t afford it.  Borrowing someone else’s money to afford it doesn’t mean you can afford it. It means they could afford it. Not you.”
“If you were good at math, you wouldn’t be in debt.”
“You’re putting a little bit of money toward everything and you’re not making progress on anything.”
But there is hope! You’re listening & ready to do this aren’t you? That’s all it takes. Listen in to get the motivation & next steps you need to get out of debt- for good!

Book a free call: calendly.com/myidealbalance2/freecall
Email us any questions: info@myidealbalance.com
IDEAL BALANCE: How to Budget, Get Out of Debt, Save Money + Financial Systems to Organize Your Money
Even successful, high-achieving, Jesus-following moms need help organizing their finances. We want to help you learn how to budget, how to get out of debt & how to save money. We do this through 1-on-1 coaching where we teach you how to stop stressing about money & install systems that automate your finances. Once you have these money systems, you’ll be able to live debt-free, build wealth & achieve financial freedom. Join us to ditch the bad money habits & take control of your financial future.
Shana & Vanessa are best friends, business partners & Ramsey Solutions Master Financial Coaches.
Get the Digital Envelope System Our Client Used to Pay Off $17,591 in Debt and Save $23,000 in 7 Months here: https://ck.myidealbalance.com/deguide
Connect With Us:
Website → https://myidealbalance.com
Podcast → https://anchor.fm/idealbalance 
Facebook → https://facebook.com/MyIdealBalance 
YouTube→ https://youtube.com/@IdealBalance 


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Send in a voice message: https://podcasters.spotify.com/pod/show/idealbalance/message
Released:
Mar 28, 2023
Format:
Podcast episode

Titles in the series (100)

Even high-achieving, Jesus-following moms need help organizing their finances. We want to help you learn how to budget, how to get out of debt & how to save money. We do this through 1-on-1 coaching where we teach you how to stop stressing about money & install systems that automate your finances. Once you have these money systems, you’ll be able to live debt-free, build wealth & achieve financial freedom. Join us to ditch the bad money habits & take control of your financial future. Shana & Vanessa are best friends, business partners and Ramsey Solutions Master Financial Coaches.