19 min listen
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
---
Send in a voice message: https://podcasters.spotify.com/pod/show/idealbalance/message
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
---
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)
1. Who We Are & What We Believe by Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans