Updated: December 11, 2021
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Episode Chapters:
- 01:12: Going Into Debt
- 07:24: Acceptance
- 10:09: No More Running
- 15:32: Changes
- 20:46: Episode Break
- 22:04: Focus on Income
- 28:14: It Will Be Difficult
- 32:33: Quick Shoutout
- 33:06: Finding Comfort
- 35:18: A Better Person
Excerpts and Highlights:
To pay off your debts: create a budget, track your expenses, and do the Debt Snowball Method. However, this is easier said than done. And it requires a certain kind of mindset to succeed in the end.
Eliminating your debts will be a big challenge, but in the end – it will be one of the greatest achievements that your friends and loved ones will always remember about you – an accomplishment that you will forever be proud of.
Helpful Links:
- Philippine Fair Debt Collection Practices Act
- How To Get Out Of Debt With The Snowball Method
- Podcast Episode 54: How to Get Out of Debt with Efren Cruz
- FREE Download: Credit Card Debt Payment Calculator Excel Spreadsheet
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[…] For the show notes, visit my blog post here. […]
There is such a thing as good debt. I believe that the fear of debt instilled in me from growing up in my depression era Grandparents home actually hurt me a few times in life. I backed away from using good debt when I should have seized opportunities. Somehow, I made it living life completely debt free except for two mortgages to purchase property. It really is too easy to get into debt and a difficult job to get out from under. I can offer nothing but praise for those who have taken steps and paid off those nagging overdue bills.Debt free is the way to be!!!!