Learn This Couple’s Secret to Staying Motivated To Pay Off $80k In 2.5 Years
We love a good debt freedom story here at His & Her Money. With so many Americans struggling with debt, be it consumer debt, a mortgage, or the dreaded student loans, debt can seem like just another part of day-to-day life that we all just have to learn to deal with – but that’s not the case! If you get your head in the game and put in the work, you can start your own elimination story today for a financially free tomorrow!
On this episode of the His & Her Money Show, we’re talking with a couple who’s done exactly that and hit total debt freedom. Louis and Rachel started their marriage with Louis’ student loans, then a car loan and a few credit cards later, they found themselves in some serious debt. But once they decided to tackle it, they went all in, and they eliminated $80,000 worth of debt in just two and a half years!
At first, it was almost a non-issue. But then one day it clicked, and they were on the same page about getting out of debt. Louis and Rachel are giving us all the knowledge and hindsight they learned along the way. Everything from reevaluating their spending habits and cracking down on a budget to changing their whole mindset around money!
It took a lot of work and a few sacrifices too. But the results speak for themselves and now they’re living debt freedom to the fullest. We hope you can glean as much from this episode as possible. Because this smart money couple is full of advice and money-saving strategies that you can start applying now to your own debt-free journey!
What You Will Learn
Deciding as a couple to eliminate their debt
How Louis and Rachel cut back and started saving
Ignoring distractions and naysayers and keeping your head in the game
The importance of considering and establishing generational wealth
The turning point when Louis and Rachel decided they didn’t want to be in debt anymore
Louis and Rachel’s secrets to staying motivated going debt-free
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