Debt is tricky. How much is normal? How much is too much? And most importantly, how do you get rid of it? It’s no secret: 80% of Americans are in debt, some living paycheck to paycheck with no end in sight. Whether you’re a single student or a family of four, it’s a huge financial burden. But even when there seems to be no light at the end of the tunnel, you DO have options – it’s just a matter of figuring out how to use them!
On today’s episode of The His & Her Money Show, we’ve got Sami Womack from ASunnySideUpLife.com in the house for some incredible insight and advice on turning your debt situation around, big or small. Sami’s a mom of three, blogger, budgeting coach and motivational speaker, and a debt-busting superstar!
Moreover, she and her husband smashed their huge $490,000 debt in just four years and we can’t wait for you to learn all about the process and how they achieved their ultimate goal of financial freedom!
Sami and her husband didn’t accumulate their debt any differently than most Americans. When it came down to it, they were living beyond their means and accepting debt as just something that came with their lifestyle choices, and besides, everyone else was doing it too, right?
Credit cards, real estate, and a few ill-advised business ventures and investments contributed to that whopping $490,000. And eventually, there was just no way to live with it.
Things were getting scary, so by the time they’d maxed out their last credit card flying her husband coast-to-coast for the birth of their second child, Sami had enough. Moreover, she knew their financial habits just weren’t cutting it. After enlisting her then-reluctant husband, these high school sweethearts set out for a total financial overhaul.
Naturally, the big adjustment to their lifestyle wasn’t easy on Sami and her husband individually or for their marriage, but in the long run, it’s the best possible thing that could have happened for their family! Now that the tension and hard work has paid off, their family unit is tighter than ever as they’re living their best life, debt-free!
Check out Sami’s blog at http://www.asunnysideuplife.com!
What You Will Learn
- How to target the money mindset for your best results
- How and why Sami and her husband decided to eliminate their debt
- Different ways they tackled their debt
- The importance of teamwork and being on the same page as a couple
- Some of the side hustles Sami and her husband experimented with on their journey
Resources Mentioned
- A Sunny Side Up Life Podcast
- Master Your Money Mind by Amber Lilyestrom
- The Power of Positive Thinking: 10 Traits For Maximum Results by Dr. Norman Vincent Peale
- Cultivate: A Grace-Filled Guide to Growing an Intentional Life by Lara Casey
Thanks For Listening!
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Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.
