Susie and Bill were feeling financially suffocated by many many layers of mandatory payments - credit cards, loans, auto-payments, student loans, etc. By creating a Dave Ramsay style Debt Snowball, we set up the payment plan in such a way that smaller bills were getting completely paid off every 3-4 months. We used these small wins to accelerate the snowball effect. Susie and Bill could see the pathway to being debt free 15 years faster than originally planned.
Are you drowning in debt? Or perhaps you just want to get a better handle on how to manage the debt you have. In this episode Mary Sterk presents simple strategies to manage your debt in effective ways.