How to Pay Off Debt FAST (even on a Low income)
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- Опубліковано 27 вер 2024
- How to Pay Off Debt FAST (even on a Low income)
Paying off debt fast even on a low income will hugely help you get back into control of your finances and then start to build wealth. I will break down some of the ways we have personally pay off debt in the past, how to change your money mindset so that you no longer add to the debt and move forward, and the tools and tips that I used to pay off £24k worth of credit card debt in 3 years.
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DISCLAIMER - Any advice given in on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a Finance adviser before undertaking any investment with your money or change to your financial activities.
TAGS : #financialknowledge #payoffdebtfast #moneytips
I'm about 9k I'm debt will take me about 10 months to clear. It's been hell. But I can do it. October 2023 will be done ✔️. Thank u for the video.
good vid! i am using the debt snowball .. a few months in now and im feeling really good about paying my smaller debts first. It's no longer a question of if i get out of debt but rather when?! Im starting to have hopes and dreams again. Okay well, see you around youtube. Thanks!
Hey Jennifer, I've been watching your videos for a while now and just wanted to say thanks. They've been really useful and very helpful in understanding my financial situation and how to change it, and I appreciate you explaining things in an understandable way :) hope you keep going!
I can't concentrate with that beautiful accent. Wooow its amazing!! Great video by the way.
I’m doing the snowball-ish method. I have to pay the 3rd largest debt first as it’s costing us money in interest. What I’ve done to help me feel like something good is happening is I’ve drawn up a chart to show our progress. It’s always good to have a visual to motivate.
Thank you for coming into my life........i can't thank stop thanking you for fixing my credit
This was very helpful and the mindset is very important as I’ve always been brought with the mindset of debt is bad.
Thank you for posting such an informative and accessible video, I really appreciate it! ❤️
I have been watching loads of your videos lately and it's been amazing. Completely changing my mindset with money. I have a few grand worth of loan debt that I was just paying my monthly payments but will definitely see if I can pay an extra 10%!
Debt snowball is a good one I feel. 👍
Thank you for video
I have no debt other than a mortgage. And this month have just saved my 6 month emergency fund. What do you suggest I do now? Thanks
Ben Laing Watch Dave Ramsey baby steps or Ken Hogan on You Tube or read there books.
Attack your mortgage most definitely!!!
Love your videos
Great video
When you talk about credit card repayments and about paying 10% more, do you mean 10%of the outstanding amount or 10% more of the minimal payment?
I pay 10% of the monthly payment due extra
MamaFurFur thank you. Your videos are fantastic😍
Hello Jennifer do you have any ideas to save money on credit card spending as in points especially for online etc.
Your teeth are perfect.
❤️
Thank you for coming into my life........i can't thank stop thanking you for fixing my credit.........................
This is so helpful! Thank you! I’m relatively a new subbie! However I want to hear more on what you said about paying e.g 10% on top of mortgage?
Superwoman love your videos I'm a new subscriber and already a fan 👍😃
Great vid and encouraging.
I like the 10% extra on the payments. That makes it logical and it sounds achievable.
I want to ask for advice, but the question will be complicated.
Thanks Jen this video is very helpful
Glad it was helpful!
Well done getting onto moneybox
Thank you so much - was good fun to get a few questions and answers in for Radio 4