My Shameful Debt Confession UPDATE | It’s Worse Than I Thought

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  • Опубліковано 18 гру 2024

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  • @BudgetToFreedom
    @BudgetToFreedom  2 дні тому +4

    Share where you are on your debt free journey and your time line to pay it off- I’d love to cheer you on.

  • @elizabethgrant1155
    @elizabethgrant1155 День тому +8

    Please don’t be ashamed. You have nothing to be ashamed of. You owned it, and you’re trying to get out of it. That is what matters, just do all you can, pay it off as fast as you can. That is all you can do. Everyone starts somewhere. The fact that it is your second debt journey means that you got out once. You can do it again. You got this. :)

  • @michelemcgill1720
    @michelemcgill1720 23 години тому +4

    Greetings from Australia. You have done so well. We have $72000 worth of debt. It is all our mortgage. We hope to have this paid off in 1yr.

  • @budgetfor5withstephanie
    @budgetfor5withstephanie 21 годину тому +3

    congrats on ur payoff since august! thats amazing!

  • @FormingNewHabits
    @FormingNewHabits 31 хвилина тому

    Heyyy girl! You're making great progress 👏🏾👏🏾👏🏾 It's so important to see the positive side and just get what we need to get done! Take it one day at a time 🙌🏾 Amazing job on the payments on your student loan! I'm so happy for you 🩷🩷

  • @Mimibudgets
    @Mimibudgets 3 дні тому +4

    Look at that student loan going down! Great job!! I'm right there with you ~ I love how positive you are. You are doing great!!

    • @BudgetToFreedom
      @BudgetToFreedom  2 дні тому

      Thank you Mimi! It’s been years in the making. I can’t believe I’m so much closer now.

  • @terrynorman1222
    @terrynorman1222 9 годин тому

    Don’t be ashamed ! Give yourself some grace cause life happens! At least you’re checking yourself regrouping and have a vision and plan !!! You got this 💪🏾💪🏾💪🏾stand strong- We ALL can fall down , but the fact that you’re getting back up an pushing forward that’s the push and drive and your WHY is QUITTING THAT CORP JOB!!!! You got this!!!!👏🏽👏🏽👏🏽👏🏽👏🏽

  • @barbaralynnbudgets8801
    @barbaralynnbudgets8801 День тому +1

    New subscriber here. I’m excited to watch your debt, free journey.

  • @apav4347
    @apav4347 День тому

    Congratulations!! Amazing change from August to now!!

  • @nancykay4128
    @nancykay4128 18 годин тому

    You really understand how challenging it is to pay for debt and we already have so many essentials we must pay for each month

  • @SmecaWash
    @SmecaWash 3 дні тому +4

    Great debt payoff it takes a lot of discipline and hard work to be able to pay this amount so quickly, I started at $103k, about $48 in loans and credit cards so I know how you feel with this amount of debt I am down to about $11k left and I started in Jan 2023, so keep at your plan. I have $56k in student loans and was holding and hoping for forgiveness but since that’s not happening I am going to start paying a great deal down to the student loans well at least that’s the plan. The plan for 2025 is paying off the remainder $11k so I can be completely consumer debt free and then start on the student loan. Looking forward to your journey!!

    • @BudgetToFreedom
      @BudgetToFreedom  2 дні тому

      Thank you! WOW that is so good paying off so much since 2023! You’re killing it! Good luck with your student loan payoff. You got this!

  • @thehopefulbudgeter
    @thehopefulbudgeter 2 дні тому +1

    Happy Monday hun! Here tuned in. ☁️☕️✨🎉 so proud of u for cutting back on expenses and tracking it all! Boss moves.

  • @angbudgetanddebt
    @angbudgetanddebt День тому

    Hello. Listening before bed! You have a great plan. Thank you for sharing

  • @LoveBudgetingCo
    @LoveBudgetingCo День тому

    New Subbie Here! Congratulations on the debt payoff progress.

  • @BoopnBudgets
    @BoopnBudgets 2 дні тому +1

    Hey sis! You’re doing great! One step at a time 😊
    Great strategy and it’s all about staying positive and putting your plan in action! 🎉

    • @BudgetToFreedom
      @BudgetToFreedom  2 дні тому

      Thank you for always supporting! You’re the best, Irene!

  • @Glammmahgotguts
    @Glammmahgotguts День тому

    Good day. New subbie here. Great video. You’re on the road to the Freedom you desire💜💜💜

  • @CoffeeNBudgets
    @CoffeeNBudgets 15 годин тому

    You paid off debt once, you can do it again. Keep chipping away at that debt. You have made great progress. I have about $4500 left and plan on paying it off next year. Then I can focus on retirement and my kids future as well!

  • @NichellesBudgetWorld
    @NichellesBudgetWorld 3 дні тому +1

    I’m in about 30k in debt ….mainly it stems from credit card debt and student loans. I would love to clear it all up in the next 2-3 years. I too left a corporate job without a real plan and I’ve suffered as a result of my decision.

    • @BudgetToFreedom
      @BudgetToFreedom  3 дні тому +1

      Really, if you don’t mind me asking what would you have done differently before leaving your corporate job? 30k with a 3 year payoff plan is great! I know you’re going to get to get there. We got this!

    • @badlands9100
      @badlands9100 3 дні тому +1

      I think you took a risk and didnt allow fear to be abarrier. Good for you for branching out and trying. Know that you did not fail for trying..!So-good for you!

    • @NichellesBudgetWorld
      @NichellesBudgetWorld 2 дні тому

      @@BudgetToFreedom I would’ve saved more, paid my debts off or paid them down as low as possible. I would make sure I was the best version of myself mentally as well. I just didn’t plan well at all.

  • @DawnsSunriseBudgeting
    @DawnsSunriseBudgeting 2 дні тому +1

    Hi!!! Returning the subscribe!! My debt confession was the hardest to do!!

    • @BudgetToFreedom
      @BudgetToFreedom  2 дні тому

      Thank you! OMG it’s so hard to finally just face it and see all the numbers.

  • @terryhenderson424
    @terryhenderson424 День тому

    On that Toyota car loan, call or poke around your payment portal. Many are finding tjat they can make principle-only payments. Making principle-only payments wont change the monthly minimum due nor the monthly dollars of interest paid. But it will speed up early retirement of the loan and give you more negotiation wiggle room should you run into a problem.

  • @aspiringnetworkengineer1704
    @aspiringnetworkengineer1704 3 дні тому +1

    New sub here! Wow amazing debt payment progress!!!

    • @BudgetToFreedom
      @BudgetToFreedom  3 дні тому +1

      Thank you for the support, I truly appreciate it!

  • @Cocacabanabudgets
    @Cocacabanabudgets 18 годин тому

    Great job, definitely took a lot of discipline!

  • @MichellesOrganizedBudget
    @MichellesOrganizedBudget 2 дні тому +1

    Great video and very motivating. New subscriber here. You will be successful because you have a strategy for success.

    • @BudgetToFreedom
      @BudgetToFreedom  2 дні тому

      Thank you, Michelle! I appreciate your kind words!

  • @lailaflowers1501
    @lailaflowers1501 2 дні тому +2

    New subscribers 🎉🎉

  • @She_has_got_it
    @She_has_got_it 7 годин тому

    Hi beautiful thx for sharing wow u r doing amazing ❤also love yr nails great video

  • @michelle-estateoforder7808
    @michelle-estateoforder7808 21 годину тому

    Are you a single income household? If not then is your partner on board with the budget and plan?

  • @terryhenderson424
    @terryhenderson424 День тому

    You should be proud.

  • @budgetfor5withstephanie
    @budgetfor5withstephanie 21 годину тому

    Hi, it was difficult to see what you were writing, could you zoom in a little more for the ppl in the back lol.