Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,0 ftdebt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Regina Nelson has really set the standard for others to follow, we love her here in the Uk 🇬🇧 as she has been really helpful and changed lots of life's
I just paid off over $30k of debt off in 6 months. It stressed me out and kept me up at night but I’m telling you, after paying it all off I feel good going into a new year able to have a positive net worth for once. If I could do it, so could you!
I got a part time at Walmart!! Extra income after my 9-5 job only 20 extra hours at Walmart but I was able to pay off down a lot of my debt. I’m still in the journey but listening to this show lite up so much in me. Thank you for all the help my god bless 🙏🏻
I donated plasma twice a week for 8 months straight (in addition to everything else.. cutting expenses, side gigs, etc). FINALLY DEBT FREEEEEEEE!!!!!!! 🎄
I consider myself a Ramsey follower even though my emergency fund is 8,000, I meet the 401k match while paying down debt, and avalanche instead of snowball my debt. I feel Dave approved because if he knew me personally I feel he would approve. I have several advanced degrees in math and statistics. So avalanche gives me much more satisfaction and motivation than snowball. I love Dave and his crew that have helped me go from -550k to +500k net worth in 6 years!
Jan 2024 started a no-spend-year. Paying off debt that way. It really works. We actually just made a strict budget-not really no spend. But stuck to it!
I will be 100% debt free no later than April 17, 2025. Would have been sooner but I am going to start taking advantage of my company's 401k 1/1/25 as I was hired in two weeks too late to start during the July '24 sign up period.
These are the types of topics my channel will be about. I used the advice of UA-camrs to pay off over $32k in CC debt. It really works and the snowball system is addictive and provides a sense of accomplishment as you go. Great advice, Rachel. Let’s Help One Another
What's the percentage amount taken out from my take-home pay. I'm already doing 15% towards savings. I had 3 debts up until last week, and I paid off my Kohls card. I'm left with only two left ($450 credit card) and $350 loan. Is there a set percentage for debit pay-off I should use? I know to take my $29 minimum payment from kohls and put that in to my next lowest to attack. Do I need to put in more money? Cause only paying $50 doesn't seem right as far as attacking a loan. Is that aggressive enough? Thanks for any help and answers.
I have plus balance of 500-1000€ in my credit card. I've got 0€ payment letters in mail for 10 years now since I got that card 😊 It's free and an extra 2000€ liquidity if I would ever need it.
@mjones1122 so yes for i should settle them and get them out of the way? Retirement rate 8%, but that'll be money not making money but at least it won't be paying the high interest. Your thoughts?
We’re debt free but I’m not happy. I’m not happy that I feel like I can’t experience things. We still don’t have enough for me to be able to work (daycare is more than my teacher income), we still can’t travel. Yes I can wait to travel until I’m 65, but what if I get sick… all the kids in my kids class are going to Disney World while we go to the Wally World… the moms have Uggs and Lululemon leggings and I’m here in my $29 sketchers and thrifted leggings
Until you find out the kids/parents are going to Disney World spent on their credit card. Don’t worry what other people are doing and don’t try to keep up. Focus on your journey
@ I do but sometimes it hurts when my kids are disappointed again when they hear our non vacation plans. Especially yesterday my son actually teared up because he doesn’t want to be bored again. All his friends are usually gone.
I'm 40yr old and you know what we got for being bored? More chores or tasks to do around the farm, you have no idea how many "toys" i had that were sticks, if my daughter's tell me they are bored then i tell them to find a project to do or get outside and find something to do. Our society is so lazy and whinny. Go ahead and sink yourself in debt so you can have the things you want and be happy now but don't complain later.
Comparison is the thief of joy. Stop looking at what other people are doing and be thankful for your life. Do a staycation. Have frequent family board game nights. Buy popcorn kernels and make a special family movie night. It's winter, so make paper snowflakes and hang them from your ceiling (a huge thing of coffee filters is still rather cheap). Etc, etc, etc. Don't look out, look within and find your joy.
@@evnd1806 ironically I’m 39 so close to 40. My kids find things to do but when all their friends are gone, that’s when they’re bored. I’m not whiney at all but there is such a thing as being unhappy. I hate where we are stationed now as a military family. I’m very alone and isolated.
One of the things that I heard when trying to start saving is to treat it like a debt. Any extra you get regardless of amount goes into the savings. The same way you would use it to put onto your debt. If you look at it and treat it like a debt you get into the mindset of not just the regular amount you might put in but doing the side hustles to get it to build faster.
So. If you have a $15,000 car loan at 0% interest. And a credit card at $20,000, and 22% interest. You pay off the car first Got it Totally the “fastest way to pay debt in 2025”
How do most of you guys still balance life, even with the downturn of the economy and ever increasing life standards. I pray that anyone who reads this will be successful in life✊🙏🇺🇸
My journey with her started after my best friend got back from New York and saw me suffering in dept then told me about her and how my life could change through her. Agnes Peterson is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!.: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
YES!! That's actually her name (Agnes Peterson ) so many people have recommended highly about her and I'm just starting with her😊from Brisbane Australia 🇦🇺
I'm glad you made this video it reminds me of my transformation from a nobody to good home, $34k monthly and a good daughter full of love..
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
wow this awesome I'm 47 and have been looking for ways to be successful, please how??
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,0 ftdebt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
Regina Nelson has really set the standard for others to follow, we love her here in the Uk 🇬🇧 as she has been really helpful and changed lots of life's
Life is easier when the cash keeps popping in, thanks to Elizabeth Regina Nelsen's services. Glad she's getting the recognition she deserves
I just paid off over $30k of debt off in 6 months. It stressed me out and kept me up at night but I’m telling you, after paying it all off I feel good going into a new year able to have a positive net worth for once. If I could do it, so could you!
It feels so good to live every single day without any debt. not owing anyone. 2 years of living debt free and bought the first Airbnb this year.
Just paid off my mortgage on Monday!! LFG 💪
Wow, that's amazing, congratulations, now go build wealth like never before.
Sounds awesome, broski
Ayyyye Congratulations I can't wait to pay mines off in the name of Jesus 3 to 5 years for me
I got a part time at Walmart!! Extra income after my 9-5 job only 20 extra hours at Walmart but I was able to pay off down a lot of my debt. I’m still in the journey but listening to this show lite up so much in me. Thank you for all the help my god bless 🙏🏻
I donated plasma twice a week for 8 months straight (in addition to everything else.. cutting expenses, side gigs, etc).
FINALLY DEBT FREEEEEEEE!!!!!!! 🎄
May I ask what was the average you received?
Congratulations!!!
I too have donated plasma twice a week for many months to fund our vacation account. It's a good way to bring in some extra cash.
@@jaynebirkholz1596How much are you paid each donation, if you don’t mind sharing
I consider myself a Ramsey follower even though my emergency fund is 8,000, I meet the 401k match while paying down debt, and avalanche instead of snowball my debt. I feel Dave approved because if he knew me personally I feel he would approve. I have several advanced degrees in math and statistics. So avalanche gives me much more satisfaction and motivation than snowball. I love Dave and his crew that have helped me go from -550k to +500k net worth in 6 years!
Jan 2024 started a no-spend-year. Paying off debt that way. It really works. We actually just made a strict budget-not really no spend. But stuck to it!
I will be 100% debt free no later than April 17, 2025.
Would have been sooner but I am going to start taking advantage of my company's 401k 1/1/25 as I was hired in two weeks too late to start during the July '24 sign up period.
Congratulations in advance
These are the types of topics my channel will be about. I used the advice of UA-camrs to pay off over $32k in CC debt. It really works and the snowball system is addictive and provides a sense of accomplishment as you go. Great advice, Rachel. Let’s Help One Another
It’s mathematically impossible for me to become debt free this year but still watching as if it’s a real possibility 🙃
I think many are in the same boat...just do the best you can and don't be discouraged. You don't have to do it all in a year.
Change your lifestyle in all aspects of life like renting a room, get a second job, no eating out, sell your car and use public transportation etc.
Is there a community group I can join? I have a personal loan, me and my wife’s car and mortgage left to pay off
What's the percentage amount taken out from my take-home pay. I'm already doing 15% towards savings.
I had 3 debts up until last week, and I paid off my Kohls card. I'm left with only two left ($450 credit card) and $350 loan.
Is there a set percentage for debit pay-off I should use? I know to take my $29 minimum payment from kohls and put that in to my next lowest to attack.
Do I need to put in more money? Cause only paying $50 doesn't seem right as far as attacking a loan. Is that aggressive enough? Thanks for any help and answers.
I’m not getting rid of my credit cards. Thank God I have discipline. Debit cards are harder to dispute.
I have plus balance of 500-1000€ in my credit card. I've got 0€ payment letters in mail for 10 years now since I got that card 😊 It's free and an extra 2000€ liquidity if I would ever need it.
Should I try to settle each of my cards and pay with retirement loan? I have a1 for 1 match up to 6%
How much is the interest on your cc? If your interest is higher than 12% than your're losing money. If your interest is 22% you are losing 10%.
@mjones1122 so yes for i should settle them and get them out of the way? Retirement rate 8%, but that'll be money not making money but at least it won't be paying the high interest. Your thoughts?
How do I get my wife to see the light when she's a master of justification of why we spend on food, kids, activities, holiday gifts, coffee etc.
I’m debt free have a great savings 76 and plan on spending quite a bit on travel this year
Take me with you, Nance!
@ please don’t can me that
We’re debt free but I’m not happy. I’m not happy that I feel like I can’t experience things. We still don’t have enough for me to be able to work (daycare is more than my teacher income), we still can’t travel. Yes I can wait to travel until I’m 65, but what if I get sick… all the kids in my kids class are going to Disney World while we go to the Wally World… the moms have Uggs and Lululemon leggings and I’m here in my $29 sketchers and thrifted leggings
Until you find out the kids/parents are going to Disney World spent on their credit card. Don’t worry what other people are doing and don’t try to keep up. Focus on your journey
@ I do but sometimes it hurts when my kids are disappointed again when they hear our non vacation plans. Especially yesterday my son actually teared up because he doesn’t want to be bored again. All his friends are usually gone.
I'm 40yr old and you know what we got for being bored? More chores or tasks to do around the farm, you have no idea how many "toys" i had that were sticks, if my daughter's tell me they are bored then i tell them to find a project to do or get outside and find something to do. Our society is so lazy and whinny. Go ahead and sink yourself in debt so you can have the things you want and be happy now but don't complain later.
Comparison is the thief of joy. Stop looking at what other people are doing and be thankful for your life. Do a staycation. Have frequent family board game nights. Buy popcorn kernels and make a special family movie night. It's winter, so make paper snowflakes and hang them from your ceiling (a huge thing of coffee filters is still rather cheap). Etc, etc, etc. Don't look out, look within and find your joy.
@@evnd1806 ironically I’m 39 so close to 40. My kids find things to do but when all their friends are gone, that’s when they’re bored. I’m not whiney at all but there is such a thing as being unhappy. I hate where we are stationed now as a military family. I’m very alone and isolated.
One of the things that I heard when trying to start saving is to treat it like a debt. Any extra you get regardless of amount goes into the savings. The same way you would use it to put onto your debt. If you look at it and treat it like a debt you get into the mindset of not just the regular amount you might put in but doing the side hustles to get it to build faster.
Pay off mortgage fast. Is that 2 people income because I don’t see that money adding up
Use a budget scheme
Personally I like the Richest Man In Babayan's formula. With your income; 10% to investments, 20% to debt and 70% to his wife to run the household.
Well hey you guys
Are you ready to help me tomorrow!! ?
Make a lot of money? Yeah that would be cool oh
I really cant stand the term "side hustle". It sounds like a kid thing. Im not a kid
❤❤❤❤🖒👈💏
So. If you have a $15,000 car loan at 0% interest. And a credit card at $20,000, and 22% interest. You pay off the car first
Got it
Totally the “fastest way to pay debt in 2025”
How do most of you guys still balance life, even with the downturn of the economy and ever increasing life standards. I pray that anyone who reads this will be successful in life✊🙏🇺🇸
Amen. I don't know how to describe my joy of being successful, if I haven't tried trading with Expert Agnes I'd never get to know
My journey with her started after my best friend got back from New York and saw me suffering in dept then told me about her and how my life could change through her.
Agnes Peterson is the kind of person one needs in his or her life! I got a home, a good wife, and a beautiful daughter. Note!.: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!
YES!! That's actually her name (Agnes Peterson ) so many people have recommended highly about her and I'm just starting with her😊from Brisbane Australia 🇦🇺
Isn't she the same Mrs Agnes Peterson that my neighbors are talking about, she has to be a perfect expect for people to talk about her so well.
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimony on CNBC news last week.