The Debt Pay Off Podcast for Women

125. 3 Common Obstacles On Your Debt Free Journey and How to Avoid Them


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Welcome to the September 13 episode of Messy to Magnetic, hosted by money mentor and financial coach Katy Almstrom. This episode features the insightful and transformative Day 3 session of Katy's "Break Up With Your Credit Cards Challenge," streamed live in her Facebook group. In this enlightening episode, Katy delves deep into the debt-free journey, addressing the most common challenges women face when attempting to break up with credit cards and manage their financial obstacles.

Key takeaways include strategies for handling unexpected life events without resorting to credit cards, the importance of using savings wisely, and the power of maintaining consistency in your spending and saving habits. Katy also provides an in-depth overview of her life-changing Moneywise Mastermind program, designed to help women joyfully pay off their debt, create guilt-free spending plans, develop effective savings strategies, and achieve financial freedom without the constant stress of money worries.

Common Challenges in a Debt-Free Journey:

  • Life Happens: Be prepared for unexpected expenses and be willing to pause debt repayment or savings temporarily instead of resorting to credit cards.
  • Fear of Using Savings: Don't be afraid to dip into your savings for necessary expenses to avoid accruing more debt.
  • Consistency: Maintaining new spending habits and sticking to a spending plan for at least 90 days is crucial for financial progress.

Listeners will gain valuable insights into creating a sustainable spending plan, understanding the nuances of saving while tackling debt, and reprogramming their money mindset for long-term success. Whether you're a woman entrepreneur or anyone looking to improve financial health, this episode is packed with practical advice and actionable steps to transform your relationship with money. Don’t miss out on this opportunity to turn your messy financial situations into magnetic financial success!

Join the Moneywise Mastermind Waitlist here: https://www.katyalmstrom.com/mm-waitlist


Connect with Katy:

IG: www.instagram.com/katy_almstrom
FB Group: www.facebook.com/groups/networthwoman

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The Debt Pay Off Podcast for WomenBy Katy Almstrom

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