Financially Free with Cleo

Paying Off Debt Faster (Cleo Childress)


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On Episode 9: "Paying Off Debt Faster" I'm sharing tips on how to pay off debt faster so you can live the lifestyle you desire.

 

Yes you can most definitely live a great life while paying off debt, but most of the time debt can be a barrier between the life we have now and the financial lifestyle we desire.  

 

Larger debts such as a mortgage may take the longest to pay off, but it can be paid off early too. Let's get those other debts out of the way first, such as credit cards, payday loans, title loans, auto loans, personal loans, medical debt, student loans, taxes, child support, etc. 

 

You may be thinking, what's the rush Cleo? I have plenty of time to pay off my debts. Well that sounds great, but the reality is we don't have plenty of time. The best thing we can do is appreciate each day, be grateful and also take action every day that pushes us closer to our debt free goal. 

 

Just think about how you would feel if you were debt free right now. What would you do with your time, energy and money if you have no debt payments?

 

In this episode you will learn how: 

 

04:50 - Your mindset controls your daily actions

 

06:50 - The debt snowball method allows you to get quick results

 

10:28 - Budgeting helps you understand what you're working with 

 

11:55 - Increasing income gives you more options

 

14:17 - Saying NO pushes you closer to your debt free goal

 

The Financially Free with Cleo Podcast is available on Apple Podcasts, Spotify, Google Podcasts and PodBean: https://www.cleoyogafinance.com/podcast

 

It's also on YouTube at Cleo Yoga Finance. Watch here: https://bit.ly/33NJYRp

 

If you enjoyed this episode, please subscribe, share on social media and tag @cleoyogafinance or leave us a review.

 

To help you make some adjustments in your life to prepare you for your debt free journey, check out Episode 5: "Boundaries" https://youtu.be/BrJfsxaklLc

 

We appreciate your support. See you next week!

 

Website https://www.cleoyogafinance.com/

 

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Financially Free with CleoBy Cleo Childress

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