If you’re in the camp of “Damn, I don’t want to see my credit card statement in Jan” then listen up (well don’t actually listen, but read below) 💸

The concept of getting out of debt is simple, but it isn’t easy to execute. Find out how using these three techniques help you pay off and eliminate your debt:

👉 Snowball Method: pay off your debt with the smallest minimum payment then move on to the next

👉 Avalanche Method: pay off the debt with the highest interest rate first and work your way down through the next balance owing

👉 Debt Consolidation: use lower interest rate debt to pay off higher interest rate debt (i.e use your 4% Line of Credit to pay off your 20% credit card)

Pick a technique that works best for your lifestyle. The hardest part is just getting started.

Let’s dig a bit deeper into each one using the following example

If you're interested in learning more about getting your financial house in order and how to set up your financial life, please register for the recorded beginner course.