5 tips for DEBT FREE LIVING | Even on only 1 income | Our DEBT FREE story
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- เผยแพร่เมื่อ 5 ก.ค. 2024
- We purposed to get out of debt several years ago. It was a journey and we learned a lot about our spending in the process. Now, we are passionate about remaining out of debt. I hope these 5 tips will encourage and motivate you on your debt free journey! #debtfree #debtfreejourney #budget #budgeting #moneymanagement We are Mary and Casey! Follow along for videos on cooking from scratch, gardening, food preservation, and homesteading. We are so happy you are here!
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0:00 Introduction
2:31 Make and keep a list of your debt
4:39 Choose 1 bill to pay extra on each month
6:46 Don't go in debt while trying to get out of debt
9:41 Make a written budget with priorities
11:28 Celebrate every victory no matter how small - แนวปฏิบัติและการใช้ชีวิต
I love how transparent you are and your tips from cooking, baking to becoming debt free are such a blessing!
What a great testimony of God blessing your faithfulness! I'm so impressed that when you started your debt-free journey and even today you place your tithe at the top of the budget. God bless you as you continue in your blog (I call it a ministry).
Oh my, what kind and thoughtful words. You made my day! God surely has blessed us and we are so thankful! Thank you so much!
I was $35k in credit card debt and that’s exactly what I did. Paid the smallest to the largest, and you’re right, it’s the best feel ever to pay them in full. Thank you for making this video.
That is awesome! Congrats! Thanks so much.
Thank you, Mary! When we got the Covid relief checks, I was able to start paying off a credit card that I just had not made ANY progress on. I was over the limit on it, and even though I kept paying extra, the interest was accruing faster than I could pay extra. I know exactly what you mean about that feeling of motivation that happens when you see the balance go down, finally. The wonderful thing for me, and I'm sure others, is that the less bills I have, the more money I can apply to paying off the remaining ones. I will soon be working on my home equity loan, which is my biggest bill, and I'm ready!
That is just great! It will be worth the work!
I used to listen to Dave Ramsey on the radio, He had the same tips. People would call in when they had paid off all their debts. He would be so excited for them, no matter if the debt was $1000 or $100,000. So your tips really do work!
Thanks so much for watching! It is very exciting to pay off debts!
Thank you for sharing this. My husband and I are debt free too
(while living on one income)and it is awesome. I am enjoying your channel.
Thank you! Yes, it's a wonderful feeling!
You have really motivated me with your 5 tips to becoming debt free! I’m getting my list together today and will work hard to see success. Thank you for encouraging all of your viewers. I love watching your videos 😊
Oh that is just AWESOME! I'll be over here cheering you on! Thank you so much for watching!
Try and build an emergency fund if you can. Even if it's only a small amount each month put it to one side so if you need to have something repaired you can pay cash and not have to put it on credit. It's a good habit to get in to.
Great tip! I totally agree!
Great tips, we’re so thankful to be debt free.
Yes, we are too! Thanks!
Thanks for sharing this very motivating and inspirational video. Enjoying watching your videos.
Thanks for watching!
These are fantastic tips Mary, thank you so much!! I love your videos & am very much looking forward to being debt-free.🙏❤💰
Thank you!!
Great tips and video! I really enjoy watching your videos. I make your sour dough biscuits very often and we all love them! I use my organic whole milk kefir for the milk. It is my favorite sour dough recipe. May God bless you and your family.
Oh, that sounds so good! I haven't gotten into making milk kefir yet. But I'm definitely going to have to now! Thanks so much for watching and God bless!
This is such good advice!
It works!❤
Thank you so much for watching!
Great tips! I do the same thing by applying extra on the smaller ones, then transferring that money to another bill when that first one gets paid off. Just paid my smaller one off this month...woo hoo! Now to pay off the credit card, then the car.
Oh, that's great! Hooray for you!
Such an awesome and informative video ❤
Thank you so much!
Great tips! So happy for y’all! We completed out debt free journey in 8 yrs. That mortgage pay off felt like a ton of bricks lifted off my hubs. My frugalness is in my genes lol so it didn’t hurt me doing w/o extra things like it did my hubs at times but he got on board nonetheless and is grateful he did. We will never be a slave to debt again! Unless emergency like you said.
Isn't it just the best feeling?! I think frugality is a wonderful quality!
@@TheRoseHomestead it’s the way God intended us to live, I’m sure of it☀️
Now that you and your family is debt-free, you can now concentrate on growing your wealth!
It sure does feel good to be able to put some back now!
If i have the money to pay off my car, should i just do it but have a dent in my savings?
That's a tough one. We actually have done that with the truck we had to purchase, however, if it had taken more than half of our savings, j would have been a little more reluctant. If memory serves me, we had received our taxes and it was nearly enough to pay it off so I just took the rest from savings. I would say to just crunch the numbers and make sure you are keeping enough in savings for emergencies and replace what you took out as soon as possible. Hope this made sense and helps you!
@@TheRoseHomestead thank you! By the way.. I’ve made a few of your bread recipes… they rarely make it one whole day!… a big hit in our home! ☀️♥️
Oh, that's great! I'm so glad!