I share how my husband and I paid off 0,000 of debt in under 3 years and the 7 tips that helped us in our debt-free journey. If you are someone who is also on your debt-free journey or trying to build financial literacy, I hope this video motivates and encourages you!
If you haven’t yet, please LIKE this video. It really helps the YouTube algorithm as I’m growing my channel!
Thank you so much for watching.
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0:13 — why I decided to make this video
2:44 — our money situation
5:05 — 7 things that helped us in our debt free journey
5:15 — track what you spend
6:30 — pay above monthly minimums and use the snowball method
9:04 — live below your means
10:53 — control the content you consume
12:35 — increase your income
13:41 — don’t give up!!!
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Resources mentioned:
– Aja Dang: https://bit.ly/3dOW8xU
– The Financial Diet: https://bit.ly/3fYWeWj
– CNBC Make it:https://bit.ly/3mzmMP6
– Refinery 29 Money Diaries: https://r29.co/3mypfJA
– Graham Stephan: https://bit.ly/3dUjy4M
– Dave Ramsey: https://bit.ly/3d1AUNX
– Reddit r/personalfinance: https://bit.ly/39Zzm5c
– Reddit r/fire: https://bit.ly/321CCIV
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Personal Instagram: Instagram.com/coffeeandhoneycomb
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Tags:
debt free, debt free journey, debt free scream, debt free now what, debt to income ratio, debt free millennial, debt free living, debt free Dave Ramsey, debt free Aja dang, millennial money, millennial money graham stephan, millennial money moves, financial literacy, financial education, financial freedom, financial diet, should I pay off my debt or invest, should I pay off my credit card, should I pay off student loans, should I pay off debt early, how to get out of debt, how to get out of debt fast, what should I do with my money, what should I do with 1000 dollars, what should I do with 10k, generational wealth, Korean American, aapi, api, Asian American
I used to publicly share all of my goals. I’d broadcast my new years resolutions every year on YouTube, Instagram, and on FaceBook. Over the years, however, I discovered that after I’d shared my goal with my viewers, I’d be less motivated to reach those goals, because I felt as if I’d already met it. Then I heard a TedTalk by Derek Sivers, an entrepreneur, who shared research dating back to the 1920’s, that indicated that people are less inclined to reach their goals after they’ve shared them with others.
In this video I talk about how I no longer share my goals on social media. For the past several years I’ve found that this helps me to work harder to achieve my goals. I challenge you to try not to share your next goal with others, and see if it impacts how fast (or if at all) it helps you to reach it.
#DebtFreeDana #FrugalLiving
How We Stopped Living Paycheck to Paycheck https://youtu.be/HFofLtL_Dqo
Pregnant? We cloth diapered 3 of our 4 kids, and estimate we saved THOUSANDS of dollars. In fact I started my YouTube channel as “MsDiaperD”, sharing over 80 cloth diaper video tutorials. https://www.youtube.com/playlist?list=PLCcb1sUywdhMDvUOUnp3osrFOZNXGpped
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Hey there! I’m Dana. I’m a wife and Mother to 4 kids, including twin boys and two girls. I work full time outside the home in finance as a Corporate Accountant, but enjoy sharing my personal and parenting journey online. We live in the Philadelphia area.
Follow Me on Instagram @DebtFreeDana
*Please be advised that some of the links above are affiliate links and I do receive a very small commission if you make a purchase using those links. I appreciate your support if you do, and if you don’t – no worries. We’re still buds. HUGS!
‘Marty Gots a Plan’ by Kevin MacLeod (incompetech.com)
Licensed under Creative Commons: By Attribution 3.0
http://creativecommons.org/licenses/by/3.0/
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