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Taking the plunge into paying off debt can be intimidating. Especially when you owe a lot. Karisa can relate to that feeling. She shares about how she moved past it, and how she came up with her debt payoff strategy.
In this episode, you’ll hear:
- What kinds of payoff plans she considered
- Why she was nervous about starting this debt payoff journey
- Which conversations and people motivated her
- How it felt to make her first large debt payment
Spoiler alert! Chi-En asked Karisa if it was easy to make her first debt payment and she said…”No!”
– Chi-En and the Goodbudget Team
P.S. Are you considering tackling your debt? What kinds of plans have you considered? Let us know in the comments below.
Podcast: Play in new window | Download
Show Notes:
- Debt Snowball Explained in Jelly Beans
- Reflection question: Is there something you want to make space for in your budget? Something you want to prioritize? Tell us in the comments below!
Music Credit: “Curiosity” by Lee Rosevere is licensed under CC BY 2.0
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1 thought on “Creating a debt payoff plan”
First episode of this podcast that I have listened to. I had high hopes, until the host had to be told the difference between a snowball and an avalanche and talk what those things were – and then the guest didn’t know what the word “austerity” meant. I guess there are other options that are more knowledgeable.