Want to become debt free, but you haven't figured out how to do it together? Here's what you need to know to knock out your debt faster!
Debt Free TogetherI've yet to meet a couple who became debt free by accident. I mean it's kind of easy to slip into credit card debt or take on loans because that's considered normal.
But to move away from that mentality takes effort. And being a couple, you have two minds to shift.
There are things to consider together. Like your approach. Do you gravitate towards earning more money to knock out that debt or do you find it easier to slash your expenses? How fast do you do it? How do you two work as a team and use your personal talents to knock this debt off?
Every couple has their approach, so what worked for us might not work for you. Which is why I love chatting with others and hearing how they did it.
John Wedding, the creator of Mighty Bargain Hunter, is on the show today to offer his take. He and his wife are debt free except the house.
In this episode, we get into:
- how things shift from being solo to a couple
- why debt free was an important goal to them
- how they work as a family to be smart with their money
Hope you enjoy!
Resources to Dump Your Debt FasterTired of being in debt? Here are some resources to help you dump it.
- Debt Free Charts
- Attacking Debt: Which One First?
- The Great Debt Dump: Running Toward Financial Freedom with the Power of Community
- Which Debt Payoff Method Is Right for You?
- 5 Books to Motivate and Guide You to Become Debt Free Faster
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- Stop fighting about money and create a budget that you BOTH LOVE
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Music CreditLike the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.