Credit Card Debt
How to get rid of it FAST
Jennifer describes ways of how to overcome Credit Card Debt with tactics to achieve this goal
Money Stacks Method spreadsheet
Budgeting
She has a Spreadsheet tool that helps viewers tackle their Credit Card debt.
She also emphasizes how anyone can achieve this goal, regardless of your Budget, as it’s how money is handled that clears people’s debts.
Jennifer’s goals are based upon real-life experiences of her inheriting her husband’s debts.
Because they’d had a Positive credit history, they had more flexibility to clear their debt.
Jennifer’s Credit Card Debt Blog
Closing Off Debt
She explains how they closed off their 5 year debt in Three years due to a lot of perseverance.
Whether Mortgage debt, Credit Card debt or other types of debts, Jennifer guides you in how to overcome debts.
Bankruptcy is best as a very last resort, if all other options fall through, but as a general rule, there are various other options that avoid bankruptcy to completely clear off debts.
Making a minimum payment is one option, but paying off debts in as large amounts as possible is more feasible so that, if Interest is involved, you have a lower rate of Interest to pay off in addition to the debt, itself.
The Snowball method, the Avalanche method and the 10% Rule
Among other methods to attack debt, there are the following:-
- Snowball method
- Avalanche method
- 10% rule
Jennifer’s downloadable spreadsheet calculator also assists in taking the work out of calculations to save debtors’ a lot of time.
Optional Feedback invited to YouTube Viewers
Jennifer closes her video inviting people to optionally offer feedback to her on this and other videos she’s created.
Create a Life Changing Financial Plan — From $20k debt to Wealthy in 5 years and beyond
How to Pay Off Debt Fast — STAY Debt Free FOREVER even on low incomes
Should I Pay Off Debt or Invest?
How to Pay Off Debt FAST — Even on a Low income
