I PAID OFF $10,000 IN CREDIT CARD DEBT IN SIX MONTHS GJFREKJGHRJFEGK I’m too excited WOW. Here’s a very detailed video of my debt payoff process!! #personalfinance #debtpayoff #creditcarddebt
0:00 – intro
2:01 – how I got into 10k of credit card debt
5:30 – get serious and commit to a debt payoff plan
6:30 – balance transfers
7:23 – track your income and expenses & create a budget
7:59 – pay more than minimum payments (debt snowball vs debt avalanche)
9:04 – find extra money to use toward debt (cut your spending and/or make more money!)
11:18 – I have definitely increased my income (+ my estimated total income for 2019)
12:50 – what percentage of my income goes toward debt?
14:35 – how much did I pay each month?
16:40 – my debt payoff hype song lmfao
17:36 – how do you resist lifestyle inflation / spending more as you earn more?
18:43 – how do you stay motivated during debt payoff?
19:57 – what was the most helpful way to think about the process of paying off debt?
20:33 – are you saving while paying off debt?
21:13 – what’s next? Pay off my student loans! + my current total loan balance
22:49 – how has your credit score changed?
23:24 – did you still use credit cards while paying them down?
24:46 – what do you recommend for young people regarding credit cards and student loans?
SOURCES & REFERENCES:
Opening Up About My Student Loans and Credit Card Debt – https://youtu.be/tku2C-DgA6s
Finances of a Full-Time YouTuber (taxes, budgeting, etc) – https://youtu.be/3NMQyrvp7o8
Debt Snowball Vs Debt Avalanche | Which is the Best Debt Payoff Strategy? – https://youtu.be/jtgnRJKSJlw
What is a balance transfer? – https://www.creditkarma.com/credit-cards/i/what-is-balance-transfer/
The Financial Diet – https://www.youtube.com/channel/UCSPYNpQ2fHv9HJ-q6MIMaPw
Aja Dang – https://www.youtube.com/user/ajabdang
Sarah Nourse – https://www.youtube.com/channel/UCDbGw5fdxTLjRsNnD7_Jwvw
♥ Instagram: https://www.instagram.com/tferg__/
♥ Twitter: https://twitter.com/tiffanytheprez
♥ My Podcast, Previously Gifted: http://bit.ly/previouslygifted
♥ Vlog Channel: http://bit.ly/tfergvlogs
♥ Political Channel: http://bit.ly/sociallyunacceptable
♥♥♥ Use my affiliate links to support my channel 🙂 ♥♥♥
* My go-to eyeshadow palette (vegan and cruelty free!) https://amzn.to/2WnU5tX
* 10% off Glossier (for first time customers). I use the Perfecting Skin Tint, “Cake” and “Zip” Generation Z lipstick
*Sign up for my fav travel site, Airbnb, for a $40 credit! http://www.airbnb.com/c/tferguson42
*Here’s an Amazon list with all of the equipment I use to film my videos, including my camera, mic, ring light, and more! http://bit.ly/filmingequipment
Hello my dudes! My name is Tiffany Ferguson. I’m a 24 year old sharing my thoughts and life experiences. Here on Tiffanyferg, recently I’ve been working on my Internet Analysis series, where I research and discuss topics related to social issues and media. I also occasionally talk about my experiences with college, traveling, study abroad, veganism, and more.
Business Inquiries: firstname.lastname@example.org
FTC: This video is not sponsored. Links with * are affiliate, meaning I am compensated monetarily if you join or make a purchase.