Oh yeah, Debt Baby 

“A fool and its money will always part ways.”- Richest Man In Babylon (George S. Clason)

Paying off debt could be a stressful challenge, but very rewarding. It’s not widely talked about and it makes millions of people feel uncomfortable. Seeing how this affected my community, house hold, and extended family as a whole has impacted me to really get rid of my debt and stay out of the red zone completely. One highly suggested way to get your finances back in order is by paying off that debt and changing your behavior on “Money”. It’s time to not be a fool any longer! 

1. Paying more than the recommended! 

  • Always try your best to pay more than what your lender suggest you pay. Remember, these lender companies are not your friends at all, their best “interest” is in themselves. If possible they would love to have you indebted for life. Break those debt shackles and get that debt contained. 

2. Setting up automatic payments!

  • By setting up automatic payments you are doing yourself and future-self a huge favor. This way you make your payments in a fashionably manner and in some cases they reduce your interest percentage when setting up auto-payments. That’s what I call pure amazing! 

3. Debt Snowball/Avalanche! (Dave Ramsey) 

  • These are two great to get rid of debt completely. The debt snowball is when you pay the lowest debt/interest rate first then work your way up the ladder with the higher amount/interest rates. This way may be more appealing to people with large amounts of debt. 
  • The debt avalanche is the completely opposite but my absolute favorite amongst the two. It’s when you devour the highest debt/interest rate first then work your way down the ladder. With this method over the long haul you will save more money and beat out interest, which is always a great deal.  
  • No matter which one you chose to implement in your debt plot, these are two great ways to eliminate debt. 

Times will get hard and you will have frustration along the way of getting your debt knocked out. Staying the course is crucial to your financial future. One day you will wake up and be on your last payment. Remember, the key isn’t to pay your debts and tackle more debts. It’s to get rid of your debt completely and build better Financial Literacy within yourself and family generations too come. 


Question: Do you find yourself angered with debt? What are some ways you handle debt? Please share!