GMR 105: Debt free in 2020 - It's TIME!

Are you one of the millions of Americans who each new year commit to getting out of debt? If you're ready, 2020 can be the year you actually become debt-free. In this episode of Getting Money Right, we begin a series on eliminating debt the right way. This series is the most comprehensive process we've ever shared on getting out of debt. We'll provide each step of the journey to ensure you eliminate debt once and for all!


Show Notes


Debt in America

  • 1.1 trillion in credit card debt - $6,762 per holder

  • 65% don’t know when or if they will ever get out of debt

  • 71% of households that make $30K to 50K owe credit card debt

  • Debt has become a way of life in the US.

  • Most people don’t believe it’s possible to live without debt.



False start to paying off debt

  • Looking at options to lower the interest or pay it down fast.

  • Start by asking: How did I get here? What caused me to get into this debt?

DebtLeo SaboDebt free, Debt Snowball, Debt Elimination, Financial FreedomComment