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Reducing Debt

Reducing Debt

| December 20, 2023

Debt is never a fun topic, especially for those who have a significant amount of it, but today we’re going to talk about some ways that you can realistically start reducing any debt you may have. If you’re not sure where to start in this area, don't miss this episode. I'll break down the steps to take in order to get started at chipping away at debt effectively.

Listen in as I share different tactics that have proven to be successful in helping people break free from debt. You'll learn what steps to take, the good news about debt, and tools that will help you plan, save, and execute a financial strategy that works for you!

Listen To The Episode Here:

What You’ll Learn:

  • What it takes to reduce debt.

  • The good news about debt.

  • Where to start when beginning your journey to reduce debt.

  • How to start challenging and accounting for your costs.

  • The role of credit cards in debt and cash flow.

  • What to be careful of when it comes to your credit rating.

  • What to do once you make progress on or pay off your debt.


    Ideas Worth Sharing:

  • “In order to reduce debt, it takes commitment and a lot of patience.” - Regina McCann Hess
  • “Debt is easy to get into but hard to get out of.” - Regina McCann Hess
  • “Debt management is a continual process, so try to stay on top of your situation.” - Regina McCann Hess

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