The 4 Methods Of Debt Repayment (A How To Guide!)

If you are ready to start your debt repayment journey, this video is for you! I explain 4 methods for paying off debt including: the snowball method, the avalanche method, the debt consolidation method, and credit balance transfers. For each method I explain the pros and cons and explain the scenarios where each method might be your best option.

Whether you are struggling with student loans, car payments, credit card debt, or any other hight interest loans, you can learn how to achieve debt freedom with this simple, effective how-to guide!

Remember, Financial Freedom is found through Discipline 👏

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Timestamps:
00:00 - Useful debt vs useless debt
00:46 - What is useless debt?
01:38 - What is useful debt?
02:48 - The 4 methods to pay off debt
03:17 - The snowball method of debt repayment
05:16 - The avalanche method of debt repayment
06:50 - The debt consolidation method of debt repayment
09:23 - The balance transfer method of debt repayment
11:49 - Why you should prioritize paying off debt

#debtfree #debtfreejourney #debtrelief