This episode was sponsored by Debt.com. Please read our disclosure for more info.
Imagine you’re on your honeymoon in a beautiful, tropical location. Now, imagine just wanting to take your new bride on a snorkeling excursion, something you’ve always wanted to do. Now, imagine the realization of $61,000 in consumer debt smacking you in the face at that very moment. Unfortunately, this wasn’t imagination, this was the reality for Michael Lacy and his wife, Taylor. And this is their debt-free story.
If you’ve ever been deep in debt you know the feeling of hopelessness that often goes along with it. In this episode of The Mad Money Monster Show, we hear just how this newlywed couple came to acknowledge their crushing consumer debt and just what they did to pay it off.
Show Notes:
Discussed in this episode:
- Growing up poor
- Credit cards for emergencies
- Acknowledging debt
- Creating a debt payback plan
- Sticking to a debt payback plan
Noteworthy links:
- How This Couple Paid Off $61,000 In Consumer Debt In 16 Months
- How To Pay Off Your Credit Cards – When No One Wants To Help You
- 7 Ways To Keep Money From Ruining Your Marriage
- Why You Should Feel Fabulous Even If You’re Deep In Debt
Have a question or want to give us some awesome feedback? Email us at themadmoneymonster@gmail.com
