What it Really Takes to Achieve a Debt-Free Life | HDM 387
Imagine waking up in the morning feeling relaxed when you think about your finances because you are debt-free. Doesn’t seem possible for you? Keep in mind that what works for one person may not necessarily work for you, and that’s where many people give up. This is where a more holistic approach comes into play which will make a drastic difference in seeing your debt go down. What the heck is a holistic approach? Find out what this looks like and more in today’s episode all about what it really takes to achieve a debt-free life.
Did you know that according to a survey conducted by Clever over 61% of Americans have credit card debt? That is 3 in 5 americans. And with the current higher interest rates, it makes things more challenging. Even with this challenge, a debt-free life is possible. The guest I bring you today is a living example of what is possible.
Mayra García is a financial coach and podcaster who is dedicated to empowering Latinas and families everywhere to master their money and live debt-free lifestyles. She has had a journey and was able to pay off all her debt in 17 months.
What you’ll learn about in today’s episode:
- How a holistic approach can help you manage your finances and be debt free.
- The one primary financial obstacle observed, particularly in the Latina community.
- A strategy to help manage your finances if you have debt, specifically credit card debt.
- Why it’s important not to compare your financial situation with what you see on social media.
You can also watch on YouTube!
Resources from this episode:
Connect with Mayra: debtfreelatina.com
Credit Card Debt: 1 in 4 Americans Fall Deeper Into Debt Each Month (2023 Data)
Go to JENHEMPHILL.COM/PLANNER and just for being a valued listener use code REINA for 10% OFF
Related Her Dinero Matters episodes you may enjoy:
#330 – Overcoming Debt and Achieving Financial Freedom
#272 – The Unexpected and Valuable Lessons From Getting Out of Debt
#324 – Ask Jen: Should I Use a Balance Transfer Offer to Pay Off My Debt?
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The post, What it Really Takes to Achieve a Debt-Free Life | HDM 387 appeared first on the Her Dinero Matters Podcast.
