HOW TO PAY OFF DEBT FAST (STAY Debt Free FOREVER even on low incomes)

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We have been there just the same as many people with debt controlling our decisions and lives, and most of our monthly income going out the door to pay it. We decided to turn a corner, and decided to pay it off as well as invest and save and build a business, and for us our debt of £24k was gone within 3 years. This then lead us into a journey with money with a multiple 6 figure side hustle another 3 years later from that. I hope this helps inspire you if you are looking to pay off debt in 2021 and beyond.

Timestamps
00:00 Debt is not bad or good (Why we need to understand what Debt actually is)
02:29 Find out your Currency Exact Debt values
6:00 The Three Main Debt Repayment methods (Snowball, Avalanche, Snowflake)
12:30 Apply the 80/20 Rule to your Budget to pay off debt fast
15:31 Know your WHY
17:13 Add more money into the mix easily

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WHO AM I:
I'm Jennifer Kempson, Scottish Mum, Engineer and full time Investor/Entrepreneur/Author/Financial Educator. I make videos about personal finance, investing, entrepreneurship, and lifestyle design. I also have a weekly podcast with my husband Matt called The Prosperity Project. We have two small boys and live in Glasgow, Scotland, UK. Together we paid off £24k+ of consumer debt in 2016, built a 6-figure side hustle in 2 years and aiming to be mortgage free and financially free in 2021.

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PS: All thoughts, reviews and suggestions my own. All information is given for educational purpose and not financial advice.