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#debtfree — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #debtfree, aggregated by home.social.

  1. Student Loan Debt: A 20-Year Chronicle Concludes

    A parent finished paying $98,442 in student loans after 20 years. Learn how this debt freedom changes their career and financial future today.

    #studentloans, #debtfree, #financialfreedom, #collegecosts, #moneytips

    newsletter.tf/how-to-pay-off-s

  2. After 20 years of payments, a graduate has finally cleared $98,442 in student debt. This is a major milestone as their youngest child starts college.

    #studentloans, #debtfree, #financialfreedom, #collegecosts, #moneytips
    newsletter.tf/how-to-pay-off-s

  3. George Kamel Amasses Seven-Figure Net Worth Through Debt Aversion and Index Fund Investments

    George Kamel, from Ramsey Solutions, is now a millionaire. He avoided debt and invested in index funds. Find out how he did it.

    #GeorgeKamel, #RamseyStrategy, #Millionaire, #IndexFunds, #DebtFree

    newsletter.tf/george-kamel-mil

  4. Actor Somerhalder Says He Offloaded Possessions to Escape Major Debt

    Actor Ian Somerhalder sold houses, cars, and more to escape 8-figure debt from a failed business venture. Find out how he recovered after 2019.

    #IanSomerhalder, #DebtFree, #BusinessFailure, #ActorLife, #FinancialRecovery

    newsletter.tf/ian-somerhalder-

  5. Ian Somerhalder had to sell almost everything he owned, including houses and cars, to get out of a massive debt of over $10 million. This is a huge change from his acting career.

    #IanSomerhalder, #DebtFree, #BusinessFailure, #ActorLife, #FinancialRecovery
    newsletter.tf/ian-somerhalder-

  6. Student loan deferment is not relief. It is interest accumulating on a balance that was already too large. The payment pauses. The debt does not.

    #debtmanagement #debtfree #debtpayoff

  7. I built a spreadsheet that calculates your exact debt payoff date the moment you enter your balances and APRs. That date changes everything.

    #debtfree #debtpayoff #financialfreedom

  8. A balance transfer with a zero percent APR and no payoff plan is debt with a countdown clock. The interest does not disappear. It waits.

    #financialfreedom #debtpayoff #debtfree

  9. Treating all debt equally is the most expensive repayment strategy available to you. The interest rates are not equal. The payoff cost is not equal.

    #debtfree #financialfreedom #debtpayoff

  10. Debt payoff without sequencing is the most expensive version of effort. Paying minimums across all balances while carrying a 27% APR card is a math problem, not a discipline problem.

    #debtfree #moneytips #debtpayoff

  11. You know your APR on three credit cards. You do not know your net worth. Those two facts explain each other.

    #debtfree #financialfreedom #debtmanagement

  12. Paying every debt equally is the most expensive strategy available. The math on that is not close.

    #debtfree #debtpayoff #financialfreedom

  13. Minimum payments are a subscription to your own debt. The balance does not move. The APR does not care.

    #debtfree #debtpayoff #debtmanagement

  14. Student loan minimum payments are not progress. They are a monthly fee for debt that barely shrinks.

    #debtmanagement #moneytips #debtfree

  15. I built a system that calculates your actual debt payoff date the moment you enter your balances. Most people have never seen that number.

    #debtfree #debtmanagement #moneytips

  16. Debt isn't a straight line. 📉

    March was a gutpunch for the Snowball Experiment. With first of the year medical bills and the avalanche plan took a hit.

    Check out the full transparency report on how I handled the wreck: mini-thoughts.com/the-march-de

    #MiniThoughts #DebtFree #PersonalFinance

  17. A balance transfer at zero percent APR does not reduce debt. It relocates it. The balance is identical. The urgency is what changes.

    #debtfree #moneytips #debtpayoff

  18. I built a spreadsheet that calculates your debt payoff date the moment you enter your balances and minimum payments. Visibility changes behavior.

    #debtfree #debtpayoff #financialfreedom

  19. Debt sequencing is not a philosophy. Highest APR first costs the least in total interest paid. That is arithmetic, not a hot take.

    #debtfree #debtpayoff #financialfreedom

  20. You know your FICO score to the exact point. You cannot name your total debt balance. That is not awareness. That is a number a lender taught you to care about.

    #debtfree #debtpayoff #moneytips

  21. Credit scores measure how well you manage debt, not how well you manage money. Those are not the same thing.

    #debtfree #debtpayoff #debtmanagement

  22. A FICO score above 750 gets you approved. It does not get you out of debt. Approval and stability are not the same outcome.

    #debtfree #debtpayoff #debtmanagement

  23. Paying all your debts equally is the most expensive repayment strategy available to you.

    #debtmanagement #debtpayoff #debtfree

  24. Tim is the webmaster of MyNomadDirectory dot com and is a digital nomad living the full-time #vanlife since 2019 in a 24-foot school bus after a 3-week conversion:

    youtube.com/watch?v=hmncmgqXMzs

    #DigitalNomad #DebtFree

  25. Tim is the webmaster of MyNomadDirectory dot com and is a digital nomad living the full-time #vanlife since 2019 in a 24-foot school bus after a 3-week conversion:

    youtube.com/watch?v=hmncmgqXMzs

    #DigitalNomad #DebtFree

  26. all my debts felt like a giant mess, i had no idea where to even begin. then i found a simple debt snowball planner. plugged in everything. seeing the exact payoff order, and then watching that first tiny balance disappear? that hit different. felt like such a small win, but it was massive.

    #debtfree #debtpayoff #financialfreedom #finance

  27. i had no clue which debt to pay first, just felt overwhelmed. then a simple debt snowball planner showed me the order. mapped it all out. watching that smallest one completely disappear? that hit different. actually seeing progress.

    #debtfree #debtpayoff #financialfreedom #finance

  28. i used to stare at my debts, totally clueless on where to even begin. which one first? the worst part. then i tried a debt snowball planner that actually maps out the sequence. just watched the tiniest one disappear. it felt surprisingly good to actually see something GO away.

    #debtfree #debtpayoff #financialfreedom #finance

  29. my debt felt like a giant messy knot. had no clue where to even start. then i found this simple snowball planner online. it mapped everything out, showed me the order. seeing that first tiny debt just vanish? wow. felt like magic. a real confidence boost to keep going.

    #debtfree #debtpayoff #financialfreedom #finance

  30. Family’s Magical COB HOUSE made w/ Earth, Sand & Straw!

    youtube.com/watch?v=OUGQNVleOE

    Danny and Katherine built a gorgeous house made of cob - a sustainable and natural material made from sand, clay, and straw. You'd never know that a house made from such material could be so beautiful! Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle.

    #Sustainable #Family #Housing #DebtFree #DIY #COBHOUSE #StrawBail

  31. Family’s Magical COB HOUSE made w/ Earth, Sand & Straw!

    youtube.com/watch?v=OUGQNVleOE

    Danny and Katherine built a gorgeous house made of cob - a sustainable and natural material made from sand, clay, and straw. You'd never know that a house made from such material could be so beautiful! Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle.

    #Sustainable #Family #Housing #DebtFree #DIY #COBHOUSE #StrawBail

  32. Family’s Magical COB HOUSE made w/ Earth, Sand & Straw!

    youtube.com/watch?v=OUGQNVleOE

    Danny and Katherine built a gorgeous house made of cob - a sustainable and natural material made from sand, clay, and straw. You'd never know that a house made from such material could be so beautiful! Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle.

    #Sustainable #Family #Housing #DebtFree #DIY #COBHOUSE #StrawBail

  33. Family’s Magical COB HOUSE made w/ Earth, Sand & Straw!

    youtube.com/watch?v=OUGQNVleOE

    Danny and Katherine built a gorgeous house made of cob - a sustainable and natural material made from sand, clay, and straw. You'd never know that a house made from such material could be so beautiful! Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle.

    #Sustainable #Family #Housing #DebtFree #DIY #COBHOUSE #StrawBail

  34. Family’s Magical COB HOUSE made w/ Earth, Sand & Straw!

    youtube.com/watch?v=OUGQNVleOE

    Danny and Katherine built a gorgeous house made of cob - a sustainable and natural material made from sand, clay, and straw. You'd never know that a house made from such material could be so beautiful! Take a tour, learn how cob is made, and get inspired by this wonderful, debt-free family and their sustainable lifestyle.

    #Sustainable #Family #Housing #DebtFree #DIY #COBHOUSE #StrawBail

  35. I worked hard to payoff debt,
    It was a challenge I'd not met
    So I searched for ways
    To keep the blues at bay
    And I'm proud of what I've accomplished yet.

    From paying tuition for my son
    To paying off an old debt with a ton
    I was positive throughout
    I found a way out
    And now I'm finally debt-free, well done.

    #debtfree #studentloans #tuition #positivethinking #ode #poetry

    newsweek.com/i-paid-100k-stude

  36. Just paid my mortgage.

    Not just an instalment.

    All of it.

    I now fully own my place, finally.

  37. Hello! :blobcatwave: we're new and still figuring it out but excited to be here!!!!

    We talk about student debt—from stopping predatory debt collection, to protecting borrowers' rights, to holding governments, colleges, and companies accountable—to so much more. #CancelStudentDebt #ProtectBorrowers #DebtFree

  38. I’ll start off with an #introduction — I’ve been #blogging about #personalfinance since 2006. I’ve paid off over $147K in #debt to become completely #debtfree

    I write about #gettingoutofdebt #savings #FIRE and other #money topics. I created the Pay Off Debt iOS app, love Antarctica, art, & the beach.

    If you’re working on #debtreduction I want to cheer you on during your #DebtFreeJourney

  39. I’ll start off with an #introduction — I’ve been #blogging about #personalfinance since 2006. I’ve paid off over $147K in #debt to become completely #debtfree

    I write about #gettingoutofdebt #savings #FIRE and other #money topics. I created the Pay Off Debt iOS app, love Antarctica, art, & the beach.

    If you’re working on #debtreduction I want to cheer you on during your #DebtFreeJourney

  40. I’ll start off with an #introduction — I’ve been #blogging about #personalfinance since 2006. I’ve paid off over $147K in #debt to become completely #debtfree

    I write about #gettingoutofdebt #savings #FIRE and other #money topics. I created the Pay Off Debt iOS app, love Antarctica, art, & the beach.

    If you’re working on #debtreduction I want to cheer you on during your #DebtFreeJourney

  41. I’ll start off with an #introduction — I’ve been #blogging about #personalfinance since 2006. I’ve paid off over $147K in #debt to become completely #debtfree

    I write about #gettingoutofdebt #savings #FIRE and other #money topics. I created the Pay Off Debt iOS app, love Antarctica, art, & the beach.

    If you’re working on #debtreduction I want to cheer you on during your #DebtFreeJourney