6 Step Debt Payoff Method

In this video, I walk you through a simple but powerful 6-step method to pay off debt. Whether it's credit cards, student loans, personal loans, or anything else weighing you down, this method has you covered!

I break down each step in detail so you can take action today and start making real progress. This isn't just about numbers - it's about mindset, momentum, and freedom.

Timecodes:

00:00 Introduction
00:30 Step 1: Highest Deductible E-Fund
02:15 Step 2: Employer Match
03:00 Step 3: Pay All Minimums
04:20 Step 4: Pay Off 8% Plus Interest Rate Debt
06:10 Step 5: Prioritize Retirement Savings Before 8% And Under Debt
07:45 Step 6: STOP Debt Cycle
08:40 Case Study
16:05 Money Guy Show FOO
16:47 Conclusion

LINKS:

6 Step Debt Payoff Method Google Sheet - https://docs.google.com/spreadsheets/d/1pzRirRlYS4jxzrItGfANrgY_F-fYx6n9n4ysK-Hk4iM/copy
Money Guy Show FOO - https://moneyguy.com/guide/foo/
Loan Calculator - https://www.bankrate.com/loans/loan-calculator/

DISCLAIMER:

I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.

Видео 6 Step Debt Payoff Method канала Chris Leigh - Everyday Finance 101