Getting out of debt: [9 benefits we found]

These are 9 of the benefits of getting out of debt that we found by paying off all our debt.

We hope our story will inspire you to become debt free. And, in the process find the freedoms that getting out of debt brings!

1️⃣► REMOVAL OF PRESSURE (00:18)

When you're in debt, you sense this underlying pressure of that debt! Removing those thoughts that are always on your mind about your debt and paying it off, will bring you some peace of mine and really simplify things for you!

2️⃣► FIGHTING LESS (01:40)

With that pressure of debt removed, fights over money with your spouse will become much and much less. Couple Goals!

3️⃣► REACH GOALS FASTER (02:15)

When you're not paying all that money to your debts, you can begin to work towards your financial goals. Saving money becomes a much quicker task! This will allow you even more peace when you are able to buy items with CASH!

4️⃣►TRUE OWNERSHIP IS AWESOME (03:32)

When you own something out right, is an AWESOME feeling! Being debt free eliminates the worry of knowing that what you have is not really yours. Such freedom to know what you have is actually yours!

5️⃣► ABLE TO GIVE MORE (4:24)

Being able to give and help out others is a great motivator for getting out of debt! When you pay off your debt, you can direct your funds to organizations, charities, etc. that you would like to help... rather than having to pay your debt interest to the banks, credit cards or anyone that you owe money to!

6️⃣► LESS CHANCE OF FINANCIAL DISASTER (05:55)

Being out of debt will greatly reduce the possibility of potential financial disaster! Living paycheck to paycheck and being in debt, any unexpected expense could completely derail you financially.

7️⃣► CHANGED THE MOMENTUM (06:52)

When you're riddled in debt and are living paycheck to paycheck, you have a downward spiral momentum. Living debt free changes that momentum in the opposite direction. Each good financial decision made, builds upon each other... positively affecting your net worth!
🚨 Get exclusive tips we only share with email subscribers: https://seedtime.com/subscribe

🔥 20% off our courses w/ Code: YTfriend https://seedtime.com/u

👋 DM us on Instagram @seedtime

💳 The credit cards I use: https://seedtime.com/cc

🧩 Get started investing with just $3: https://seedtime.com/acorns

🎙️ Podcast: listen to the SeedTime Money podcast for exclusive content: https://seedtime.com/podcast

📱 The 17 money apps and tools I use: https://seedtime.com/tools

📷 All my camera gear that I use: https://kit.co/boblotich

🏠 Passive Real Estate Investing app I use: http://sdti.me/fundrise
Videos:

🏖 How Linda and I travel for free (seriously): https://youtu.be/ZoC2Njxk184

💵 30 Passive income Ideas: https://youtu.be/6RSqgJieFes

💡 How to get started investing with little to no money: https://youtu.be/EVGJvvbdbx8

🎈 5 bible verses about money every Christian should know: https://youtu.be/AZQrrBRxMbQ
Courses:

💎 10x Investing: the exact strategies I have used to 10x my investments over the last 16 years. Wise and proven investment strategies for new to intermediate investors: https://seedtime.com/10x

💎 The Real Money Method: I stopped budgeting and do this instead: https://seedtime.com/realmoney
Playlists:

🔑 New here? Start with these videos: https://www.youtube.com/playlist?list=PLS-mhxKyHFQ8tflMqfZpBcBHPwnku0hC3

🔑 Money 101 (the basics): https://www.youtube.com/playlist?list=PLS-mhxKyHFQ8_syA48tSh_9lC88yHgfPm

🔑 Money 201 (intermediate lessons): https://www.youtube.com/playlist?list=PLS-mhxKyHFQ_G25XK15p7TLGrAXTCHNxi

🔑 Money 301 (advanced lessons): https://www.youtube.com/playlist?list=PLS-mhxKyHFQ97GZNHNNFPUQBeA6PNDMXS
DISCLAIMER: Bob Lotich is a financial educator, not a financial/investment advisor. He is sharing his personal experience and opinions; therefore, all strategies, tips, suggestions, and recommendations shared are solely for entertainment purposes. There are financial risks associated with investing, and Bob Lotich’s results are not typical; therefore, do not act or refrain from acting based on any information conveyed in this video, webpage, and/or external hyperlinks. For investment advice please seek the counsel of a financial/investment advisor and conduct your own due diligence.

Additionally, this video and description may contain affiliate links, which means we may earn a commission and that you can support the channel by clicking those links (at no additional cost to you). This allows us to continue to eat and live indoors, so thank you for your support!!

Видео Getting out of debt: [9 benefits we found] канала SeedTime Money