How to pay off debt and still LIVE a little! | Q&A Tuesday

How to pay off debt and still LIVE a little! | FunCheapOrFree.com

Aaaahhh….DEBT. The dreaded 4-letter D-word. Whether you love it, hate it, or have no idea what it is (which, um, if you don't now what it is, be sure to keep reading because you have a little catching up to do…) it's a necessary part of being a grownup. *eye roll* Have no fear! Bubba and I sat down and debriefed you about good debt, bad debt, and how to pay off debt without giving up EVERYTHING for the rest of your life, in last week's Q&A Tuesday video!

In case you didn't know, I'm in the middle of a new summer series called “Q&A Tuesday”. Each Tuesday I'll choose a finance question from my blog, YouTube, or social media, and answer it live on Facebook, then I'll post it on YouTube later that week. Catch up on the Q&A's you missed HERE, and be sure to tune in live each Tuesday so you can ask additional questions and leave comments as well!

Sounds fun, right?? Yes. Yes it is.

This week I had a little help from my handsome and amazing husband Bubba. This week we combined several questions that covered the same topic…duhn duhn duuuuuuhn….DEBT! Let's jump into it, shall we?

Question #3: How do I pay off debt while still living a little?

Watch the video online or click and watch below:

Debt can feel like a sack of bricks, we have been there. Hopefully this will help you get started in tackling your own debt.

For more helpful tips check out the following posts:

How to Afford Paying off Credit Card Debt

How to afford paying off credit card debt, regardless of how much money you make or how much debt you're in! From FunCheapOrFree.com

 

We’re debt-free! Part 2: How we did it.

 

The 70% rule – GREAT way to get started with budgeting: 

The "70% rule", how much to budget for spending, saving, and investing...SO DARN SIMPLE! From FunCheapOrFree.com

Check out the Beginner's Guide HERE

For even more help check out my Secret Sauce online budgeting program, Budget Boot Camp! Super fun video program that makes money easy to understand. All you need is a screen and you're set!

And don't forget, if you don't save at LEAST what you paid for the program, I'll refund every dime. You've got nothing to lose! Use the code FCFBLOG to get an extra 10% off, because I love you 😉
Hope that helped, and hope to see you all next Tuesday!

XOXO,

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Comments

  1. Hi Jordan!
    I’ve incorporated the 70% rule and so far I think its working. I was able to get some prepaid debit cards (no fees from my credit union) and will start using them this month. We had some credit card debt and was fortunate enough to get a small consolidation loan and a very low apr via my retirement saving system (its called TSP for federal gov’t workers) Basically, I’m borrowing my own retirement money. (theres some pros & cons to that.) we were able to keep the loan amount small enough to pay off in 18 months as to not affect my retirement monies too much. I live in Hawaii where EVERYTHING is expensive. Getting a handle on our finances is a must! Just wanted to say thanks for all the great ideas, its really motivated me to be super financially savvy. I’ve put value to every single piece of money – even a penny, which I used to literally throw away. thank you again and hope you get to come to Hawaii again. Aloha, tammy

    • Tammy, that’s so exciting that it’s working for you! Thank you so much for sharing, it’s so inspiring!

    • My partner and I wanted to buy a house in April of 2016 and were turned down because of our credit and the lender told us that we should have a better credit within few months to buy. We didn`t have time so we contacted FINANCEHACKERS01atGMAILdotCOM. They took care of everything! My credit score within few days later was up 200 points and my partner`s was up 220! We couldn`t be happier with the results and I will use them again when my credit is in need of a little polishing.

  2. Hi Jordan!
    I was wondering what you recommend for people in their early twenties to do with there finances. I’m attending college right now while working, I’m not taking out student loans so I’m not in debt. I just don’t know how to make sure I’m taking control over my finances. What should I do first? Save for a down payment on a house, start putting money in retirement, or just keep putting money in my savings account?
    Thanks!

  3. I think that’s the hardest thing when trying to pay off debt, is you forget to have fun or relax for a minute. Even if that means $1 drinks at sonic!! 🙂

  4. This post really opened my eyes to see that getting out of debt is possible and still be able to do fun things. Thank you for sharing your wisdom!

  5. You have helped me to find the fun cheap and free events locally to save money and still be able to live a little, and our kids have just as much fun!

  6. I really need help with debt and enjoying life because the debt is depressing me! Can afford to pay for the programme …because of all my debt) so getting the programme would be awesome

  7. What a genius idea! It is so hard sometimes to know how to do both. This is great advice! Thank you SO much!

  8. Hey Jordan! Just had to say how amazing you are for sharing your wonderful talents with all of us! There is no way I would have been able to build up my freezer food stash without your inspired thoughts and tricks! I truly appreciate you and all you do! Thank you! Thank you!
    ❤️
    Cynda

  9. This is the blog post that really kicked my budget into high gear. Thank you! ! You made me look at my budget in a completely different way.

  10. I have been applying the envelope method for a few weeks now and it is marvelous. I’m still struggling a tad with figuring out how much I need exactly causevsome weeks I’ve given myself Aton while others not enough.

  11. Love all Jordan’s advice!! Ever since I started following her I’ve been on this budget kick! Which has been super helpful! Newlywed so we don’t have much money and I love to make it stretch as far as I can!

  12. I so needed this! We have been so focused on paying off our debts with our little income that I forgot to actually live – and then life sucks. Thank you for this reminder!

  13. Ahhh this is so hard. I’m scrounging because so much of our income goes to our house payment since my husbands job switch. Like….way more than 70%:(

  14. Thank you for sharing your experiences and what has worked for you and your family! My husband and I have incured too much credit card debt , but we know how important savings is. We have debated about how much savings to have before we hit our debt hard and I was happy to hear you say $1000 is a sufficient amount. Now, it’s time to get out of debt !

  15. We are trying to get out of debt and get into a house! But we wanna take a 30th birthday party trip. Thank you for the tips

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