169. The Real Reason Your Debt Isn't Going Down (And How to Fix It)
Failed to add items
Add to basket failed.
Add to Wish List failed.
Remove from Wish List failed.
Follow podcast failed
Unfollow podcast failed
169. The Real Reason Your Debt Isn't Going Down (And How to Fix It)
-
Narrated by:
-
By:
About this listen
Making your minimum payments every month but your debt isn't going down? You're not alone, and you're not doing anything wrong. In this episode, I'm breaking down the real math behind why minimum payments keep you trapped - and the one shift that can cut years off your debt payoff timeline. Spoiler: even an extra $25 per month makes a massive difference. If you're tired of feeling like you're spinning your wheels with debt, this episode will show you exactly how to break the cycle.
You'll learn:
- Why minimum payments are mathematically designed to keep you in debt
- The shocking truth about how long it really takes to pay off debt with minimums
- How even $25 extra per month can save you thousands and cut years off your timeline
- Practical ways to find extra money without huge sacrifices
- Why momentum matters more than perfection when paying off debt
Get 9 Ways to Break Up With Your Credit Cards
www.katyalmstrom.com/9-ways
Book a free consultation call with Katy: calendly.com/almstromcoaching/moneywisechat
The best way to connect with Katy online is in the Debt Payoff for Women Community!
www.facebook.com/groups/debtpayoffforwomen