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29 How to be Debt Free By Age 30
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:25:00
- More information
Informações:
Synopsis
How to be debt free by age 30 “Live like none else so later you can live- and give- like none else.” I’ve paid off huge loads of debt twice in my life: once on my own- majority was business debt but also some leftover from college. The second time was with my husband- as a team. James and I are both self-employed and have been for the majority of our adult lives. When we kicked off our marriage, neither of us had credit card debt, business debt, or education debt. But neither of us had a strategic plan in place for our taxes, either. From April 2013-April 2015 we were constantly trying to play catch-up. In addition to getting ahead and proactively saving 30-40% of our income for future taxes, we had an extra $55,000 of back taxes from 2008-2010 from real estate. If we didn’t set an intention to crush this debt, we would have continued to throw money at interest for many, many more years. We got intentional. We got focused. Two years after we said “I Do” we had not only paid off that $55k, we g