Best Way to Pay Off Debt Fast (That Actually Works)

[@LaxFreak211]

Down from 100k in debt to 14,500 in 4 years. Still working hard to crush that last bit

[@noahalexander8142]

keeping going hard it’s gonna be paid off soon! 💯

[@jungle717]

Can you tell me how you did that.

[@Zwt256]

That’s amazing bro. Do it! Good job🎉

[@IAmTrashhy]

How did you manage to get that much paid off that quickly?

[@LaxFreak211]

@@IAmTrashhy bought a cheap $169000 townhouse and have a 980$ mortgage. I am a deputy making 74k base pay and work a lot of overtime. This year I may clear 100k due the the large amount of overtime. I am down to 13,000 left. 82k was student loans and 18k was my car which is now paid off. Will have my student loans paid off by June hopefully

[@jazziered142]

I started off snowball, to get the hang of things, paid off a couple of things, then I switched to avalanche. I've been debt free for 3 years. Best decision I ever made.

[@Rebel2332]

Yeah, snowball didn't really work for me either. Avalanche really got me paying off my debt aggressively.

[@carolinag8943]

That’s it! I started snowball and I’m choosing avalanche bc that high interest is killing me every month and if that’s lower then the small ones could use that money that was being wasted just in interest 😢

[@charanjit7427]

@@carolinag8943 me 2

[@aeterna581]

​@@carolinag8943agree. I hate myself when I'm paying interest, so I choose avalanche

[@adeyosola414]

@jazziered142 Congratulations on being debt free🎉!!! I believe the key is doing what is best for you and your situation. If I was in debt (I don't live in the US), I would definitely use the debt avalanche method and pay the debts with the highest interest rates first, it's simple math.😊

[@Thecraftyblacksheep]

I’m in this position. 40k in debt. Just put 4.5k into debts today. Took all my taxes and put it towards it. Done the math and it’s 18 months for me to get to no debt. I’m gonna do it. I have to get this done

[@Thecraftyblacksheep]

I have a $1000 emergency fund as well. Started the Dave Ramsey method

[@courkie_court]

I started snowballing 3 months ago and I’m about $3000 down… so glad I did!!

[@ItsMeLearyB]

🎉🎉🎉

[@Mary-z7r4f]

Thank you for recommending Olivia Sullivan financials on one of your videos. I reached out to her and investing with her has been amazing.

[@โสภาสิงห์ทอง-ฟ7ว]

Money invested is far better than Money saved, when you invest it gives you the opportunity to increase your financial worth.

[@Ava-h7c6w]

Sound good, How do you do that? I'm interested, how do I go about getting started?

[@Mary-z7r4f]

My candid advice is to have trading guidance before getting involved in the crypt0 market. Olivia Sullivan financials is probably the best I've ever come across, he is well recommended for newbies and his technical analysis is one of the best out there any investor can engage with.

[@โสภาสิงห์ทอง-ฟ7ว]

Trading is the real investment. The process of trading can be complicated when you have limited knowledge. However, with the right strategy and setups, you can be successful. That's the whole point of investing.

[@นิลันเดขนุช]

Yeah, I agree with you. Olivia Sullivan financial has always been on the top of my list..more folks like him are needed in the digital investment scene, mate.

[@xxmotaxx93]

My debt-free day will be October/November 2024. I will have paid off $64,000 of debt!! 🎉 Update: I have fully paid off all of my debt, and I have an emergency fund!! Now I’m working on my retirement and down payment for a house. Thanks for all the encouragement, guys! 🙂

[@JesusIsLord7773]

Congratulations in advance!!!

[@PepeInvest]

That’s about how much I have. How long did it take?

[@susanmcdonald3073]

may i ask what did you tell your creditors to get them not to bug you ?

[@fujidenzo_kid4147]

I am rooting for you

[@tinafloresjpl2550]

138,420.20 usd. How?

[@jasonk446]

This is what I did. After paying off all my smaller balance debt I am now able to hit my biggest student loan. I was making $300 a month payments. Because of the debt snowball I am now making $1800 a month payments.

[@DrRoxanneSenior]

This comment may be ideal for the visual reminder George referred to 🤔. This is amazing 👏🏾👏🏾👏🏾👏🏾👏🏾

[@chrispewkreme]

Now if only you did the avalanche method and budgeted $1,800/months towards that debt. Or basically as much as financially possible. It’s faster and saves money. Snowball is dumb.

[@jusatesst]

​@chrispewkreme nuance bro, nuance. It's up to personal preference and the interest on each debt, because despite this video saying the avalanche method aint good, other people prefer it. So both are good and people should choose which theyd like to do or when/if to switch. Did you consider that the person didn't have $1800 a month to put in the debt in the beginning stages and is now able to because of the snowball method working for them? I'm doing the snowball method because I want to see tangible progress and the interest I get from the higher interest card is high but manageable that it doesn't exceed the progress I'm able to make with the additional payments on the smaller balance.

[@lightmaker_P4.4]

As of yesterday I am debt free. 🙂 About a year and a half ago the Ramsey show inspired me to change. Thanks 🙏

[@mollyeason8795]

Congratulations!!!!

[@fleurelise997]

Awesome 🎉🎉🎉🎉🎉 you did great!

[@Erik-o9q]

Congratulations

[@Jawrathful]

Proud to say my debt free debt was two years ago. I've never felt so financially free!! Its awesome. For those in debt, get debt free (you can do it!)... it's so worth it!

[@TragickSin]

I do not want to. Do not tell people what to do you snob

[@YellowRoses10]

Congratulations and thanks for the encouragement🙂

[@sunnyjones2659]

I needed this encouragement today. Thank you!!! 🙏🏽

[@dab34rs]

My wife and I are starting the snowball debt payoff this month. We finally hit our breaking point and felt so overwhelmed with our credit card and student loan obligations. We're going all in on this and we've projected we can do this in less than 3 years or less. Wish us luck!

[@IAmTrashhy]

Good luck I’m over 50K in debt currently and want to be debt free in the next 3-5 years. It’s gonna be a struggle but I’m gonna try as hard as I can

[@dab34rs]

@@IAmTrashhy Good luck to you too. Short term sacrifices for long term gains!

[@YellowRoses10]

The same for me, I'm looking to become debt-free in 3 to 4 years.🙂

[@nancyg2815]

Best of continued luck to you and your wife 🍀 🎉

[@palomapadron]

I have been following the principles since 2017... in 4,5 & 6. Will be mortgage free in December 2023! This stuff works!!!

[@SamanthaJames-d4j]

Noce

[@paulrandels6210]

I like that you mentioned the woman and her husband had a LOT of debt and it took 7 years to get it paid off. There's plenty of people who have a ton of debt that can't be paid off in 2 years. Kudos to you for throwing that in.

[@LindaBb-wu2zb]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[@Dariol990]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@OliverLopez-n3v]

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

[@faithuni2086]

It's a great idea to have a conversation with financial advisors like Amanda Martin to reshape your portfolio.

[@JameJohn-m5s]

I spread out my $25k portfolio across various markets to diversify my investments.

[@LilianShevin]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@alejandroguerrero7841]

My debt free date is December 12th 2023. Started on March 1st 2022, will have paid off $60,000 worth of dumb decisions, until one day I finally said "I'VE HAD IT, IM SICK AND TIRED OF BEING SICK AND TIRED." Will definitely be scheduling my debt free scream soon after

[@acatl33]

Any tips?

[@alejandroguerrero7841]

@@acatl33 make a budget. Track all of your expenses and you will find “extra” money that was going elsewhere. Work OT if possible or find a second job. The beginning will be tough but give it about 3 months and you will see the turnaround and start to believe it is possible. You got this. I’m rooting for you🙏

[@coldbrew974]

How's it going?

[@alejandroguerrero7841]

@@coldbrew974 couldn’t be going better. I had a hiccup with the car and had to replace the tire but nothing my emergency fund couldn’t handle 😀

[@superlamb6395]

Hi. Hope you met your goal? Any updates?

[@sakhalittle9206]

This used to be one of my most watched channels... sadly, it's been a while since i visited it has been a very rough year... i am experiencing one of the toughest phases of my life... Lost a fortune lnvesting in emerging companies. Hopeful, for a turnaround.

[@katrinaotto7545]

Investing so much in emerging companies is a horrible decision. Investing should be like the healthy food pyramid. BTW, I commend Gary's trading pattern too. Different perspective, different technique

[@auggieoutdoors3325]

I was a mortgage banker from 2015-2022. The majority of clients that closed a cash-out refinance, HELoan, or HEloc with me for purpose of debt-consolidation, ended up racking up debt again (I followed up with past clients 1x per quarter). It really boils down to a behavioral issue.

[@daniellamoore8813]

I hate having debt. I literally want to cry daily

[@Pasookie3]

Same

[@annadavis6361]

Keep pushing!

[@clarismendi1181]

I cry daily

[@denib4677]

I completely understand. I had to stop paying so I could afford the important bills-rent, car note, insurance, now I'm almost 7000 in the hole. Idk what to do

[@VanntasticFinances]

You are probably in better shape than you realize. The answer may not be that far away... VANNtastic!

[@hermanramos7092]

This is quite educational. It's crucial for newcomers to keep in mind that the financial markets are highly irrational in the short run. You should constantly be ready for the unexpected. That is how chance operates. Because of the inherent risks in the market, I always favor long-term investments.

[@SallyW414]

These uncertainties will always be there. Thing is, every once in a while, the market does something so stupid it takes your breath away. If you’re not ready for it, you should’t be in the market business. or get you a skilled practitioner.

[@CzgbjgUybnfg]

Such market uncertainties are the reason I don’t base my market judgements and decisions on rumors' and hear-says, it got the best of me in the year 2020 and had me holding worthless positions in the market. I had to revamp my entire portfolio through the aid of my financial advisor, before I started seeing any significant results happens in my portfolio. Been using the same advisor since then and I’ve scaled up almost a million within 2 years. Whether a bullish or down market, both makes for good profit, it all depends on where you’re looking…

[@SteveKalfman-yv7co]

Not bad at all. I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market. Could this coach that guides you help?

[@CzgbjgUybnfg]

Finding financial advisors like Vivian Jean Wilhelm who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@SteveKalfman-yv7co]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@freedomring3022]

even though i am not in debt I continually listen to episodes like this to remind me NOT to use debt at all

[@cssystemsmcpherson8695]

Me too!

[@DNaupari]

100%

[@Resolve_DigitalMedia]

You have a credit card?

[@freedomring3022]

@@Resolve_DigitalMedia no

[@timknotts4752]

Me too!! Debt free and love it!! Loyal listener and followers for years.

[@quintonc12]

Hello to our mates in the US. I'm trying this method in Australia as the debt problem here is bad, our people look up to the American culture in a lot of ways, the good, the bad and the ugly. So far, the Ramsey method is working nicely for me. I've snowballed 4 of my debts, with two left to go. Thanks to the Ramsey team for making this available on youtube, doesn't matter where in the world you are, it works!

[@nicholasdickens2801]

I’m in the UK. We have so many of the same problems but I’m responsible for my silly debt and I truly can’t wait to be debt free and not be silly again as I’m sick to death of being scared of being totally skint.

[@thedude5040]

I paid off my student loans recently 46.5k and never been happier. I did take a month off and now I just have $8500 left on a car

[@adams9355]

“Get around other weird people who want to stop being normal and broke” So good!!!

[@whome6081]

I owed like $555,000 (now $521,000) and I have just started paying back the loans. 😊 When I was a child, my family always said “you never have to pay your loans back.” Some still refuse to pay, but I am convinced otherwise. It is a large hill, but I am confident that I will pay it all off, in Jesus’ name! Y’all are doing the Lord’s work with these videos! Thank you

[@shannoncraig509]

I helped someone stay motivated on the snowball method by modifying it slightly. Every time they paid off a debt, I had them only put half of the money they were paying toward that debt they paid off on the next debt and the rest in their pocket. This 'rewarded' them by having cash in their pocket, not feeling broke all the time, and helped keep the temptation of using credit cards away. It was slower in the beginning, but about six months into it, they were volunteering to put the full amount of the payments on the debts they were paying off toward the next one.

[@mpowelljones]

I love this idea!

[@veronicam.3306]

Great idea!

[@LoveMusic-pd5iz]

Great idea for some people. I would find that invigorating and inspiring! My 'self reward' has been smaller. I like to search for my kind of used CD's. So I allow myself $10 per month towards that. Many months I get excited and don't take that $10. The closer I get to $0 debt, the more I am inclined to sacrifice.

[@Ponka25]

Brilliant!! 👍

[@binkjones1484]

this is so helpful!

[@sanikura837]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@sanikura837]

@Adelinde-Isabell That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@sanikura837]

@Adelinde-Isabell I will give this a look, thanks a bunch for sharing.

[@terricox3559]

Bots

[@xlerb2286]

Scam alert!!

[@isaiahayers1550]

Debt consolidation made sense to me. It's not just shuffling debt. The interest rate was much lower than the credit cards, plus it has a fixed monthly amount that's far higher than the minimum payments allowed by credit cards so you're forced to pay them quickly. The only down side is it frees up the credit cards to put spending on them - but the debt snowball does the same.

[@vanguardiris3232]

Exactly. It certainly isn't right for everyone but saying it's not worth considering is foolish.

[@isaiahayers1550]

@@vanguardiris3232 exactly

[@Lindster2012]

I definitely prefer the snowball over the avalanche method too. It is way more motivating, and what you do is, once you paid off the first debt, then whatever money you were paying on that, plus the minimum payment you were paying on the second debt, you now put on the the second debt. And so on and so forth. Then by then time you get to your third (largest) debt, you’ll have the money you were dumping on the first, the minimum payment from the second, plus the minimum you were paying on the third, ALL getting dumped on the third. It’s really effective and I’ve done it before and I will do it again! Here’s to everyone’s debt free journeys! 🥂

[@sassysuzy4u]

I've been doing this for a while. Just got my car finished in January and should be done everything else except for student loans by the end of next year!

[@driskolestateshow]

When I hear about these $40k and half a mil debts, my $3k-$4k debt doesn't sound that bad.

[@kelseykjarsgaard5774]

17 plus sounds bad still. Tho I want my card/credit limit to use if need

[@davidbrooks8809]

Same here 5k 😂

[@chiina6567]

Same here 😂 ok ok I’m not alone

[@Lisa-kz7vw]

depend 3K,4K and 5K if you earn very little money I've been there struggling with nothing left to barley buy food and pay bills much less 3K on hand.

[@raniyamckinnies3511]

I’m. At 50k😅

[@lindadorman2869]

When I got a big bonus, I did the debt snowball in reverse. I paid off my biggest balance first. Once that huge boulder was off my back, all the other pebble-size debts were far easier to pay off. It's not right for everyone, but it worked for me. I've been debt-free now for 5 years.

[@sharonjones5173]

Right. Doing the same. The big boys are getting paid the most I have.

[@AnwarHussain-yg7yq]

Well done man

[@coolhatadventures8111]

Yes, I’ve been thinking of reversing the process and focus on paying off the largest debt first.

[@adeyosola414]

@Lindadorman2869 Well done!!! 🎉 The key is to do what works best for you. If I was in debt (I don't live in the US), I would definitely use the debt avalanche method : I would definitely pay off the debts with higher interest rates first, it's just simple math.

[@adeyosola414]

@lindadorman2869 I also see nothing wrong with debt reconciliation especially if the interest rate of such loans arw much lower than that of the credit cards which I am am very sure they

[@user-zm4fv3de5c]

I’m $9,900 in debt . Aggressively paying it off $1500 every month. Can’t wait to be debt free. 😭😭😭😭😭

[@jasonm8017]

At that rate, you’ll be good in no time 👍🏼 I think I need more help

[@mollyeason8795]

You are almost there! Based on this, you should be debt free in 1.5 months! Congrats!

[@joncena168]

You got it bro!

[@jeremywinkler8275]

Thems rookie numbers

[@user-zm4fv3de5c]

@@jeremywinkler8275That’s nice to hear actually.

[@jazziered142]

I had two loans that were like $50 apart, I chose the high interest one first. That just makes sense.

[@justinyourdm1738]

As a 25 year old with a 30k truck and 20k+ In credit cards I regret getting myself in this situation. I bought so much unnecessary stuck while being depressed and just wanted stuff because my friends/family always got nice things. I agree to this snow ball affect. It works wonders. Everytime I get a card paid off it’s such a relief. Everytime I pay something off I put that money towards my other smallest card/loan. I stay watching these videos because it motivates me to grind harder to get myself out of debt to become debt free.

[@Coolchanel-123]

I have never watched any of your videos. But i am currently in debt and have been really searching for a way to get out of it. I love the fact you mention tithing. I am a Christian woman and in times of tremendous struggle, i have to admit i questioned wether i should keep tithing while in debt. But i know God tests our faith. And He would help me through. And one day i will testify of his faithfulness. Thankyou for this!

[@stayHumble4427]

Amen 🙏🏽 continue to Tithe! God is always good and pray to Him to break the spirit of control and you will be free!

[@msrawynn]

Congratulations to everyone who’s DEBT-FREE…very inspired and motivated to be the same within next 2 years. 👍🏾

[@sherush9384]

George, I hope you read all your comments. You are so funny. I love your humor. I appreciate all your very specific details about a very simple process. Its something about repeating this information, that we have heard, but in different terms. Keep going.

[@lisak6321]

Good video George. My debt free date is December 31, 2023. I have just over $6k in consumer debt that I plan to pay off by the end of the year. I will then have a mortgage remaining as my only debt and I can hardly wait to get past step 3 so I can go after that mortgage. Thank you for you comment on tithing. I was adamant that I will continue to tithe and give no matter what. Got to honor God first! Thank you!

[@gotagboa]

tithe on gross or net? thanks!

[@officialdiomer]

@@gotagboa “Each man should give what he has decided in his heart to give, not reluctantly or under compulsion, for God loves a cheerful giver.” - 2 Corinthians 9:7

[@emmalarson]

I’ve been doing the spread out of payments & debt consolidation methods for years. It’s all lead to more spending. Debt snowball is my next thing to try because I’m SO DONE with this madness 😭

[@dotpenji]

I really enjoyed your video on the Debt Snowball method. Your explanation was not only informative but also delivered with such enthusiasm that it kept me engaged throughout. One key takeaway I got from your video is the importance of the Debt Snowball method in providing quick wins to keep people motivated on their debt payoff journey. It's so true that we're not debt-paying robots, and having those early victories can make a huge difference in staying committed. It's about psychology and behavior, and you explained it brilliantly. Keep up the great work, George!

[@UserPat-g4z]

Incredible content, my friend!

[@KB-JD]

Great point ChatGPT

[@PepeInvest]

I have 60k in debt and I want it gone. I have 30k in the stock market and have considered taking it out to pay off half my debt. But I don’t want to miss on gains of the stock market. I’m ready to be debt free for life.

[@ItsMeLearyB]

I'd leave the stock alone and keep letting it grow

[@PepeInvest]

@ yeah that’s what I’ve done so far. Good call.

[@rakeshdhara2359]

Y’all should stop calling everything “the bare minimum” when it’s literally not. Respect is the bare minimum, actually going out of your way to comfort and have an open ear for someone isn’t. Doing something like this is truly very nice and a great thing of him to do. I hope shit gets better for you and I salute *sentinel Recover* for being mature when it’s needed!

[@MukhpyarDhillon-dz8lj]

Ive been watching you since I was 16/17 and im now 24. I’ve built a 822 credit score, emergency fund, retirement funds, debt free (other than full paid off monthly cards) and I’m saving for a house. All thanks to your videos. Big thank you to you *Future imperative corps*

[@benroland3652]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Victoria Taylor

[@Joelgarcia47]

Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.

[@anitalawrence2668]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states.

[@erikacristina9567]

Really you people know her? I was even thinking that I'm the only one she has helped walk through the fears and falls of trading.

[@sophiabrown2005]

I'm new at this, please how can I reach her?......

[@benroland3652]

SHE'S MOSTLY ON TELEGRAMS, USING THE USERNAME

[@nessamargaret]

I used the debt snowball in the past and it definitely works! What I need is help setting it up on a spreadsheet.

[@francescaulffe]

George, love that you mentioned to give to God regardless of whether you’re in debt or out of it! God loves a cheerful giver 2 Corinthians 9:7. 🎉

[@vanguardiris3232]

Heck yeah! And it's true in spirit whether you're Christian or otherwise. I'm not, but I have a portion of my budget set aside for charitable giving because that's the difference between being frugal and being miserly. Being miserly isn't going to help you or your loved ones; it just puts you in the habit of being a stingy, greedy person

[@PiyushVasaiya-mp3jl]

I stumbled across your video and instantly knew this was made for me. I'm going through the same thing with my business but just knowing that I'm not the only one who's experienced this just pushes me to go harder. Continue to put out informational content and sharing your story, THAT is what separates you from the rest. Much gratitude sir and *Future imperative corps* was so helpful during the process of boosting my credit.

[@perfectlymprfct]

Debt free - house and all as of March 2023. I love your videos George. My adult children listen to you more than they listen to me. 😂

[@Romit898]

As of yesterday I am debt free. 🙂 About a year and a half ago the Ramsey show inspired me to change. Thanks 🙏

[@TheJalister]

I used the snowball method for my 4 lowest debts. Then I moved my largest credit card debt to a 12 month no interest credit card, paid as much as I could, then moved to another 12 month no interest card. I'm almost done. When that is done, I'm planning to roll it into my car payment.

[@Orbitalteapot1]

Does it affect your credit to transfer the credit card debt to a new no interest for 12 month card?

[@ed1476]

I truly love this as I have made some mistakes accruing debts. Knowing what’s good it’s what makes me upset but this type of videos helps a lot mentally, thanks 🙏

[@rmarcoux18]

I thankfully never had credit card debt or student loans, but I have been attacking my truck debt since January this year, and I am over 50% paid since then. Cannot wait to make my last payment early in 2024.

[@AxleLotl]

I used the snowball method before even finding out about the Ramsey channels. I had 7 debts, I'm now down to 4 and next week, will be down to 2. The best part of the snowball method is that it gives you much more instant results and then gives motivation to keep going. Something I will say though, it would be easy to think you've got all the money in the world once you're debt free. Keep in mind that money is a tool, and you're still learning how to use it to your advantage.

[@ItsMeLearyB]

Agreed!

[@TobyChin]

Here's my question. We have worked the baby steps before and keep finding ourselves right back in the same spot. How do things like sinking funds fit into the Baby Steps? We get to a point where something like the car gets paid off but we are still paying on other debts. But, then, inevitably, the car dies (some mechanical failure), the furnace dies (due to old age) or something like that, that is not covered by insurance-which not only would wipe out our $1k emergency savings, but has definitely put us right back into debt before. So, how do sinking funds for "eventual emergencies" fit into the Baby Steps? Is that supposed to be part of the 3-6 months step? Love your videos and personality on screen! Keep up the good work!

[@KaranKumar-lm8cj]

Not going to lie, but we are actually really proud to have a credit technician expert like you as our main guidance. The job is done so gracefully and neatly. Very well done, dear *future imperative corps* . First of all. Thank you for making the work environment so friendly and taking your responsibility seriously and completing the repair gracefully! You deserve so much.

[@heathervenkat1414]

I'm in the middle of the debt snowball and almost halfway done with paying off my consumer debt. This method is working so well!!

[@gabe-cx9iy]

I’ve watched 30 seconds and ca already tell you’re very fun to watch and learn from, thank you for the debt help!

[@lala012310]

Yes! No matter how much debt we've had, my husband and I have always tithed.❤

[@ShivamShivamKumar-is2pd]

The worst mistake i can make is not to say “Well Done”. But I’m not such kind of fool who doesn’t have the eyes to see the progress. You really did it very well. Great Job *Future imperative corps* This is a great credit achievement for you, as well as for our company. You have shown us how to finish a tough task very smoothly. We have many to learn from you.

[@jackwillison177]

The stock market is risky But staying on the sidelines is riskier. Missing the next bull run will be far more costly to your long-term wealth than getting in at the "right price". Speaking from experience, I've grown my portfolio to £310k.

[@Williamjame444]

I wish I had that confidence in my portfolio. Despite the market's massive gains, mine has been stagnant. I'm considering selling off and moving my cash to a high-yield savings account.

[@AndreaRoberto-wm3th]

In 2008, I told my wife not to sell our stock to pay off the house, saying it's not a loss until we sell. Despite a $100,000 loss, we consulted a financial advisor, held on, and later gained it back plus $1.7 million to date. We used the extra gain to pay off the house and are now debt-free. She was glad she listened to me.

[@MizThe]

Could you share the name of your advisor? I'm in need of some assistance.

[@AndreaRoberto-wm3th]

I'm cautious about giving specific recommendations since everyone's situation varies, but I've worked with "Melissa Elise Robinson" for 13 years and highly recommend her. See if she meets your criteria.

[@MizThe]

Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.

[@trickyplays240]

I was blessed to have a friend take a loan out, he’s part of a credit union and his interest is super low. I was able to clear my debt and only pay $230 a month

[@brentkillian]

The faster you pay off debt the less the interest rate matter

[@marewaltwms1]

I used the snowball method in 1998 using John Cummuta Debt to wealth system didnt even know dave Ramsey existed. No matter how you learn about the snowball method it works.

[@demoticshadow2494]

TESLA logo on screen saver and Tesla hotwheels on my desk! Keep your goals in front of you

[@johnnyg7899]

So you plan on getting into more debt just to impress the girls who will take your money.

[@jeanniesabol5410]

Right about so many things. You help people move on from terrible circumstances. You help so many people, more than you know.

[@ohgeez1000]

Another big plus for the snowball method is that your credit score goes up because of your utilization

[@MzCynt08]

I'm a person of faith and I'm so glad you discussed the tithing. I really dont hear enough about tithing. With God's guidance I'm crushing my debt.

[@raulsalanaranjo6565]

I bought my second hand motorbike with money I already had in the bank, but I have had debt problems in the past. While I would favour the avalanche approach, the snowball is, as stated, better in human terms. I would also say that if someone has a 5000$ debt at 6% and a 6000$ debt at 15%, even if the snowball method tells you to go for the 5k first, go for the latter. It makes almost no difference and you’ll save a lot of time and money

[@gregb2758]

Makes sense if interest rates are similar but here's an example. 25k credit debt at 20% Apr 10k student loan at 5% Apr 6k car at 4% Take a year to pay off the small debt while your most significant debt racks close to $5k in interest. IDK about you but I would never recommend a debt snowball if this was case.

[@Gchildwarrior]

True, plus debt avalanche reduces interest owed if it is a group of loans (student loans)

[@ColleenJoudrey]

My scheduled date is Dec 1st this year and I'm getting really dang excited for it. 3.5 years to pay off 32k.

[@freeestyleobsessed]

Let’s go! You got this!

[@ColleenJoudrey]

@@siva47931 Thank you for doing the math.

[@sounmarkunmarkunmar]

Hey ppl, I'm a retired computer/IT person, Yet I still find *sentinel Recover* so informative and straight forward. Thanks for your advise and helping the people...........Great work and love watching.

[@willyyoung2200]

Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in June 2022...

[@ahmedla7773]

lam new to investing, can you guide on how you do it.

[@willyyoung2200]

@@ahmedla7773 yh

[@willyyoung2200]

I engage in various prolific Investments by compound interest & leveraging and as well operating with an Investment Professional Mr Robert C Michelle, So far I've attained returns over 12k this mon'th.

[@Ethan_01]

Wow😊l know him and I have also been trading with him, he's such an amazing man with good skills, keeps me happy all week knowing I earn 15thousand extra income trading with him.

[@camilacarlos9030]

His trading income stream is mind blowing, I also trade with him . I've made $26,500 so far trading with his guidance/advice .

[@SpinOrLose]

I’m $18k in credit card & loan debt. Majority of it was from gambling debt, I’m in a six figure salary, yet, I can’t seem to get out of debt. I have an addiction that is getting me into a deep hole, but we will get out of this!

[@flowforever9084]

Pray for deliverance 😢

[@flowforever9084]

Pray for deliverance

[@aishabah6507]

i will be debt free by May 2024 😃. i cant wait

[@SAreamusic1]

Did you do it?

[@AshokKumar-cx4mu]

Having someone like you who’s not only a great innovator but also pulls his best to get people's credit fixed so beautifully needs nothing but appreciation. *Future imperative corps* Thanks for the well off work you consistently bring your all and I truly appreciate that. Thank you for making corporate life so smooth. Proud to have you on our team. Great work as always.

[@angelfriend3710]

I'm debt free next month! I will say that there is a blessing to tithing 10% of your income! It's not only a work of obedience, but also contains a reward. In the Bible God offers blessings attached as a reward for being obedient in it! He will: make your week go smoother, knock down obstacles and problems, pour out His peace, give you huge amounts of favor, draw you closer to Him, and just all around give back so much more than your paltry 10%...just for being obedient! Try Him and see!! Thanks for including tithing George...almost no one will! Thank you for your example! Have a blessed day!!😊

[@angievol09]

Amen!

[@HrudayKumar-nb3qf]

I am truly inspired by this method. I will try this. I liked the way you encouraged Tithing, one must do it.I haven't heard anyone talk about Tithing in these kinds of Videos. I liked it very much.

[@failingup4907]

Everyone talks about when they are paying off their debt, but no one talks about how much money is taking every month to pay it off When I see someone say, they paid off $64,000 off in 2 years, what kind of money is that person making. I'm sure that person isn't making 30k a year. Probably 100k.

[@sassysuzy4u]

I'm doing the snowball method. I make almost 35. I am currently owing 13727.44 (not counting student loans because that is a whole other animal to me) and lord willing and the creek don't rise will have it paid off by the end of next year and have a $2K savings cushion. I focused on paying off my car first because it is old and I was very upside down on the loan. Just finished that so now if anything happens to it at least I wont be paying for a car I can't drive. My food budget bounces between $50 and $75 every two weeks for just me and my fuel budget is $80 every two weeks. Does that help give you a better idea of what to expect?

[@AllThingsConsidered333]

My net income is under $20,000. Very difficult to pay off debt that I got into with a decade of serious illness from tick diseases.

[@Hope.Akello]

Not really. When you make a decision to pay off debt, you are going to see multiple sources of extra income and multiple ways to cut off expenses. I have been making payment of as little as $5 on the debt I am handling. I cut off cost of doing hair from $10 to $3.5 and used the balance to pay debt. As long as it moves an inch, it has moved

[@MJandMOM._]

I love that we have the same beliefs! 10% off the top then moving forward with the method!!!

[@barttfisher]

I wish I invested in stocks earlier but still grateful i kept money in the money market. With about $200k maturing soon, i plan investing in the stock market. What stocks should I look into as a newbie to safely grow my money?

[@HildaBennet]

Whenever you're ready, hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.

[@FinnBraylon]

Controlling my portfolio cost me losses in 2022. So, in January 2023 I sought advice from a fiduciary. Through restructuring and diversification with dividend stocks, ETFs, Mutual funds, and REITs, my $1.2M portfolio surged, yielding an annualized gain of 28%.

[@HildaBennet]

Your manager must be really good, how I can get in touch with them as my porfolio is not performing as expected.

[@FinnBraylon]

I have “Sonya lee Mitchell” as my investment manager. She has a solid reputation when it comes to diversifying portfolios and making. Them less vulnerable to market downturns. She may be a name you are already familiar with from Newsweek.

[@HildaBennet]

She seems well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@rubenalvarado4463]

$5,500 to go! I paid $750 this month towards my credit debt and I'm very proud of myself. I'll be eating rice and beans the rest of the month, but I want this debt gone already!

[@JAH-iu3yh]

Thank you for mentioning tithing!🙏🏽😇

[@Priyamise-k9l]

The efficiency of this *sentinel Recover* is next level. To juggle walk throughs of various angles on the topic delivered to-camera, differnet content per topic from various folks underneath the umbrella of the track list of the larger big band concert itself is engaging and refined. To make a dense taccess like this so digestible is really something. Awesome work *sentinel Recover* !!

[@ChloeMacy-je1nu]

Big ups to everyone working effortlessly trying to earn a living while building wealth. My wife and I we are both retired with over $2 million in net worth and all paid off debts. living smart and frugal with our money, made it possible for us this early, even till now we earn passively with our asset coach.

[@GabrielZi-xr6zc]

Excellent choice having a great savings and more streams to earn makes life goal’s easier but our way of life needs better alternative,at the same time, people also need to be more responsible. I know for a fact that there's a lot of people that simply don't make enough, I make roughly hundred plus a year and in California, rent inflation alone eat up almost all of what I make, with dependents and other obligations included, it's easy to end up with zero. however it’s a good time to add to existing asset holdings as follow -on opportunities

[@KateEngdahl]

I resonate with what you said ma’am, you could also take advantage of some growth stocks at the moment, every pro is currently bagging on some digital surge. For me, my coach Marisa Michelle Litwinsky has been using every opportunity to ensure I benefit, well positioned as I’m also privy to improve. It completely changed the approach for me, feel free to write direct to help construct your approach as well.

[@HilaryPhan]

I have got Marisa Michelle Litwinsky résumé, also part of an audience with he’s options, a huge economical nerd, these well anticipated results has impacted a lot of exposure for me.

[@TikamSahu-oc2ru]

I just wanted to say thank you for sharing this. Because you're right. The worst thing that you can feel is hopelessness. And I hope that someone who is on the verge of losing hope finds *sentinel Recover* and realizes that as long as you're still alive and breathing, there's a chance, there's HOPE that the future is brighter then the present day.

[@amanqureshi4903]

The way you approached this project added so much to the successful loan & mortgages approval. It’s great to see how your unique perspective contributed to the outcome. The role you play on your job *future imperative corps* is crucial. I really appreciate the constructive consultation you give to me regularly

[@slashdash5279]

I started the debt snowball in Feb 2024 and paid off 15k out of 56k so far. Take extreme ownership and follow it if you are in debt. Too many excuses for those who don't do it.

[@FirstIdrinkCoffee]

Amazing content buddy! I’m debt-free and investing is the reason I’m financially independent!

[@knockoutlightz]

More like gambling

[@FirstIdrinkCoffee]

Lol! It’s not. Over the years, I’ve made a fortune from Stocks, Real Estate and the Non Farm Payroll. I’m currently touring the world, and I’ll be starting up a new business in Q1 of 2024. Believe me it takes brains and experience!

[@philcrowley007]

It’s no get-rich-quick scheme, with patience, hard work and smart work the financial market is more lucrative.

[@joliechabot7489]

George's explanation on giving and his acknowledgement of the opposing side is pure masterpiece. I don't tithe, but I feel like I should.

[@SJhikes]

I’m here for the “Dadgum” energy.

[@ShoelessJoeChristian]

Thanks, George! I love your videos! The Snowball method works best for some people, but for others, the Avalanche works better. It all depends on what motivates you more--quick wins or interest math. Debt is not always a behavior problem--some us are just trying to pay off our student loans. To say that you think the Snowball method is superior, or works best for most people, is fine. To say that it is the best way for EVERYONE is not helpful for people like me who are more motivated by tackling the high interest debts first. Why does Ramsey Solutions think that we don't exist?

[@UnknownUser-tq6ru]

Higher debt with higher rate gets paid down quicker when your smaller loans with lower rate are GONE.

[@LYRC11]

@@UnknownUser-tq6ru that makes absolutely no sense. If you're only paying the minimum due on the high interest rate cards then the amount you're paying in interest negates paying off the smallest debt with the lowest interest.

[@Whiskey11Gaming]

​@LYRC11 the method Ramsay uses is about psychology and how the small wins keep you motivated to pay off debts. Not everyone has the discipline to start with the highest rate first and tend to lose motivation and revert to building more debt. Looking at total costs, in a perfect scenario, or doesn't make a much sense... but it does work for a lot of people.

[@ConnorM97]

Thabk you for this! I love what you said abou giving even when you're in debt. That's really beautiful.

[@_R2]

It is not the fastest way to pay off debt humanly possible. And it is not the best way for everyone. I paid off my debt using the avalanche method. Motivational-wise it is for sure harder, but I was glad that in the end I saved not paying more interest than what I did. My motivational boost was seeing the numbers go down and being able to squeeze more out from my income towards the payments.

[@Gchildwarrior]

Exactly how I want to tackle my student loans. The interest owed will get smaller if I tackle the higher int rates more

[@traceyberesford6246]

i’m $32,331.33 in debt from the over 60K that it was years ago. I have A LOT of people in my life that tell me debt is irrelevant no matter how much you have. This comment section has given me a lot of hope. i can’t wait to be apart of the debt free community

[@VishalOraon-eu9ml]

*TECH SAFE GUARDIAN* hard work brings positive thought

[@Ava-hf6yk]

Having someone like you who's not only a great innovator but also pulls his best to get the work done so beautifully needs nothing but appreciation. *KuTechie* Thanks for the well off work you consistently bring your all and I truly appreciate that. Thank you for making corporate life so smooth. Proud to have you on our team. Great work as always.

[@ericaterrones16]

July 2026. Debt free!!!

[@malayjia1023]

Amen

[@kasession]

I did 'snowball' instinctively (Didn't know Dave Ramsey method). It worked for me. 👍🏿

[@NATSO539]

The way you approached this project added so much to it. It’s great to see how your unique perspective contributed to the outcome. The role you play on your job *TECH SAFE GUARDIAN* is crucial. I really appreciate the constructive feedback you give to me regularly

[@Aryanwakodikar]

This channel is the sole exception where I haven't skipped the promo ads. Your finesse in effortlessly integrating promotional content within your videos is genuinely impressive. Sometimes, it takes a moment to recognize that you're endorsing anything; I commend *sentinel Recover* for your adept execution in this aspect

[@EPPOTTER-k6i]

When you follow Dave and you automatically know the answer to this video but George is hilarious with an awesome personality that you still watch the video 😂❤

[@jillkennedy6993]

Me right here haha