How to Get Rid of Credit Card Debt Fast || SugarMamma.TV

[@ChloeMorello]

Canna love this video. I'm thankful I've never had a credit card but will share with all my friends in case some of them are in debt!

[@SugarMamma]

***** Thanks Chloe! A lot of people have a dirty little secret but we are going to help clear it all up for them and make it better again and give them valuable advice and knowledge! xCC

[@janebaker4912]

When I met my bf he had over 23k in debt. 3k I cc debt from his ex. (He also had his ex's dog and worked with his ex's mum) and car debt that had negative equity just rolled over from many cars. Now he's debt free!!! New better job and over 12k in savings! V proud of him

[@helensosa3791]

This is exactly the same principles from Dave Ramsey in finance peace university class. I hope people follow this steps. We payed 40k in 24 months with This steps.

[@ckpeony]

I'm so thankful I came across your work and your channel via Chloe. I studied business and finance in university, and yet even after I graduated, my personal finances are a mess. I've made some big life changes, including job changes, international moves, marriage, divorce, and a new apartment. Credit card debt is exactly as you said: shameful, embarrassing, and I can't seem to get out of it. Your video was so empowering. It was everything I needed to hear, and I feel like I can trust your experience. I'm going to put everything you said in this video into action. In 6 months (maybe even sooner!), I hope to be debt-free. Thank you, thank you, thank you.

[@SharonD.Spiker]

I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses.

[@SharonD.Spiker]

Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner..|

[@GiustinaDewitt]

I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including KZbin channels, seminars, and more.

[@GiustinaDewitt]

Thanks to these recommendations, I successfully located her online profile and have already reached out to her with a message!

[@thememoryguardians]

Credit card debt has been such a shame of mine. I racked up $9000 in less than a year and had been paying so much interest. About 3 minutes into your video I decided to find an extra $100 to pay off my debt. I already paid $200 this month which surpasses the minimum requirement but any extra amount helps. My CC debt is $8700 now... still horrendous and it feels like $100 is nothing in that size but I'm hoping once I get to $8000 I'll start to feel like I've got a handle on it and it's possible that I will pay it off one day... My biggest tip is to call the bank and ask for them to lower the interest rate - mine went from 20% to 3%!!!!

[@SugarMamma]

Thats good! Its still $100 more than it could have been. Keep going! xCC

[@gilldachada8079]

Hi Canna, thanks to your encouragement I set myself the goal of being rid of credit card debt AND having the equivalent amount saved up somewhere so I wouldn't have to keep ending up in credit card debt..and I did it! Thank you…I never thought I could because I don't earn a salary but freelance. Now..to tackle the concept of investing, again, something I've never done before.

[@briannajohnson888]

Oh. My. Goodness. It's like you were speaking about MY personal situation!! I consolidated my debt, ignored and ended up in twice as much debt! So so glad to hear someone say that paying off the smallest debt first can help, I've been so disheartened with my big debts hardly going down, but I'd always been told to start there. Changing my direct debits NOW to smash out my smallest debt! Thank you, thank you, thank you!!

[@SugarMamma]

+Brianna Johnson That is awesome to hear Brianna... small steps but you will get there and then it will be a huge wait lifted off your shoulders. Plus you will have learnt so much from this and can hopefully avoid any major debts in the future! xCC

[@briannajohnson888]

+Sugar Mamma oh I'm definitely going to be one of those people you mentioned that's swear off credit cards for life!

[@nikkibogosavac274]

Hi Canna! I have just recently finished up working for a Financial Licensee Dealership so I understand how vital the advice from a FA is. Ive met some great FA whilst working for this company but never one as selfless as you!!! This information on your channel that you are sharing (for free) is astounding and I am so grateful for it!!! The power and knowledge your sharing is priceless, keep up the amazing videos xxx

[@afterthisourexile6542]

You are so motivating to me. I just made my list of credit card debt in ascending order, and it is scary. But I took a deep breath, and made the decision to take the steps to pay it all off. Thank you. Thank you.

[@CoriScherer]

Love this video! I just recently opened my first credit card and am very cautious with it. I pride myself on having no debt but am also very very lucky to never have had to risk getting into much. I try to learn as much as possible about saving, finances, and credit cards to avoid any trouble in the future. Subscribed and looking forward to watching more of your videos and hearing your tips!

[@SugarMamma]

***** Hi Cori! Thanks for your comment! I have lots more videos coming every Monday so I hope you will find some good tips for yourself! Stay turned! xCC

[@iresine31]

This was so helpful. I was that person that consolidated my debt and didn't change my habits since the zero interest rate put me in a state of complacency. Now I have large automatic monthly payments going to my two cards and should be paid off in 14 months. Thank you!

[@SugarMamma]

That is great... well done for tackling that dreadful debt that none of us need! xCC

[@thememoryguardians]

I got rid of my credit card a few days ago! It feels so good :D I've got to say though it was because I was blessed with an inheritance, but before it felt like I couldn't get on top of it.

[@BleedingLoveDes]

I've heard about your channel from Chloe and I did not regret watching your videos! I am a student therefore I have no loans yet! & thankfully I watched your video to not go through that road. Big THANKS!

[@hannrkelley]

You're lucky to have found this so young! I love my degree and it can get you into an industry (mines biological sciences) but I would recommend being clever about it and not jumping into uni straight away for suuure. Most times if you're vigilant you can get into ANY industry without a degree first...get it later if you want to ADVANCE. I wish I'd known that. Ds get degrees but degrees don't necessarily get jobs lol.

[@BleedingLoveDes]

I'm a college student, thankfully we don't have to pay high fees for our study in Qatar, to be honest its kind of free! If you are a Qatari. I have to study though this is very important to me and to the country it self! They encourage us to study and get high degrees and that is really motivating.

[@Msbmmakeup]

You really made me see the logic of paying off debt by the lowest amount first. I have tried to consolidate all debts to one card and have made the mistake of using the cards I just paid off to buy more things. thank you so much for all this info.

[@SugarMamma]

+Msbmmakeup My absolute pleasure... I think most of us have been trapped by credit card debt, it is so scary how out of control your finances can become when you have a credit card or multiple cards. xCC

[@AliceOfAnotherWorld]

It's amazing how you're obviously a very well qualified financial advisor but it's almost like you have heaps of experience in psychology and the way people think about money. Very interesting video to watch!

[@SugarMamma]

Alice-Maree Raitt Oh thank you! I love helping people with this sort of thing! Lots of valuable advice coming your way xCC

[@candicehunter9067]

You are simply brilliant!!! You make it all seem far less scary and I appreciate that so much. Looking forward to all your videos! 💪

[@bojanamandic2096]

Hi Canna, just wanted to say that you are so inspirational and you have motivated me to start saving again PROPERLY this time. After watching this video the first thing I did was cut up my credit card into tiny pieces and it felt good! Thank you so much and I look forward to more videos xx

[@lilasiankid214]

I just cut my two credit cards and it feels great. I couldn't imagine what it would feel like to actually pay all my debt off. Thank you for this wonderful video!

[@SugarMamma]

Well done for getting rid of your cards... You'll get their with tackling your debt, you've done the first step and now its time to put some strategies in place to reach your goal of becoming debt free! xCC

[@Nate1975]

its a great feeling when its done

[@jbirdchapman]

As soon as you said cut your card, I paused this video and cut my card. I feel so so good. Thank you xxx

[@NickiKinickie]

This is so helpful thank you. I am from the UK and my hubby and me have rented for over 6 yrs but now want to buy. House prices are sky high at the mo and therefore so are the deposit amounts and because of renting it is near on impossible. My mum has offered for us to move into hers for a year or so to save which is amazing but first we have a few thousand to clear on CC before we can start saving. Have started selling lots of stuff on ebay (we have to downsize anyway as moving into mums!) and from now any extra cash even if it is £10 or £5 will go on clearing that debt so when we live at mums, most of the time is spent saving for a house. Great videos! Keep them coming!! :) xx

[@glssmrbl]

+Nicki Kinickie Great strategy.

[@ageisonlyanumber8334]

+Nicki Kinickie Are you interested in buying what you rent? If so, talk to the owner about lease/rent to buy that we have in the U.S.

[@ledaf9293]

Thank you for your content. I haven't had credit card debit before. But I do have a student line of credit that I am doing everything I can to pay it off. Excited to watch more of your videos after work.

[@Sylvaintonmotivateur]

I stepped out of dept with YNAB (wich is a budget software, wich is "teaching how to budget). Budgeting is a key and could (i want to say should) be step 1. I didn't cut my credit card, i paid them, i didn't used them. Cutting them, FOR ME, was like saying to myself : you can't learn / you can't hold yourself from using it so i'll make sure you don't use it. I once throw weed in a trash to force me to stop, and it didn't work. BUT, cutting a credit card or throwing something in the trash CAN help you if events turns on a good timing for you, but might not be the solution for everyone. I wish everyone to be a grown adult with money, cause it can be a great thing (not the best world but...). Thank you for your video! I'm sure you are helping a lot of people out there! :) BTW: I quit weed and quit dept in the same time. Sometimes, it's all about an ultimate choice you have to make inside, but too afraid to do it. Trust in yourself, Trust in your dreams and a lot of pushing FARER your self-imposed limits. :)

[@doomslyr]

Great video and very realisting and practical approach :)

[@oliviahart8219]

Thank you thank you thank you thank you! i love all of your videos and I'm starting to feel more in control of my financial future! just chopped my credit card today! THANK YOU! xxxx

[@jtopcatz]

Step 7 close your accounts. Call the card company and close the accounts. Then ask them for a new arrangement with the primary goal of lowering or eliminating interest. This will make your monthly payments more effective as all or most will go towards the principal. If you want to keep some, keep the oldest ones to maintain a payment history on the credit report. Some creditors will just offer a lower interest for the asking and some will ask if your in a hardship and ask some basic financials.

[@LisiLisandra1]

Thanks to chloe i now love this channel. I really want to start taking note and learn cuz i really need a change on my finance

[@marslim9580]

This video was in my watch later list since last night. You are so lovely! I will need to watch and listen to your video again... ..this time not focusing on your looks, but on your message. Thank you Sis.

[@dasfam2008]

Great advice!! It's not mathematically the most efficient way but you took into account emotions n habits , As smart as we think we are emotions become the biggest factor while making important decisions.

[@sushmavarsani5014]

All of this resonates with me. It makes so much sense for me. You're so right, if I consolidate, I will be in double trouble, guaranteed, and super stressed out, because my mindset will not have changed. I also like the idea of paying the smallest debt first. I think I would find it really empowering to realise I AM in control of my situation and I am perfectly capable of getting of debt. Sometimes I tell myself "what's the point, I'll never get out of debt". That's because I try to tackle the worst problem first and give up even before I've really tried. I will implement these tips from now on. I think they will help. Thank you so much! Ps. your beautiful roses are singeing

[@SugarMamma]

I hope they do... Try to keep motivated and positive even when you feel like it's all too much and you want to give up! Small steps and I can't wait to hear back from you to tell me you're completely out of debt! xCC

[@frandegroat7943]

my husband orders stuff online with the card numbers,and won't stop!!

[@BlueJadeU]

Call the credit card company & tell them the card has been "lost" & you need a replacement with a different #. Keep an eye out and intercept the mail. Call & activate the card. Once it's activated, the old # he's been using will become void/inactive. Then you can hide or cut up the new card.

[@janebaker4912]

Fran DeGroat .. you may need to have some hard talks with your husband 😶 it's not okay!

[@researchinstitute2675]

The new reality for many responsible consumers is that income drops while expenses either stay the same or increase (example insurance rates increase).

[@sheldonalex]

Lovely tips, especially the tips about paying off the lowest debt first and working down the list.

[@SugarMamma]

Thank you, glad that you liked this video. I will be doing another one soon! xCC

[@ShanaMoore]

SO glad Chloe introduced me to you!

[@MrFastFarmer]

Sugar Mamma... hahaha. Well aren't you a class act! Blonde, gorgeous, and intelligent... I really have no idea how I got myself into so much personal debt, but your words of wisdom are very practical and sound. Great video.

[@PauRyn03]

Very helpful! Thanks for sharing your knowledge. I must say that everything you say is doable, practical, and rational. More power to your channel!

[@holliemeehan5640]

I'm in debt at around £1000 iv bin doing this and it works it really does xxx

[@MoneyFreedomTodaycom]

The snowball technique is a great way to get out of debt.

[@SuperScootz]

Thank you so much, I'm thankfully not that deep into debt right now, but I'm fearing for my future financial life and I need to get out of my debt now. Thanks again for giving me hope :)

[@teamvylan6617]

I'm really glad I found your channel via Chloe Morello's video. Your channel is something I really need, will be sharing with my friends. Thanks for existing!

[@jdssurf]

I’m watching this again 2 years later lol, I did good for a bit, now I’ve fallen back again, gonna hit it head on again. Your adorable, hope all is well, I’ll check to see if your doing new vids still. Take care and thanks for the motivation again lol.

[@isamarcolon7043]

I love this video. Thank you for the tips. I have a similar case as the girl who commented below. I am a full time student and full time worker. It is extremely difficult to manage my money. I have so many expenses and bills. Please do a video in regards to managing your money, and/or making more money while in college. I feel like I do not have enough money to spare for leisure activities or shopping etc.

[@SugarMamma]

Isamar Colon No problem, I am going a video for you xCC

[@isamarcolon7043]

Thank You ;)

[@brookvr]

Great advice after watching this video has help me to sort my credit card debts never again I will use credit cards now I have budget my money I have learnt my lesson

[@SugarMamma]

Nice work Craig! xCC

[@brookvr]

+Sugar Mamma thanks the mistake I made was doing balance transfers and using them x

[@KennyandGee]

If you own a home and are still in debt, please feel free to email me. A lot of times you can take equity out of your home and lower your monthly bills by hundreds of dollars. I'm a mortgage officer, [e-mail]

[@Nuenna90]

Great video:) hope your channel grows a lot!

[@SugarMamma]

Nina Svane Thank you! xCC

[@mikalsalas7969]

This video was very helpful! I'll check out the rest of videos. Thanks !

[@heathranneross]

Unfortunately having a credit card is important if you need to book any type of travel, flights, or have an unexpected & expensive emergency! So learning good credit card habits is vital and these videos are wonderful for tips to avoid getting in over your head.

[@imapineapple15]

Heather Ross credit cards should not be for emergencies. That's what emergency funds are for.

[@heathranneross]

Very true! And ideally, you would have enough in there for that to be the only method needed. But if your emergency fund is tapped out due to a sequence of unforeseen costs, having a card as a backup source can be vital.

[@michebar1]

Cutting up the cards doesn't always stop the spending. Mine was linked to my paypal account and ebay shopping. No need for an actual card to exist. Last week I finally got a debit card linked to my savings account so any ebay purchases come directly from my cash account, not credit.

[@stephaniebant]

Changing my life as you speak! 👏🏽

[@courtneyradcliffe7069]

A video on personal loans please! Mine has just become enormous and I feel a bit overwhelmed. I originally got the loan for a car but just added on top for little things!

[@SugarMamma]

Courtney Radcliffe Okay, leave it with me and I will see what I can do xCC

[@evita6385]

One huge tip my dad taught me don't ever get a credit card ! Wish I listened . But life happens.

[@Quoya.]

I just paid off my credit card :)

[@SugarMamma]

Yay! I am smiling! Now to build some savings so that you never need to use a credit card or if you use a credit card you always pay it off in full each month! xCC

[@Quoya.]

Sugar Mamma Yes :) I plan on watching several of your videos and taking notes as I go !

[@salinasn3]

Quoya me too and now I’m working on paying my last credit card

[@pim1234]

I subbed, have no debts but can look at you all evening

[@troythegreat777]

Credit Card debt is the last hindrance on my networth. Thank you for making videos!

[@marksantucci4230]

Hi Sugar Mamma prepaid cards are not prepaid credit cards. there an option instead of cash, debit or credit there just prepaid cards they don't build credit. there meant to purchase items. I still use cash to at certain merchants. cash is wonderful .

[@carolspacagna7814]

I subscribed to your website but didn't receive a link to the budget sheet. Is there another way I can access it.

[@Cdnlynx]

sounds easy but when you have no savings and due to car repairs the larger months haven't stopped! How can one save an emergency fund when the emergencies haven't stopped coming

[@KennyandGee]

If you own a home and are still in debt, please feel free to email me. A lot of times you can take equity out of your home and lower your monthly bills by hundreds of dollars. I'm a mortgage officer, [e-mail]

[@nsant]

Cars breaking aren't emergencies. You should be budgeting for them breaking down

[@hilaryjoseph9706]

Kenny Graven isnt taking equity out of your home increasing the amount you owe the bank

[@laiabranch5729]

I like your use of illustrations (like juggling the balls) using illustrations really is an excellent teaching tool.

[@skyfeatherandbow]

I am totally agree to pay everything in cash, but in the case when I'm shopping online which I do it most of the times & have to use my Debit card, I feel that paying with Credit card is actually safer in the case that your card got unnecessary charges you can just dispute them. With Debit card, I feel like if someone cyber-ly stealing your number then yo will loose all your money in thin air! Any thought on this? Thank you!

[@marygarcia-l7t]

skyfeatherandbow I also feel that shopping online, such as on American websites, is easier with a credit card. Is it bad to shop online? Like Paypal does have my info, which makes it easier to spend... could you make a video on shopping online: do's and don'ts? Thanks!

[@hannrkelley]

Catharine Mansouri I second this request! Me and books (used to be makeup too but thank god I got everything I'd ever need in that spree) go together too well! Some advice on online shopping would be good even if we're not in the thick of it anymore, it is tempting!

[@LilRyan732]

skyfeatherandbow You can pay with the credit card and immediately pay it off from your checkings. In this way you can rack up cash rewards as well.

[@glssmrbl]

+skyfeatherandbow PAYPAL can force you to use cash safely.

[@commoncentsmike7733]

+skyfeatherandbow As someone who works in personal finance I can tell you that you won't be held liable for charges you didn't make regardless of using a debit or credit card. However if someone does steal your card info, I would much prefer they not take my debit card because if that happens, just like you said, my money is actually being removed from the account! Not good. As long as you pay off your full balance to avoid paying any interest I would recommend using a credit card. Builds credit, don't have to pay interest if used responsibly and you can even earn money.

[@emmalindblom]

Hello! I am subscribed to your channel and website but I can't find your free budget planner anywhere! Help please!

[@lynncorp1850]

I just confirmed. Looking forward to the budget. Thanks.

[@SugarMamma]

Thanks Lynn... it can take up to 5 minutes and don't forget to check your junk mail folder in case it's gone there. xCC

[@hassanm5128]

Thanks you are smart I never had credit card at all and I have no intention to have it in the future

[@SugarMamma]

Thanks Hassan! xCC

[@noelfabro8352]

awesome. i am also just wondering how we can tackle our car loans. and i found that the debt snowball strategy (starting with the lowest loan) is good to help you change your mindset because you can immediately see the results but the most effective is debt avalanche strategy because it's faster.

[@Mystic0Dreamer]

I do have a question. I am currently in credit card debt pretty bad. This has been building up for many years, and I've been really bad about not even trying to keep the interest rates down by transferring balances etc. Before I ask my question let me explain a few things. I have 6 credit cards. Two of them have pretty large sums on them. They are basically half of the maximum on both of those cards. One card I have has a high maximum limit, but it is currently paid off. The other three cards have fairly small amounts on them that I can probably pay off fairly quickly. Now for my question. Should I transfer those larger sums around to obtain zero percent interest for at least a year? This would require doing basically a "leap frog" type of thing where I transfer one large sum from one card to another to obtain the zero interest on another. Then transfer the large sum from the second card, back to the first. Because there's no way that I'm going to pay those large debts off anytime soon. In other words, will I benefit by having this third card that has a high limit on it allowing me to do these transfers? Wouldn't cutting out the interest be helpful? I don't mind paying the debt, because I'm really happy with what I purchased to get into debt. But I do feel frustrated about having to pay so much interest. So paying the debt doesn't bother me. But paying so much interest does bother me.

[@romyjugroo4542]

I find it easier to stay out of debt by growing fruits and vegetables,for which I would have had to allocate a generous fraction of my salary,it's like growing money,and as bonus,no pesticides and a good workout on a sunny afternoon.Nice video.

[@SugarMamma]

Romy Jugroo Hi Romy ! Wow ! Great idea! xCC

[@shawnljackson6233]

Wow! This video was VERY Helpful. Thank you.

[@skyjones4028]

Thank you very much for your very helpful video. I did learn a few things, and I now feel that perhaps I'm able to sort out my problem without a debt counsellor. thank you so much. PS, your lovely, clean decor inspired me too :)

[@lovemym16]

I can remember everything I bough because i did not have a choice! IRS forgot to take taxes out for a year and a half!

[@jdssurf]

Problem, most places don't require you to have the card. They can still look you up. Plus online purchasing can be linked to your card.

[@glssmrbl]

+jdssurf This is very true. Frankly I don't see how so many ppl can have this strong an urge to use credit so freely. I have never had a bad experience with credit cards. Most of my knowledge about it's downside comes from other people's stories. Personally, I like the rewards which I use as an additional budgeting tool for saving or paying for obligations.

[@jasons8798]

That's how I felt. Then all the sudden I was in over my head. I don't even know what happened to me, their were things I wanted so I could enjoy my life more, things for high end fishing, golf, mountain biking, musical instrument items, I got tired of getting older 40 now, and being single and wanting to live it up before I slow down. Now I gotta pay for it lol. I'll be fine though, I'll just try to hammer on these cards the next year or 2. Tax returns and such bonuses or flipping things on eBay all helps. Yeah so just be careful, it can happen to the strongest of us. Life is odd.

[@glssmrbl]

Fair enough.

[@Korbin57]

Wonderful videos. Even at my advanced age they provide good advice.

[@SugarMamma]

+Stephen Sprenger Oh thank you Stephen. xCC

[@caracorson6067]

Great video....I love watching your videos...I learn alot. My question is about savings accounts. When I have money in savings I have trouble not touching it....it is as if it is calling to me to use it....how do I deal with that? Thank you!

[@Kaylanniex]

Just cut up my credit card! Thank you for the helpful tips xx

[@livvy177]

hey i can't find your website, tried typing it in and didn't work...can you link it in the description in your videos so it's easier to access?

[@flagondrykb]

I'm going to show this to my brothers. They're bad with money!

[@SugarMamma]

kush begum Ha ha...make sure the subscribe!!! So that we can keep them in check! xCC

[@mylinda2387]

excellent advice ☺ thank you for sharing

[@ungata101]

This was helpful for anyone who needs this 😀

[@AleanK89]

Should you close the account along with cutting up the cards.

[@2RS5T]

Awesome video....awesome advice! Thanks!!!

[@saraymss]

Love this video. One question: after following the first step (cutting my credit card) how to deal with online purchases or hotel reservations?

[@user-di7tn3ki2v]

I thought in order to buy a house or big purchases you need credit ?

[@sarin.2421]

So helpful! How do I get a template please? xx

[@salinasn3]

You’re so inspiring! Thank god that I found you!

[@bexjor]

Hey Canna - just letting you know the Instagram button on your website doesn't work :) Great vid. I have officially finished binge watching all your videos!

[@lovalin860]

Thank u so much for the video, very educational; Im positive I could benefit from consolidating my debt, but where do I start? Would it affect my credit score? What credit company can I trust? I'm clueless

[@tinaeliepa]

This is brilliant. Thank you!

[@BirthingBravelyandBeyond]

This is very helpful! The hardest thing for me about getting rid of my credit card is that I actually get a LOT of air miles from my purchases. I like to be able to put the items on my credit card and pay it off right away. With this, my husband and I are able to do an additional roundtrip flight each year just with our air miles. What is your view point on something like this?

[@SugarMamma]

Bailey Evans I think earning points which help you save money on things such as flights is a great use of your resources. But don't buy things just to get points and pay your credit card off in full each month!! xCC

[@RedWolf69]

Thanks! I really hope this will help me out of debt for good!

[@MrMundo3d]

+RedWolf69 how do you get in debt in the first place

[@RedWolf69]

past me hates future me and was stupid

[@MsXtraordinary]

+sugar mamma what are your thoughts on using equity in your home to pay credit card debts???

[@abigailgayla5794]

Great Video! I'm getting married in August and I've got a list of vendors that need to get paid off before the wedding. I've paid for any initial deposits already but I'm overwhelmed with the final balance due. I've got a "Life Account" that I'm getting great interest from. Can you suggest if its a good idea to start paying my vendors in installments or do the deposit lump sums 1 month - 2weeks prior to wedding date? Please do a video on budgeting on special occasions. engagement, weddings, holidays

[@happy_aussie_dylan]

Hey CC - just checking what video setup you are using here? Also, any lighting / mic tools? Thanks.

[@SugarMamma]

Hi Dylan, I use a Canon SLR camera, ring light and soft box lights….lighting is key. xCC

[@happy_aussie_dylan]

Thanks CC X

[@happy_aussie_dylan]

Hey Sugar Mamma where do you place your soft box lights?

[@lynncorp1850]

Hi ... Please send me a copy of the budget template. Thank you.

[@SugarMamma]

Hi Lynn, you need to subscribe to the sugarmamma.tv website... then you will be sent a confirmation email and shortly after a budget template. xCC

[@homewiththesomerfields]

This is so great, glad I came across your page! Question: What do you think about credit cards for business purpose expenses such as equipment breaks down suddenly or needs upgrade? Also are you based in Sydney? Thanks x

[@VytKotPil]

Just found you from Chloe Morello.. Really helpfull videos, could you please do a video about the best ways and paths to invest? I am just a student and want to take control of my finances ASAP.

[@vsop3338]

Remember that by far the #1 stealer of wealth is car payments. After a car payment, a phone with a big data plan, and tv payments(cable/dish) most people easily hand over $12,000 per year in hard earned money to pay for stuff they can go without. Very often it's not so much of an insurmountable income problem but a very fixable outgo problem. It takes focus and sacrifice.

[@warrenford2597]

and discipline for me at least

[@southbound1969]

And every time you buy a new car you must pay sales tax and in my state of NV newer car registrations are very expensive.

[@andreatamati9813]

just don't get credit card

[@Angela-Renae]

I'm on the road...just paid off 3 this year!!!...3 more to go by April 30, 2016!!!...

[@SugarMamma]

***** Brilliant work!!! xCC

[@sadeann6051]

+Sugar Mamma what about persons with a credit line that is considered "young" or short history, trying to clear up a credit card debt to improve credit score on a low budget

[@MakeupByDiana529]

So helpful thanks!

[@juliajudlin5795]

Thanks so much for these tips! Like many of the other commenters, I am currently a student with a very limited income, so paying off my credit card has been taking me a lot longer than I expected it would! I am also getting ready to finish graduate school in a few months, and because I live in America I have only six months after graduation before I have to begin making payments on my student loans (which are substantial). I know that you are based in Australia so you might not have a ton of info on how things work over here, but I was wondering if you could make a video about the best way to approach paying off student loan debt? Thank you again for providing us with this free advice!

[@SugarMamma]

Julia Judlin Working on this for you! xCC

[@juliajudlin5795]

thank you so much! :)

[@LoriWattnz]

My parents store credit card still a drama they have tried to pay and they have not got details correct The Warehouse credit card is not worth the effort.

[@011natalie110]

Found you through Chloe's recommendation :) Awesome video! I'm wondering if you could do a video on saving for students like myself who have to work with quite a small income but still have bills to pay.. Any tips or tricks to keep on track? I just figured out that to save the money I need for a trip I'm planning at the end of the year, I need to put away 50-80% (depending on how much I work) of my pay per fortnight... This doesn't leave much leeway for a little entertainment (ie. nice dinner a couple times and maybe clubbing once a fortnight) especially after paying bills every month :/

[@SugarMamma]

011natalie110 Absolutely! I am going a budgeting video shortly that will help you with this but still give you some sanity money as well! xCC

[@sandraguillen5789]

For a level 6 hacker who specializes in paying off credit card debts Contact [e-mail] . He's got a swift work in hand to advice you on increase your credit score too .

[@andretba5768]

This may be a bit contrary, but today is the best time to get into credit card debt, as long as you get a low balance rate. I have have done this over the last few years and used the zero interest debt (basically free money) to buy passive income shares, its awesome

[@SugarMamma]

+andre tba Not sure if I agree with you on this one…however different countries have different interest rates and policies…but I personally would never use a credit card to buy shares… xCC

[@andretba5768]

To clarify, you don't necessarily have to buy shares you can pay of your home loan. For example, you can do a 40k balance transfer from one credit to another credit you recently aquired, i.e., with zero debt, so now this card as a positive 40k on it, and transfer that 40k into an offset account against your mortgage saving you 40k in interest, whilst you pay zero interest on your original credit card zero interest rate balance transfer for 18 months. The way interest rates are keeping low you might be able to repeat this strategy in 18 months, if not just pay off the card with the cash sitting in the offset account.

[@imapineapple15]

andre tba you are playing with fire

[@andretba5768]

imapineapple15 the rate is zero percent, its free money!

[@imapineapple15]

andre tba​​ good luck with that. It's not going to be zero percent forever. I know too many people who lost everything betting with leverage. It's dumb. But hey, it's not me doing it. I don't know why you're trying to find validation for this, when you already know what you want to do.

[@sophiebeka1275]

Love ur channel. Maybe u can share some valueable advice on Investment and shares, how to choose an appropriate investment and so on. Found ur channel on chloes recommandation . Regards from austria

[@SugarMamma]

Sophie Beka Don't worry! I have LOTS of advice on shares and investments coming your way! This is my favourite subject! xCC