Shocking Credit Card Debt Confessions

[@jjbuckner]

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[@victorkreitner754]

I watch these videos to remind myself to never get in debt. Having money is only part of being wealthy in life. Having no substantial debt and being able to sleep at night with peace of mind is also an important factor in living a good life.

[@scrapper4563]

Totally agree! But also what I've found really important.....no job is 100% safe from being "let go" from. Especially nowadays. And if you don't have an "emergency fund" (at least 6 months of monthly expenses!) then you're gonna be in big trouble! Example #3 video.

[@BREEZYM6015]

​@@scrapper45636 months in emergency savings for me would be around $18,000. I have about 3 months right now. I don't know anybody that has 6 months in an emergency fund. Do you have 6 months in an emergency fund?

[@gimcrack555]

Very true. I got out of debt at age 36. Been paying cash since. I'm 60 and still out of debt and own my home out right. My bills are super low. So life been good to me being debt free for a very long time and will never go back. My credit score shows N/A and I don't care. Cash rules.

[@nicoleavery7238]

Uh no wealth is also love and inner peace, passion, health regardless of your financial situation

[@DraLaRoc]

Same 😂

[@rodrigocortes3641]

I had $8k credit card debt and about $2k in savings and $50k in my 401k, then covid happened and I was like what is my wife and daughter gonna do if I pass away or something. Luckily my job had unlimited overtime. So I got to work, paid off the credit card debt. Put $30k in savings and my 401k tripled to $150k all this happened in 3 years.

[@shea5542]

Damn!! Good for you!!

[@user-ms3ko5gn8e]

That's great! 👏 Also how did you manage to put so much in your 401k in 3 years? I thought the limit was twenty something thousand a year?

[@cavemanjoe7972]

​@@user-ms3ko5gn8e it is. OP is full of shit.

[@kelly4618]

​@@user-ms3ko5gn8e The OP had $50k. If they put in the max for 3 years with the interest growth I'm sure they are well over $150k. The compound growth is amazing. My 403b account has since incredible growth over the last 3 years. Something like 20% each year.

[@tracyaf6084]

@@user-ms3ko5gn8eyour employer match doesn’t count plus I would imagine just the growth in the stock market has upped the value significantly.

[@bcwilliams6147]

Had a coworker marry a woman and paid off her existing cc dept and she showed her appreciation by running the cards up three more times.

[@cassandrajones-s4f]

Hilarious!

[@roguered706]

I had a husband that kept refinancing his loans to pay off credit card debt until he went bankrupt. Being irresponsible with money is not gender specific.

[@BREEZYM6015]

​@@roguered706It may not be gender specific but one gender is more financially irresponsible than the other. 😂

[@lazyexistentialist4550]

@@BREEZYM6015Not true at all, there’s just more stigma against women doing it. How many guys do you know driving cars they can’t afford and buying expensive gaming setups?

[@roguered706]

@@BREEZYM6015 Such a casual level of misogyny is so indicative of ignorance.

[@AccessoriesAddict5528]

I have $4000 to go, down from $14,000, (since April 2024). I'll be debt free in October, (mortgage is already paid off, both cars are paid off), and I couldn't be happier!! Never again will I be in CC debt. NEVER.

[@conductorquackers]

Awesome to hear this! Im currently 17k in CC debt but do have a mortgage. Luckily I have a great paying job but it is still unacceptable. I was already debt free but went on a stupid spending spree to “Treat Myself”. Little did I know that I had racked up all this crap. Im on the journey myself & should be debt free by March 2025

[@AccessoriesAddict5528]

@conductorquackers Don't beat yourself up, we ALL do stupid things, hence my $14,000 debt. The way time is going, you'll have it paid off in no time! I wish you much success.

[@conductorquackers]

@@AccessoriesAddict5528 Thank You! This really means alot!

[@kayemiller3093]

Here is a life principle I had to learn - NO ONE IS GOING TO RESCUE YOU. EVER.

[@barnabusdoyle4930]

That’s not necessarily true. If you can convince the US government that your name is Ukraine, they will send you billions of dollars no questions asked

[@WynnDall]

Especially if you are not pretty or hot 😅

[@religion-free]

not true

[@a.e.carlton8712]

Never buy a soda when out to eat. Drink free water. Fountain drinks and alcoholic beverages have the highest profit margin at restaurants. My mom (CPA) told me this over 40 years ago!

[@lindajohnson.]

Exactly, they make a lot of money on the drinks.😢

[@bigcahuna42366]

That's why a lot of restaurants promote the alcoholic beverages over the N/A on their menus. The prices on those drinks are marked way up and are a lot cheaper to make at home.

[@debbieframpton3857]

That's okay I'll have my iced tea when dining out

[@brindacockburn4033]

Dont go out to eat

[@AccessoriesAddict5528]

Order water and bring your own flavor packets.

[@stephenjohnson5562]

Cheers bro! Just subscribed! I have paid off $200,000 worth of debt since 2021. I have made drastic changes. Shitty thing is i have $74,000 left to go. Im gettin this done by next year!

[@shea5542]

Good job!!!!

[@Ufu4847]

That’s the spirit soldier!!

[@stephenjohnson5562]

Update only $39,000 left now. That’s $35,000 down from 2 months ago!

[@crb4059]

@@stephenjohnson5562 amazing

[@rebeccam7239]

Wow! Good for you, excited for your debt free near future. You are going to feel so amazing when you are free of this, and you will be proud of yourself the rest of your life. Instead of the shame and stress of the debt over your head, you will have pride in yourself and know you can conquer anything!

[@rasnodgrass]

This hits hard. We were ok but last year, my husband had a massive stroke. It is terrifying how fast the medical bills pile up - even with insurance. There is always a copayment or coinsurance or something the insurance doesn't cover, etc. We lost his ability to earn an income AND had a massive debt load fall on our heads at the same time. God is seeing us through this but, man, this is hard.

[@pm2886]

I cannot imagine how hard that must be, to have to pay for healthcare. It's barbaric 🥺

[@debbieframpton3857]

Do you work outside of the home

[@rasnodgrass]

@@debbieframpton3857 Yes. My husband and I own an online bookstore. I've been keeping the store going but it's been tough because he did SO much in the business. And now even a year later, I am taking him to doctors' appointments several days a week on top of keeping a house and a business going. We've applied for disability for him, but it is about a 2-year process. All this to say, never get too comfortable thinking that you have money in the bank and you aren't in any debt, etc. We are ALL just one disaster away from financial ruin.

[@holdencawffle626]

God has nothing to do with it tbh

[@niki9638]

You should claim illegal status.

[@user-ms3ko5gn8e]

My sibling had a spouse that would rack up debt to the point that they couldn't afford food. They split ways and now the 60k+ debts have been paid off almost entirely in 3 years. Make sure you marry someone that has the same money mindsets as you. I've been married 20 years. I got married at 19. We have 3 kids and only have a 4k car loan left. No other debt. We strive to live in our means because life is unpredictable.

[@barnabusdoyle4930]

The most important reason to live with someone for a year before marrying them. The most important thing to learn about a future partner is how they handle money. Live with them and you will see that if you pay attention. Separate bank accounts always.

[@user-ms3ko5gn8e]

@barnabusdoyle4930 Yes, wise decisions.

[@ChefArs3nal]

Just paid off my discover card after 2 years. Feeling great

[@PInk77W1]

My high was $27k. Paid it all off. It was very difficult but so worth it. Now I have massive savings and life is good

[@chasemurdock7388]

I'm about to pay off my student loans! I have heard people say keep them because of the low interest but I just want it out of my life!

[@Welllyboots]

Pay them off, and congratulations!

[@milkboccle]

If you have no other more expensive debt then great idea

[@MirandaSinistra]

What she doesn't realize is that even if she did meet that rich man, and he paid her debt, the fact that she didn't earn it would lead her to just rack the same debt up again. My family has racked up quite a bit of debt, my husband wants to burn it but I'm insisting we pay it off because it will be worth it to take control so we don't end up doing this again.

[@JohnDoe-np3zk]

Not to be coy but losing and overspending are pretty similar to an alcohol addiction. Until a decision is finally made to care about yourself nothing changes.

[@V0ltron]

F*ck credit cards. If I can't buy it, I can't afford it.

[@Urby_urby]

These videos always make me feel better given I have no CC debt.

[@thuzeza]

filling one hole with the dirt from digging another hole is crazy

[@reviewsbygen5591]

My family of 6 (husband only financial provider) got out of debt 3 yrs ago and we stayed debt free. I do feel like many consider luxuries “needs” now and have adopted expensive habits. And I get it, it’s hard to go to coach once you experienced first class. But it’s so worth it because I would be mortified owing money to banks and big companies , especially since all are looking for extra money.

[@tross549]

If only this common sense was more common! Well said

[@nickl3872]

Get a job lazy

[@milkboccle]

Payrise inflation is a killer, some people max out their expenditure each time they increase income, so they remain on the edge. Thats crazy

[@heatherlott1342]

Who taught these women that a man needs to pay for your debt. She is clearly over 40 and still believes a man is coming to rescue her. Good grief.

[@decadeyt5891]

Winter is coming

[@alexndelk]

People want to be financially free but also want to impress everyone and have the best things all the time

[@cameronmichael1734]

I avoid credit card debt like the plague. I don't even wait until the statement is posted and instead pay it off once the transaction processes lol.

[@melvano4014]

Our bills are 8 percent of our monthly pensions. Both grew up poor. It can be done. Don’t give up hope.

[@djcesar7934]

that doesn't make sense 🙃

[@melvano4014]

@@djcesar7934 why not? 18k after taxes each month and 1520 a month in bills.

[@chrispjr]

@@djcesar7934 Retired CEOs

[@MJ_Solo]

@@djcesar7934Means they’re wealthy and tons of money, but live way below their means

[@Wumboo2000]

Agree this doesn't make sense, how bigs your pension if that's only 8% bills monthly. Also pensions aren't even a thing anymore so makes it harder to retire and retirement from social security US government said by 2035 that money will be gone and the average pay for social security is around 1600-1900 a month unless you have no debt not many can survive on that little a month

[@Grimmtht]

Man, and I couldn't sleep when I had 2 grand in cc debt and took 2 months to pay it off. Couldn't imagine being in these peoples shoes

[@ewaleokadia76]

I owed a little over $4000 and it also bothered me until I paid it off☺️.

[@TheMoneyMakingMentor]

Me and my son eat out a lot. One way to keep the bill down is no soda, no alcohol, no appetizer($15) and no desert($10).

[@Rafaelmora0822]

How about you try cooking a meal.

[@BREEZYM6015]

​@@Rafaelmora0822Eating out a lot isn't the same as eating out all the time so obviously they cook at home. 😂

[@Rafaelmora0822]

If you learn to cook and get good at it you'll start to realize that cooking for yourself is satisfying and healthier. If your excuse is I don't have time then get up earlier. I've been broke and still ate like a king. You can get a rib eye at Aldi for 15 bucks and potato for a dollar.

[@HammsterMusic]

@@BREEZYM6015low iq argument

[@TheMoneyMakingMentor]

@@Rafaelmora0822 we do. We also grill a lot

[@tross549]

The best credit card is the one you don’t have! …Too many people rationalize the need for their credit card.

[@DuffMan-c5z]

Only if you’re not responsible enough have to have one

[@Kai...999]

​@@DuffMan-c5zFacts. I wasn't responsible and I knew I'd I didn't cut my cards I'd dig my hole deeper. If you don't have discipline, don't get a card. I'm an example of it, and I've seen others suffer through it.

[@mareble412]

I needed on to help with diversify my credit, helping my credit score.

[@tross549]

@@mareble412 why do you need a credit score?

[@pm2886]

​@@DuffMan-c5zIf you're over the age of 10, you should be responsible enough. It's very basic self-discipline, after all.

[@Baptisizm]

Investing has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it.

[@Archaengelh]

How are you doing it and what did you invest in? I can tell you that not everyone is as lucky as you are.

[@Baptisizm]

It’s not luck at all. Jonas Herman, a licensed fiduciary is the brain behind my success. I've gotten into a plethora of assets with $16k spread across stocks (options and futures) for the short term and Roth IRA, index funds, and ETFs, for the long term. Now with over 81k in roi, I sit back and just reinvest at intervals while I handle my other businesses.

[@Rmoralesz]

To me, investing is not worth it and I know that's the same mindset holding me back from taking a step forward in my finances. It’s all gambling.

[@Allambeecairns]

@@Baptisizm Can he help me? I'll be turning 37 soon I just hope it's not too late for me.

[@Baptisizm]

Hermanw jonas that’s his gmail okay

[@josephlabranche4889]

They really need to bring back the show "til debt do us part" easrly 2000s show very good can gind them on youtube

[@NobodySpecial509]

Gail was awesome!

[@ninerknight5351]

I’ve been binging the hell out of that show. Love Gail!

[@landonbrown9943]

Wanting a rich to save you is ridiculous

[@tutnetam]

It’s smart lol but unlikely although there are plenty stupid men who will pay

[@vincentleoni6334]

Money management came to me as common sense, it was never taught to me. Im blown away by the amount of ppl who dont understand financial management.

[@pm2886]

They absolutely understand. They just don't want to delay gratification. It's NEVER lack of knowledge. Even children know how to save money.

[@MyWitsEnd190]

There is an old movie called Confessions of a Shopaholic. It reminds me of these people

[@lvly5357]

15:09 so true!! Right now working to pay off $10k in credit card debt …. Missing a birthday and the holidays this year, but once I do, I can literally be at $1k or below by January!! This taught me that there’s still things I can cut/move & what I consider a luxury. I still have my subscription services… but I decided to stop eating out as much to help balance that out. Sacrificing my (was supposed to be my first) Halloween trip this year… so I can afford a bigger/better one for all of the holidays next year. JUST started contributing to my 401K, HSA & paying off student loan debt… so I’m chipping away at so much right now. The journey is tough, but so short if you’re persistent.

[@BREEZYM6015]

Nice picture.

[@nannibeni3286]

We gave our children 2 “rules” for life… don’t get married until you’re close to 30 and never mess up your credit score. They’re married now and both home owners and both have excellent credit- so far 😊 so good 🤞 Great advice ❤

[@Alex-gt5ho]

Getting a credit card is like signing up to be a slave

[@nolongeranurse3369]

Debt IS selling yourself into slavery...and it's hard as he'll and painful to get out of...live below your wage.

[@HansHorst-fu2il]

learn to bow to the king and you won't have to live off lentils, but learn to live off lentils and you won't have to bow to the king

[@ethanetn]

I have a credit card and pay it off every month, the people who cant do that are mentally challenged and shouldnt be allowed to have one

[@puzzlepeace8859]

I just got a credit card to build my credit. If you're responsible, it's nothing more than a tool.

[@nolongeranurse3369]

@puzzlepeace8859 nothing wrong with having or using credit cards AS LONG AS you pay them in full every month..a good credit score is needed to buy a house

[@thomaschew2191]

I had 28K of credit card debt. Didn't think too much about it until one day then damn broke and forced me into action. Snowballed the 5 cards it took 26 months, then on to our other debt, which we paid off in full totally debt free and living large on one of our paychecks saving the other.

[@adiroseschierbaum6445]

I’m $500 in debt from my credit card, slowly paying it down and plan to use my credit just for emergencies

[@rebvanwinkelstein2578]

Build an emergency fund, so you don t need your creditcards 😊

[@adiroseschierbaum6445]

@@rebvanwinkelstein2578 working on that I have a good 1500

[@kahlilcalvo9610]

Thanks for the motivation...it's surely appreciated... To all the people out there in debt including myself . .LET'S KEEP ON & THINK POSITIVELY.. . WE WILL & WE CAN DO IT!!!

[@BlueScoutArmory]

Wealthy men don’t want mid partners..

[@nordette]

Your every day wealthy man's wife just looks like a regular woman. The majority of regular high earning men aren't with super models.

[@steveharper879]

@@nordette Correct. Not sure why she's referred to as mid? Because she's not a super model or because she's not rich? Or because she's in debt and wants a rich man to save her? My opinion is that 50-99% of all woman are actually wanting the exact same thing, she just recognized it consciously, made it a goal, and admitted it outload. ____ As more and more woman fall into debt, poverty because jobs pay diddly shit and their biological father doesn't have enough spare cash to support them, there are going to be more and more woman like the one in this video actively seeking a rich man to save them. Welcome to late stage capitalism

[@yamamancha]

I used to be that way, even carrying credit card debt despite having the money to pay it all off. Fortunately I ran into Dave Ramsey and his baby steps when I was thinking about buying a new car. Watching enough Ramsey content convinced me to stop carrying credit card debt, which led to spending less, which led to saving more. Also, several years later, and I still drive the same car. Now, I honestly don't worry about debt and don't think about money much. My next step is to become a more informed and active investor.

[@peterdunnington6030]

No credit card debt, no car payment leads to a life thats not paycheck to paycheck!!!

[@Quilt4Joy]

14k in debt is not enough to marry just to have him pay off your debt.

[@Welllyboots]

You know what they say, if you marry for money, you earn every penny!

[@lionessrising]

I pay my card in full monthly and I give myself parameters so I stay within a range.

[@lovetodaylisa3967]

Only $500 left for me before being debt free!

[@HappyBeeTV-BeeHappy]

Everyone has a built-in savior. And that savior is development. Inner development is the only rescuer there is. My credit debt is less than $2,200 and bringing the balances down beautifully.

[@CassieW-97]

Love your message and videos

[@jutau]

Don't just buy cheap food. Don't sacrifice health over short term saving of money, that's just going to cost you your health and more money later.

[@joem.7621]

People are so damn dumb out there it's scary

[@pm2886]

Not dumb ... self indulgent.

[@hke20194Q]

If you don't have cash to buy it ! Don't buy it!!! How do you do it ! Save until you have the cash to pay for it!!

[@BluemanArthur]

My wife and I typically have about a $20,000 per month Amex bill, but it gets paid off monthly. This is insane to hear these people.

[@mystiqueessence5477]

In 7 years of having my credit card today is the first day I was ever late paying the bill. Thinking about it has literally been haunting me into my dreams 😭

[@AnnaNoneYaBizNous]

Subscribed to your channel to remind myself not to rack up credit cards debt again and inspire me to be better with my money.

[@sthr2110]

Credit card debt. I have none. My credit cards pay me. No mortgage. No car payment. No student loan(s). No personal loan(s). No interest paid to others, only interest paid to me...as it should be ;) ! It wasn't always this way, though...once I extricated my head from my a$$, everything improved dramatically.

[@Joe-ti7qd]

Same here. I also downsized. I live alone and 6 bedrooms was just dumb. I like my little 720sq ft house now. It's perfect.

[@andrewsnyder9262]

We don’t hold corporations liable for their bad debt. They survive or go bankrupt. Why do we have to hold such a moral high ground on the personal level when the big money doesn’t do the same? Doesn’t really make sense to me. File bankruptcy if needed.

[@sabeenie21]

Women want a man to save them the same way men want their women to be their sole therapist/mother/lover. Hell, we’ve all been lied to.

[@patricew.4010]

12:43 I feel like this when i make a big purchase and such. Its never on my mind to somehow get another to take it on for me. I did it and I need to pay it back and that just means less out of my next paycheck.

[@flygirl2447]

When you put yourself on a cash budget you’ll feel like you got a raise because now you see/ feel where every dollar is going! You can do it!!

[@wills8705]

I like the way you make your cam extremely small or completely remove it from the scene. You know, making the objects of the topic more predominant. It goes a long way in showing you're not a narcissist.

[@katiemcfarland6135]

Had a big spend summer this year. Had lots of fun and paid the bill in full every month. But my husband and I looked at each other the other day and decided we should recalibrate and do a penny punch fall. Excited to see the boost in the bank account over the next few months.

[@niki9638]

We got into major cc debt-over the last 14 years- why doesn’t matter. We now have a plan and have stuck to it all year. And are going to be out of all debt in 5 years.

[@TheLoneJourney88]

I have $0 credit card debt and $0 in car payments! Wasn't easy to get to this point! But I'm never going back!

[@Thebulbacardi]

The first lady just shed some light on the Delusion of some people😒🤣🤣

[@lesliewoolnough7871]

Debt is sad - I think plastic debt was one of the MAJOR ISSUES when making the switch from cash to plastic

[@bigcahuna42366]

12:06 This lady is right. Filing for bankruptcy is like choosing liposuction to lose weight instead of changing your diet and exercise routines.

[@reginadejesus6613]

Good job on this content!!!

[@michaela227]

2000 for rent - get something cheaper - that's so far off possible nowadays for so many people.

[@BREEZYM6015]

I don't agree that filing for bankruptcy won't lead to changes in your spending habits. My wife and I filed for bankruptcy in 2008 after we lost our home due to health and financial issues that arose. Since then our finances have improved dramatically and we stopped overspending. Filing for bankruptcy can be beneficial.

[@jacquelinelofland]

I agree! I filed in 2012 and haven’t had a penny of debt since. And I live on half a shoe string 😂. It’s about being tired of “buying” into the bs that’s brainwashed us from birth. Once you get there, living a simple life is bliss 😊

[@rnupnorthbrrrsm6123]

I have a friend whose mother is 94 yrs old, she has filed bankruptcy 3 times in her life and has nothing!

[@debbieframpton3857]

I'm 70 I guess I have to believe if you create the debt it's yours to pay

[@robertlopez8279]

I only just git in debt last year do to my divorce. Paying it off quickly so i can get back to NEVER using credit cards. Oh and of course NEVER be foolish enough to marry again.

[@LarsonFamilyFarm-LLC]

Good accurate commentary. enjoyed it.

[@ronaldtrunk7944]

Girls, if you havent found a rich man before 30yo, you better have a fall back plan fast

[@anotherdedchannel]

8:56 unfortunately this woman chose to stay home for a year with her kid when she couldn't afford it. I couldn't imagine staying home with the kid while using credit cards to survive. It seems obvious she should've got a 2nd or 3rd shift job so when her husband got home she could go to work. If you'll notice the 30k in debt wouldnt exist if she worked 3/4s of that year at a 40k salary. She could've stayed home with the kid for 3 months, went back to work and be debt free right now. My point is, people make choices and pay for them. Don't go into debt to survive when you could just go to work.

[@marymassey7116]

And what does she do with her child?? Stick em in daycare? Right. That’s the best solution?

[@ladyzeta6]

That’s what we did. We worked opposing schedules and our kids were not in daycare. My parents did that raising us as well. Or, maybe plan kids when they can be afforded. Seems like people don’t do that anymore.

[@micaeme]

When I was around 19 or 20 I got my first credit card. A few months later I used it to buy a laptop because I didn't have one at the time and needed it for college. The idea was to pay for it in 6 installments (that were fairly high for my income at the time), and I guess my head was all over the place with exams so I missed one of them. Two months later I had to go to the bank to find a solution because I was paying way more interest than the amount I owed. The lady at the bank explained everything to me and I think that was my first "financial class" ever. I ended up getting a 24 month loan to pay the credit card in full because even with the loan's interest, I would pay less than trying to pay the credit card debt on my own (my salary was too low back then). It took me TWO YEARS to pay that loan. Two years to think about it every single month. Lesson learned, never missed a payment or paid the minimum ever again 😂

[@wan3416]

The predation of the industry and the ease of which the average person is able to slip into carrying over a balance is exactly why we don’t do credit cards. Cash or it didn’t happen.

[@JB-kx9bx]

I only ever use door dash when I am expensing a meal at work.

[@stbaz]

Credit cards for daily living expenses are fine as long as you pay the credit card bill In full each month so you don’t incur any interest expense. The first rule of business or home finance is never turn routine operating or living expenses into intermediate or long term debt. Those expenses need to be paid from current income. If you do otherwise you’re on the road to bankruptcy. It’s like a reverse CD where you’re paying your credit card company 22%+ annual interest on the outstanding balance. The items you bought using the credit card almost certainly didn’t produce income, more like meals and vacations that are distant memories but the debt remains.

[@markhoffman1310]

The interest rates are so high because its unsecured, that means you don't have to pay them. That's part of the deal the credit card companies agreed too. Yes, your credit will be in the dumpster and it's better to call them and say paying them back is not an option. you can probably settle for 20% of what you owe.

[@annoravetz5188]

My ex-husband filed for bankruptcy because he had too many illegitimate kids, and he couldn’t pay all of the child support. By divorcing me, and taking my assets, then filing for bankruptcy, he damaged not only me, but the lives of our legitimate kids by creating financial strain on us. He was a total dick toward us, his legitimate family, and his bankruptcy protection hurt us even further, because we had no claim against him.

[@annoravetz5188]

BTW, he had $45,000 in credit card debt at the time if the divorce. He did not buy $45,000 of anything for us, his legitimate family. We got the crap end of the stick, and you can get that for free.

[@williambeller7574]

You can’t file bankruptcy against child support. He still owes child support. I hope you know this.

[@stephaniewalsh67]

The only debt I have is my mortgage, which is mi imal. I will have it paid off in one year and will be debt free!!!!! So excited!

[@SpaceCaptainLord]

My wife and I are on an aggressive plan to be debt free by the end of 2025! Our goal is to be able to buy a home in the next 4-5 years so we want to get debt free and have as much money as possible saved so we can jump on a house as soon as the perfect one comes up.

[@ThirdEyeDivers]

Im halfway to millionaire status with no debt and I do not have credit or have I ever used a credit card.....let that sink in

[@BREEZYM6015]

What is your credit score?

[@ThirdEyeDivers]

@@BREEZYM6015 lol....i dont know....i dont use or need credit

[@lianalonge1984]

I use credit cards in place of cash and have no credit card debt. I have $118K+ in total available credit as well as 8 months worth of emergency savings.

[@natachachristelle9674]

Hello there!!! What’s a good way to multiply a little savings that you have? Should we open a Roth-IRA? Need help to make good use of that money. Thanks 🤗

[@tomhorst7614]

When you're in the Hole...stop digging. Happiness is positive cash flow!

[@marcielynn4886]

Credit score 820 debt zero.life off the grid.

[@rae.wrx19]

Discovered your channel today, and all I can say is you deserve more followers. Excellent content, well spoken👍🏻

[@nildabridgeman8104]

You preaching real good Hermano.. it can B DONE 💪👍

[@prettysteeve47]

Professor JJ Buckner : Thanks for todays financial lesson sir. I needed to hear this after recently maxing out 4 high interest credit card debts while trying to live like a baller in this awful economy. Hopefully I will continue to pay off my six figure debt along with my massive student loans.

[@djcesar7934]

wow just wow

[@sw6118]

I never understood how anyone could ever expect that their negative net worth would be even remotely interesting…

[@Priust189]

Why not just not pay the debt if it takes longer to repay than for the statute of limitations to expire ?

[@class1188]

We can all dream. "But you can't depend on ANYONE except YOURSELF." Even if your married to a rich OR any man SOME have been found to want the women's money even if the man is WEALTHY this is true GREED HAS NO FINISH LINES IT CONTINUES LIKE AN UN-CUREABLE ADDICTION SO IS GREED.

[@BarryThacker-t5l]

Buy PM and plant a garden. Forecast calls for pain.

[@fudogwhisperer3590]

150K in credit card debt with 25% interest? That's more than I paid for my house!! That is insane! I live on 50% of my income. I've ALWAYS had an emergency account. I just don't get how people can get themselves into credit card debt. Its just so far removed from my reality.

[@RyChOr2005]

It was probably removed from their reality too until they unexpectedly lost a parent in addition to dealing with a lawsuit.

[@BREEZYM6015]

How much is in your emergency account? Ballpark figure?

[@Hellrell93]

@@BREEZYM6015he’s lying

[@archeanchaos-s4c]

I wish I had paid off credit cards when I was young. I carried about 10-15k for almost 15 years, I was lucky I was in the military so most of it was only 4% interest. I didn't get serious to pay off till I was a few years from retirement and paid everything off before I retired.

[@freeman7296]

listening to his examples of decisions they make and what they DON'T do - as someone who lived that exact lifestyle when we had our kids 26 years ago - I can say that those decisions pay off big later in life...now, when things are tighter for EVERYONE - we're not so bad...and we could easily live on minimum wage work if we had to do it.... trust this advice - living a rational lifestyle will make you happier long term...the lack of financial stress is worth all the choices we made years ago....be sure to save though...that's important. my mom, when we were young parents, would try to get us to buy a bigger house...we resisted and are now in a position to do whatever we want whenever we want - which we don't do because I hate spending unnecessarily.....our house may only be 1250 sq feet - but it's a single house and perfect size for 2 people (or even 3 to 4) if your kids stay home for a bit.

[@KristaJacobsen]

It happens. My uncle just passed and left his new fiancé that he has dated for only a few months over $1M 🤷‍♀️

[@C-Hood]

11:20 explain what you mean by “may potentially be coming soon” lol

[@kitatit]

CC aren’t for buying things you don’t have the money for now. They are a way of paying for things that you already have the cash to pay with. Set up auto payments with your bank so you never pay interest. Don’t spend more on credit than you have cash in the bank.

[@nectarinehair0115]

That lady said they used cc for everything since rent couldn't be paid with cc. Can you imagine if they could put rent on credit cards? It would all be over.

[@MissSenex]

You actually can. It just depends on your leasing office. Mine does.

[@30jenniferg]

How do you have that big of a credit card limit? Never get anything more than a couple of hundred dollars.

[@stormchaser419]

Average is 8k to 14k supposedly. I learned my lesson years ago. None accumulated anymore. Its paying off the several thousand and never doing it again.

[@Gogogigalo]

There is no shame in telling people you can't afford something and you are trying to cut back!

[@level1life79]

14k ain't even that much to owe, I paid about that much off this year in less than 6 months.