MY MONEY MY WAY MINI-LESSON DAY 5: ATTACK YOUR DEBT

[@hanab837]

Miko, we paid off our last debt today!! We are debt free! Hallelujah! It took us over two years, but we did it. Your Budget by Paycheck method was life changing, and your videos were so encouraging. I can't believe we did it, but I am so happy that we can now tackle our savings goals and no longer have the weight of debt on our backs.

[@thebudgetmom]

What????!!!!! I hope you are doing your happy dance! So dang excited for you💪💪💪💪

[@sarahxxbeara.on.ttv_kick]

We aren’t seeing any light at the end of the tunnel right now, but we have paid off 5 debts since I have found your channel! Life changing and inspirational!

[@diaryofthetatteredslob]

Please reread your comment two or three times.....you PAID OFF 5 debts! That is awesome and you are seeing the light. Its so important to give yourself grace and celebrate the small stuff. Paying off those 5 debts is huge!

[@Kelly-oe8kr]

Every dollar you pay is a step toward being debt free. Don't give up!!

[@MicahRion]

Medical debt especially breaks my heart. The American medical system is so broken, everyone should have access to health care.

[@mel_issa_816]

When you said, “taking on debt to make myself feel better as a mom,” I felt that because that is what I have been doing as a single mother of two girls…can’t wait to start on this journey with your methods and stay focused on my debt free goal. Thank you!

[@thathopefulheart]

I've been OBSESSED with your content. In a similar situation where I'm paying my debt off for a second time. Definitely the last! Tired of the paycheck to paycheck struggle.

[@beautysimmer2667]

Miko, I have followed you for awhile as a stay at home mom with no income of my own. Now that I work from home, I started my own budget this year. I went to the website provided to check my credit that I started building this past year with student aid. Thinking I was only $3,000 in debt, just to find out $10,000 in debt. I set up my monthly payment for my biggest debt. Starting the 23rd of this month. I am excited to start this debt free journey!!! I’m set for 2023, thank you so much for these videos!

[@deniselittle5558]

Miko that was a powerful lesson. I really would love if you would do an in depth video (or maybe a 2nd book) all about your financial journey in more detail. I think about you paying off all that debt AND saving enough money to buy your dream house in cash and I can't see how it would have been possible. I mean maths is maths - you can only be so creative! I think it would help me and help a lot of people if you could really show us how you accomplished so much.

[@TheAmyb99]

Thank you so much for being so honest and sharing your personal debt story with us! I’m just beginning my debt payoff journey and it’s a very difficult thing to do, but seeing how strong and how accomplished you are and hearing your story makes it feel like it’s actually possible for me to tackle this debt and get my life and my children’s lives to a better place for the future. You’re a true inspiration! Thank you for these lessons you share! ❤️

[@sweater0115]

I like the idea of a combo approach personally. I understand that people want to save on unnecessary money leaving their hands but for me I need some sort of progress. If I can knock out a debt source in a few months, that is motivation to me to keep going because I've seen progress and I want to see more then jump to the high interest items with that much extra money each month. But that is how my mind works! I need some gratification or else I give up.

[@beyoutifullynatural9451]

The more I watch this video, the more it means to me. Thank you Miko❤️

[@gabs0405]

Hi Miko. I purchased your book and it made honeslty me cry , laugh, and I felt as though you were speaking to me. Thank you so much❣And now these mini lesson only courages us more to pay all our debt, save and invest.

[@dmoro67]

Have to say, Miko, I have watched a ton of your videos and this one is my favorite. Found myself nodding throughout. Holding it down over here as one of I am sure many guys who love TBM!

[@kori8455]

I’m loving these mini lessons! I love the heart that you’re putting into it…not surprising, but you seem to be further engaged with your audience. Not to mention the advice you’re giving is spot on. I love the direction that you’re going in with the channel and your new book!

[@TanyaScorpio]

Preach....this is your Ted Talk...

[@katja6228]

I also prefer the avalanche method and it made me mad to see the interest. If you are - for example - 70k in debt for 1.5 percent interest rate per year only, hell! But I agree, if you struggle woth money, to find momentum and to experience quick progress, the snowball method is a great method to start with. Nice work, Miko! 😍

[@barbaracarbone4658]

Very good video. Taking the bull by the horns. It's a great feeling after feeling defeated by our debt. No more. Thanks for your words. 😉

[@xolovealex1278]

Miko your book was game changer for this I have been slowly paying off 6,000 dollars of debt for the last three years but I have realized that if you can pay off more than that in seven months it’s possible for me so I made a new goal and set for myself how long I want to be out of debt by and since setting that deadline I have been plugging away

[@FundingMyFuturee]

I can't wait to get my hands on your book. Been in a bit of a funk in the financial aspect of my life.. feel like your book would give me the kick in the butt I need.

[@outpostearth]

I've been following Miko for years. She is my go-to budget guru!

[@KirstenEscobedo]

Thank you for addressing the emotional component to debt, and thank you for all of the free resources on your website. Appreciate the message and content of your channel.

[@alshavanattia8773]

Thank you just in general for making me feel normal and reminding me that I'm a young adult quit comparing myself to older adults that don't have det or ....

[@RadicallyRose]

You are a God-sent, Miko!! I plan on buying the book soon. Thank you even for the free online resources on your website and on KZbin and just transforming lives.

[@heatherbolichowski1910]

In Canada for the last 10-15y our credit card statements must by law clearly state how long it will take you to pay off your debt if you pay the minimum payment every month. Of course that’s if you don’t accumulate more! It’s quite a slap to see that you’ll be paying off those Whatevers for 23 years!! 😳🇨🇦

[@imanjones3807]

...That's a beautiful cover! Congratulations! 🎊 👏 💐 🥳

[@Brittanylee5104]

Same with me... I just got divorced a couple months ago. Walked out of my own house after abuse and he cheated. I was a child of divorced parents and it was horrible... never wanted that for my son. :/. Plus all the emotional shock damage it does to you and makes you feel like you're not a good mom or yourself. I feel like I couldn't live in the moment w him for a while my head was not okay. Now that's my goal is moments w him and saving. And not putting him in the middle of my emotional pain.

[@livelongbudget7560]

Loving your Mini Lessons - so helpful and practical. Received my BBP workbook and I absolutely love it. Thank you xx

[@thebudgetmom]

Oh yay! I'm so glad you are enjoying the mini-lessons!

[@TanyaScorpio]

26:01 thank you for explaining..I printed this out and had no idea what to do.

[@Dreamingbigbudgets]

Officially debt free on 26th of Feb 74k gone happy days. Good luck everyone on this journey.

[@katedender]

I would love a copy of your book. Sadly my budget doesn't have space for it. Thank you for the free videos ❤

[@Ratquel]

Libraries have it

[@nancyblessing8411]

Thank you. I learnt from your channel how to have sinking funds, I have no credit card debt and started using cash for groceries and house repairs. I am not done yet. Working on bettering myself and paying off on the mortgage. Thank you again. Could not have done it without your motivation.

[@sandraholmes4262]

Thank you Miko for your honesty it open my eyes to why Im in debt cause of depression and trying to buy companionship of my children

[@paulahunt414]

I think it is important to let people know that you started snowball for your small debt and then switch to avalance.

[@diaryofthetatteredslob]

The Debt Pay Off Calculator is a game changer.....I can't explain how much it motivated me! I started BBP Workbook in January - this information is such a bonus! Thank you thank you so so much! I love your channel 🙂

[@elainecarrillo5434]

I have one more debt left thanks to your budget by paycheck method. Thank you for all you do!

[@kumitaylor917]

These videos are gold!!

[@zillashimmy]

I started with the Snowball method. Then my 0% interest was going to end on one particular debt......I couldn't bear the thought of 29.99%, so I switched to pay off that line of credit first instead. The Ramsey group completely freaked out, I did it anyway ;)

[@zillashimmy]

@Dorothy S. Chung thanks, but I'm debt free now with an excellent score. :)

[@zillashimmy]

@Dorothy S. Chung 2.5 yrs and here I am :)

[@sofondadavis5028]

Always do what works best for you.

[@jamesweig]

Can I still get the worksheets if I get the audiobook instead of the physical book?

[@elizabethgracefashion]

Could it be useful to tackle the debt with the highest minimum payment first so then you can throw more rollover money to the next debt?

[@DoubleJackpot]

I use the Dave Ramsey methods , Been debt free for 20 years, what a blessing.

[@Birdmom1823]

Needed this thank you great videos 💜💙💜💙💜

[@brendawilliams1975]

This is my fight too T 71 years old

[@lizjordan4812]

How can I budget went I don't get paid on the same date each month xx

[@lizjordan4812]

It is every 4 weeks I get my money but never on the same date every month how will I budget my money x

[@jenlibertowski3984]

Love this!

[@charlottepurslow1739]

Do you have to have the book off your website to gain access to your worksheets?

[@lovekarro]

I mixed both methods. Am I the only one? I started with my smallest debt even if it had 0% interest because it had a balance of only $500ish. I resumed the Avalanche method after. It really helps mentally to have one less payment but I would not have done it if it was larger.

[@thebudgetmom]

No, you are not alone. I used the snowball first and then switched to the avalanche

[@galenazilberman]

Great video! Thank you! I've bought your book via Audible. I've enrolled to get the printables using audible order number, but I didn't get the printables. Are Audible purchases applicable to get the printables?

[@lanceandangelamendoza3744]

Hey Miko!!! Blowing through your book, but I am wondering if you have the debt calculator available in the bundle? I purchased the book at the beginning of February and received everything, but the calculator.

[@lanihinkes3512]

I never received the Debt Payoff Calculator with the forms. Only PDF forms were available to download.

[@thebudgetmom]

It's included in the 10-Day Attack Your Debt Email Challenge. If you did not receive those emails, please email [e-mail]

[@ali_kirk2255]

How do I get the incentive bundle if I bought the book in person at Target?

[@susanwhitbeck4210]

Mike are we allowed to save money I. Sinking funds if debt remains? I need to save for car repairs, home appliances and so on? I have a HELOC loan that will take years to pay off.

[@jennifercousins2254]

If I borrow the book from the library, can I get the incentive bundle?

[@kaylahood1000]

I don’t know how I’m going to pay off debt and I’m only getting paid once a month. I work in the school system I’m a teacher assistant. I want to become a nurse I work part time as a home health aide on the weekends. I’m not earning much with that either. And I feel like I’m never going to get out of debt. Especially credit card debt.

[@traceydufault297]

Another ? I mentioned my cards I shredded I owe nothing but pay 6.00 month for annually fee should I cancel that card 🤔 thought your credit score will drop is that true thanks 😊

[@traceydufault297]

Miko took 2 loans out to pay off debt and refinanced my suv payment you think that was wise I'll be debt free on all in 2025 credit cards are gone I shredded them

[@mamabee2151]

If I bought this book on audible already can I still get the extras that go with it ? Thanks I loved the book

[@thebudgetmom]

Yes, absolutely!

[@karenshanks510]

What if I have made it to 52 and I still don’t know who I am with finances?

[@BookSuburbia]

I feel like im sinking again. I already have a banktrupcy and still have debt. 😞. I dont see any light or solutions...

[@MonicaRamirez-ed6ee]

Hi Mico 👋 I had a ? If I have nothing but medical bills from 2 to 5 years ago do I still try to pay them off .

[@hanab837]

I would say absolutely yes! You want to get rid of all debts, new or old, as quickly as you can.

[@MonicaRamirez-ed6ee]

@@hanab837 Thank you 😊

[@thebudgetmom]

Yes😍

[@gingerstrahan7464]

Having trouble accessing your products, especially your new Book.

[@thebudgetmom]

Oh no! What issues are you having? Email [e-mail] so we can help! I am so sorry you are experiencing issues!

[@gingerstrahan7464]

@@thebudgetmom Was trying to buy your book, the Bbp hardcover (already bought digital), and the worksheets you are talking about in your Day 5 Mini Course. I have the card copy in my Shopping Cart, but can’t locate the new book, and can’t seem to find any links to the worksheets. All I find are envelopes and the cash slips. What am I doing wrong? I have an iPad and use Safari. Thanks for your quick reply and for any help you can give.

[@shirleygagne1674]

I’m just seeing this. Didyou graduate from Dave Ramsey’s program. Sorry if you’ve addressed this.

[@sistersdebtfreejourney3041]

Do we have to pay for these bundles? I have the book!

[@thebudgetmom]

Nope, they are free when you order the book😍

[@tessasbudgets2024]

hey im tessa im 16, and yes i do have debt i did something stupid and now i have debt. i will be getting a job soon you are my inspiration for starting the cash envelopes and yes my expirence with debt is with paypal i spent over $200 and now i regret it because i have to pay for it. but i will be getting a job in april well on april 30th. but i plan on getting the budget by paycheck workbook i wanted to get it this year because i was supposed to get a job last month but then i got debt from paypal so my mom said no because i have to have more responsibility with my money and learn how to actually do finances instead of watching tiktok. so can you pleaseee help me

[@rachelgilbert3164]

Good start with being honest with how much you owe, and having a plan to start paying it off. I made my own debt payment trackers with a piece of grid paper I had leftover from school, and colored in my payments as I made them to keep myself motivated. You will feel so proud of yourself when you see progress, and you can prove to yourself and your mom that you may have made a bad decision once, but overall you are making a commitment to making it right again. You got this!

[@rachelgilbert3164]

Also if you’re under 18, don’t put your age on the internet! 😥

[@tessasbudgets2024]

@@rachelgilbert3164 oops sorry thanks for letting me know

[@tessasbudgets2024]

@@rachelgilbert3164 thank you and i probably ought to do what you did it seems very helpful and i want to try it out i have been trying to figure out a budget and financial journey but i have no idea where to begin ive searched up so many they just dont work so hopefully ill find the right one. and im definantly going to check your channel out❤

[@genolouis236]

She’s not intelligent, but fucking gorgeous!!!

[@teresacardona004]

I have read the whole book! However now I must go back and implement all the new Gems. Mind blowing. Bumped into iG page late 2019. Even though I’m not finished paying my debts, I have to say 1 down 3 more to go. Your method has made paying debt less stressful. Have so much to say. But just wanted to say thank you. Continuing this journey makes me feel… I’m not alone… ♥️

[@thebudgetmom]

😍😍😍

[@bunnylopez1808]

This mini lesion knocked me back into reality wow. Like Major a-ha moment.. Grateful 🥹 thank you !