How to Get out of Debt! (How We Got Out of $30,000 in Debt!)

[@MarriageMotherhood]

Great advice! I shared my story on my channel on how my hubby and I paid our way out of $60k worth of debt and fully funded our emergency fund in 3 years.

[@TheMeleaShow]

That's awesome!

[@Jo71603]

Hi Young lady!

[@melh.5752]

Marriage & Motherhood Did you do that Dave Ramsey program?

[@jaelmunoz9603]

Please do a video on credit score! Even though I'm only 16 I found this video so helpful. These are the things that are extremely important but usually overlooked in school. Thanks!

[@amersmiller]

jael munoz Good for you! Learn all you can about credit cards and companies before you get out in the world. I was 18 in college when I got my first credit card and honestly didn't have a clue. It's been a lot of years and mistakes of learning. I wish I had been clued in before I made it on my own.

[@Jo71603]

Hi Jael!

[@melh.5752]

jael munoz Wow, can I just tell you how impressive it is that you’re even thinking of this stuff and actively seeking out info?! Good job!

[@personalmind68]

I feel so awesome right now guys, cos I'm debt free!!! All thanks to Abdul who clear my debt through his hacking service whiteh4ck4rukus@ gmailcom. I love you so much. Please give him a shot guys.

[@deficator750]

Buddy you should not be taking advice from her go check out dave ramsey he has the success to back up his advice. This lady is just talking too much out her ass. Another self proclaimed financial advisor

[@seanellehiggins7535]

I'm not old enough to need this, but I will definitely take this with me into the future. this is the advice that we don't get in school! I want to be financially stable in the future and I feel like education from people who have already gone through this is the best way.

[@TheMeleaShow]

They definitely don't talk about it in school-- but should!

[@kathleenblakey9621]

I began being debt free over 10 years ago. I followed the same type of format. The freedom is incredible, we were so surprised how much money we were actually making! Living debt free feels so good!!!! I teach my kids to do this to and so proud of them. $

[@Merelynne]

Such good advice! My husband and I paid off over $40K in debt in under three years. It was hard work, but SOOO worth it!

[@queeninkim9733]

Why didn't you give Dave Ramsey his credit for the Debt relief "Snowball"?

[@ONLY1KUDWE]

Someone beat me to it.

[@gemini2633]

I'm getting out of $30,000 debt in only 4 months. Hard work and sacrificing. By myself.

[@heatherleveque3799]

My husband and I did the Dave Ramsey program 8yrs ago and got out of debt in 6months. It's so freeing and has allowed me to stay at home with our kids.

[@TheMeleaShow]

That's so awesome!!

[@narelleworks8448]

Meant to say congratulations on being debt free. Easy to get into hard to get out of but so worth it.

[@lauracharchenko6748]

I LOVE this! Getting out of debt was one of the best things we have ever done!

[@ALittleBitBiscardi]

LOVED this video and yes, i would love a credit score video!

[@rosepetersen7933]

yes how to rebuild credit

[@theloanrobot2082]

Congrats and great advice about getting family on board! That's the biggest key. And don't forget that you actually saved much more than $30,000 (just the principal) when you realize how much interest you slashed by paying off your debt faster.

[@brittahughes8186]

Please do the credit score video! You are great at explaining things!! Thanks for your videos!

[@Jo71603]

Hi Britta!

[@laciejackson9265]

Our family goal this year is all about budgeting! we also refinanced a few months ago to get rid of mortgage insurance. We are saving about 300 dollars a month by doing that. I love the snowball idea, can't wait to watch your other budgeting videos! Thanks so much!

[@TheMeleaShow]

Awesome! MI is awful. So glad you got rid of it!

[@erinjoiner5419]

I have been watching and researching a lot of different methods for debt payoff and you make it seem so simple I love this. A lot of other things I have read makes it seem very complicated...thank you for this!!

[@janeowen266]

After going through a long ugly divorce battle and my credit has been drastically affected by it I’m all in for a show on how to higher my credit score.

[@ariannadiaz2155]

I am in college right now and debt terrifies me. My first year I had to live on campus, so I have quite a bit of debt from that. I am now a sophomore in college and work part time to pay for my apartment. This last year I’ve been working on keeping myself from getting in several thousands more of debt and paying off or saving whenever I can. I am a big time saver, so I try to be cautious about every little thing I do lol

[@butterflyinflight85]

Paying off smallest to largest also helps you psychologically! You see progress faster and you feel like it's working so your more likely to stick to the plan.

[@EmilyGioiaZumbach]

I think this list and the snowball effect is an awesome idea! So many people don't realize how easy it can be to pull yourself out of debt

[@TheLensTelevision]

Definitely want a video about credit score! Thank you so much for your videos!

[@jennso122]

Thank you for this . I am making myself sick over my debt it consumes me. You have given me hope

[@cristina3578]

Wow I'm so glad I came across your video. I know I'm young but I'm so in debt and I've been trying to figure out a plan. Thank you so much for sharing this. My first step was cutting the cable and the Internet and turning off the lights. It really helps.

[@kovgirl1031]

What a fantastic video! Love your personality and your tips were ALL great no crap for fillers. Love it

[@warlockrandy]

Thank you for the information, I'm bow a new subscriber. You don't know how glad I found this channel now that I'm trying to get up to date with my bills.

[@danadickson6817]

Okay...I followed your old blog and I've been following your channel. I just wanted to say, thank you for your videos like this! You're doing an awesome job!!

[@6lu5ky86]

The day that I paid off my car was thrilling. My grandmother taught me a great deal about money management and paying down debt. Thanks for the info you're presented, it'll come in handy.

[@wendyflores9715]

I would love to hear about raising your credit score after paying off debt Thank you Melea for such detailed and wonderful information

[@kahtia.]

Best thing I saw so far. Just graduated college last year and I started paying on my loans this year. Plus my husband just got a new car that was well needed, so this is really gonna help with out budgeting. Please do a credit score video.

[@TheMeleaShow]

YAY, so glad it helped!

[@jennycowlishaw5970]

Hi there Melea!! You are so fun to watch and I really like your tips etc. I too am a researcher when it comes to getting deals and saving money. I am so glad that I found you because you have already shown me more tips then I even knew existed! I really appreciate these videos. It all started because I am trying to plan a birthday trip to Disneyland. Please keep making videos and I will keep on watching!! GOD Bless you and your sweet little family!-Jenny

[@vanessaashleyokeke]

Great video!! Super informative and straight forward. Thank you!

[@andaspso4659]

this has been very helpful. please continue giving more information

[@kazuac]

finished your vid...but I read some of your comments because I was thinking this girl must have done fpu by Dave Ramsey. congrats on being debt free and being intentional with your money! just want to encourage you to keep posting vids about handling your finance. I'm a fan of Davey Ramsey and follow his plan...but I do know that gods plan for people are different...I'm bothered by your hate comments. so judge mental...I didn't hear you say these are tips created by me but tips helpful to be debt free. It's hard to be a youtuber so I praise you for posting vids and sharing your thoughts and experience. you go girl!

[@VanessaBlanco]

AMAZING TIPS!!

[@stylebox1117]

This will be a great help in keeping future depts under control.

[@viktoriavak4117]

credit score information needed very much!! thank you so much for your help and tips. you Got the info that they want to keep from us...

[@jmoulton0117]

I would love to travel more with my family. Videos on how you make it affordable for your family would be awesome!

[@Jo71603]

Hi Jennifer!

[@craezh1203]

Yes please do the credit score video!

[@denisekuenzel199]

The great American "myth" is not understanding how your credit score affects EVERYTHING--employment, how much you pay for car insurance. Don't be naive. Dave Ramsey can afford to have a zero credit score, he's a billionaire. Until you reach billionaire status, you need to have a good credit score. www.creditpatriots.com

[@needtoknow1989]

Denise Kuenzel not a billionaire but I have obtained cars at 0%interest with a 0 credit score. Your credit score only tells how good you are at getting debt not how good you are with your finances. When I know my car is showing signs of needing to be replaced I start looking at car prices and make payments into a savings account for at least a year. Then when I go in to the dealer. I never let them run my credit. They see my bank statements and my savings deposits both of which show I can comfortably make the payments without living paycheck to paycheck. Now I know that the most common scenario is someone is so good at racking debt and making minimum payments and so creditors will gladly lend them knowing that A they'll make money off of them in interest and/or B if they default well at least it's a secured debt and they can repossess. I've also done something similar when I got my home but for that I did put 50% down and showed my rental paying history, a recommendation letter from my landlord as well as one from my employer. Allowing someone to run your credit score is like saying please tell me how much you want me to give you. Instead of this is what I can guarantee you'll get.

[@francesocasio2871]

Mendez S That a great method. I would keep that in mind.

[@mrmccoy7]

bit.ly/2CCquPy All The Tools That You Need To Remove Negative Items From Your Credit Report In 5 Simple Steps! Using A Secret Commercial Code Rule 609-15 They Don't Want You To Know About.

[@personalmind68]

I feel so awesome right now guys, cos I'm debt free!!! All thanks to Abdul who clear my debt through his hacking service whiteh4ck4rukus@ gmailcom. I love you so much. Please give him a shot guys.

[@SladkiiPupsik]

Absolutely love your channel, love your saving ideas ,and budgeting using multiple accounts, so much easier. Would love to hear more about APR in your next video

[@kclark1242]

This is great. As a graduate student, I only make $17,000 a year so I am not paying on my undergraduate student loans while they're in deferment, but I plan to pay more than the minimum once I'm out of school. As of now, I'm paying off my credit card and the payments for my car and mortgage. Thanks for sharing!

[@TheMeleaShow]

Yes, perfect!! So awesome!

[@SuperJesMal]

Yes do the credit score video! My husband and I are trying to get out of debt and this video was very helpful!

[@vintagesonia]

Leaving your cards open after you've paid them helps you credit score for the longevity factor. However you have to make sure that your risk isn't too high and you should keep it below 0.40

[@smallpebbleuncovered]

Appreciate you breaking it down so it's easy to understand.

[@Lopezz47]

Yes do more financial videos, credit info, mortgage basics and all that please! Financially learned how to get out of debt faster and this year I'll be debt free, i love learning about this.

[@lindagbukvic9441]

You don't need a credit score, when you're out of debt and pay cash for everything. Cash for your car. Put a huge cash down payment on your house, and only get a loan for a much smaller amount. "The borrower is slave to the leander".

[@emilyprice1]

I love watching Dave Ramsey Success Stories!

[@TheMeleaShow]

Funny enough, we've never actually watched or read anything of Dave Ramsey. There were some helpful pamphlets put together from our church and then we put together a plan. If this is like Dave Ramsey's stuff, then that's cool!

[@heavymechanic2]

I had to buy a small home just because I was in the Rent Trap floating on a sinking raft. (1). I cut the cable (Dish 72/month) and put up an antenna. (2). Mortgage is 150-200 less than rent I was paying. (3). Working on lower grocery expense by cooking meals, not getting frozen entrees. (4). Paying down CC debt by pushing all extra money onto highest balance and small payments on lower balance cards. (5). Trying to clean up credit report and negative accounts are unwilling to verify or delete derogatory information to keep me a slave to the banks.

[@ngw543]

YAY for you!!! Thanks for sharing these tips! We pay everything off every month, but have been in those shoes before and this is exactly how we did it! I would LOVE a credit score video!

[@Apauline]

Watching this lets me know im not crazy.

[@siriusjones956]

I got out of 10k by using credit I already had. It does not pile more debt on and doesn't require a new loan. I follow a guy who have tips on how to do it.

[@kimmyymmik]

Can you do the video about why closing the accounts of paid debt is a bad idea?

[@sukiilii]

i want to know too

[@MicheleNichols2]

It's not bad. All it does it affect your FICO score which you only need if you want to borrow money. IF you get out of debt, why would you ever wanna be in debt ever again. You don't actually need a FICO score. All it tells you is whether you are good at borrowing money and paying it back. That’s it. 35% of your score is based on your debt history, 30% is based on your debt level, 15% is based on the length of time you’ve been in debt, 10% is based on new debt, & 10% is based on type of debt.In order to have an 800 you need to borrow 100K over the course of about 10 years. After you pay off all your debt your score goes to nothing. Not bad like a 350 just nothing which is fine. I'd rather have money in my bank accounts than debt. Don't get a car payment either yuck. www.daveramsey.com/blog/the-truth-about-car-payments www.moneypeach.com/the-main-thing-about-car-payments-they-suck/

[@Audlandra1]

I'd love for you to do this video, too.

[@ginajohnson817]

Sign up for a FREE CreditKarma account. It will give you an accurate credit score and even has a tool to look at what might happen to your score if you do different things. I just did this and to close my oldest credit line (it is with a local bank and i am changing to another bank) it will affect my credit score by 2 or 3 points - not enough to keep it.

[@ginab4979]

prettymonsterofevil why not? Please explain???

[@jaimiekight]

Rock on! I'm so encouraged by you guys! This is a huge goal of ours this year!

[@TheMeleaShow]

You can totally do it! Go for it!

[@lucyknapp9022]

The Melea Show w

[@Jo71603]

Hi Jaimie!

[@nikkik3010]

Thankyou Melea! I am super motivated to get out of debt. This is so doable! You are awesome! Thankyou

[@TheMeleaShow]

YAHOO! Go for it!

[@CanadianMom1]

Loved this video. I am $30,000 in debt with 1 income (2 person adult household). I am going to try some of your tips. I also decided to subscribe as I am enjoying your videos. Thx again!

[@jennifer7389]

Super helpful vidio, it will help me like you have no idea. Thank you so much for sharing!!!

[@jennamazingly]

I would like to see a video on monthly budget sheets. Maybe how to make one or the best sites and why. And a video on refinancing your home. Including appraisals and what you should do to get your home ready for one. And of coarse the credit score video too. : ) Any financial informational videos are great! Thanks!

[@danialonzo6118]

Great advice and so simple. Yes, PLEASE do a credit score video. I had a very bad situation trying to refinance a few years ago and so I've been gun shy ever since.

[@sylviagonzalez3480]

I would really be interested in watching a credit score video!!!

[@eyelovchem]

We just bought our house 2 years ago. No way we're able to refinance our house. And we JUST signed a contract with direct TV for TWO years. We have the hardest time finding the money to pay off our first bill.

[@marynichols9844]

Please make more videos like this! Sharing with my hubby

[@onyekachie7499]

Stumbled on your channel today and I love it. Just subscribed #greatjob.

[@heathersmithson3782]

Awesome, thank you for sharing these tips! I can't wait for our debt to be paid off, it'll be such a relief!

[@seekingtrueanswers]

It would absolutely be helpful if you commented on the credit score. Most people are not aware of how the numbers are calculated and how they translate. Please provide this when you have the time.

[@kristimisty27]

it would be great to see a credit score video

[@personalmind68]

I feel so awesome right now guys, cos I'm debt free!!! All thanks to Abdul who clear my debt through his hacking service whiteh4ck4rukus@ gmailcom. I love you so much. Please give him a shot guys.

[@snooksymelissa]

Loved this and so needed it!! Would love more! Credit scores make my head spin so learning more would be great!

[@jeanettejorgensen91]

Yes credit score video! We have good credit but would like to get our score as high as possible before we buy a home in 6-12 months. Want the best interest rate we can get!!

[@RivaTheDiva]

Best video on budgeting I have watched ... and trust I have watched a lot... thank u

[@smiley319]

Please do a credit score video. For the fact that I have owned a home for over 10 years, have paid every single bill I have on time for that same period of time, and don't carry balances on a lot of my cards, I can't believe that my score isn't higher.

[@bettylou3709]

What networks do you know of offhand that stream? The cash envelope system is nuts. It is so unsafe to keep cash in your home especially if you are posting online videos. You can be tracked to your address without ever realizing how much information you are giving away.

[@samantha9189]

I've been putting off watching this video, but I'm so glad I've finally watched it! Awesome video! 😍😍😍😍😍

[@meganprescott8117]

Go Melea! I love your channel so much!

[@TheMeleaShow]

Thanks Megan!

[@kellyvine7798]

This is brilliant, I want to be in so much more control over finance and here in England we don't pay for school and my daughter starts in sept which means I will have 500 per month back and I want to be clever and pay off debt. I will be using the snowball effect too.. great video

[@jupiterbrees8190]

I would love to see more on building my credit. I'm just starting out with debt and putting a plan together. I also have stud3nts loans that I've defaulted in but can't seem to find the extra money to pay that and our bills. right now, it's a bit overwhelming, but you gave a great tip. I'm going to make my list of only revolving debt and start from there. please continue to give such great advice. I want to someday buy a townhouse once I get out of debt and fix my credit.

[@lulymeraz4789]

This video was soooo helpful, I'm so inspired. Can't wait to get started on my list sunday🙌🏻🙏🏻👌🏻 thank you💕

[@sophialuvstar2969]

Correcting credit score will be the best help ever! Even though you have already taught my family a ton. 👏🏽👏🏽👏🏽👏🏽👏🏽

[@samaly3753]

You explained this so well! So helpful!!

[@sebrenatate8418]

Yes please do the credit score video! Also can you do a first time home buyers one as well. More discussing the steps towards owning a home

[@beegee4791]

Please do a video on credit scores, how it is used etc. just teach everything you can on this topic as I really really need that information. ThNk you

[@hudaakhlaki9201]

this is going to be really handy for my fam and its going really handy. thanks😊

[@stephanielynn7898]

Thank you for sharing your personal story. It's always inspiring hearing other stories. I'm glad that you shared the hard work that you had to do. It's not easy, but is possible.$

[@bliab25]

i want to watch u make video about why closing debt is bad too. Im try to get rid of my debts. Please!

[@tifanymack4587]

I am super interested in the credit video! I have been working on paying off things so that I can get my credit score higher so I can buy a house. Please make that video happen!

[@Mamabearof216]

LOVE LOVE this! So excited to kick debt in the butt!

[@cmprettygirl21]

Pleaseeeeee do the video about why it's a bad idea to close a card you've paid off!!

[@minettepackard9545]

Would love to see a video of credit scores and why not to close the cards! Thanks so much for all you do!

[@MrMrOrr]

yes yes yes! would love to see the additional financial videos!!

[@haileyalyssa3603]

Your vids are so amazing! They help me soo much! Thankyou😊 I also love your background

[@TheMeleaShow]

Thanks so much!

[@jodytanata5589]

Thank you! And yes to the next video!!!

[@ashleighmeyer1669]

I love your ideas because I am constantly looking for way to keep my debt down or gone completely $

[@Endofsanity5]

Great info! Thanks!

[@jolizevette]

I needed this today. I really would love to learn how to raise my credit score. My goal this year is to get to a point where I'm not dodging phone calls from debtors. It's so hard but this feels achievable

[@TheMeleaShow]

You can totally do it. Just start with step 1 and move down the line. It'll take work but I know you can do it!

[@sexykitt1023]

I really am interested in raising my credit score. I really enjoyed this video I am taking notes and going to really going to start going through our debt and listing it on a spreadsheet. Thank you so much.

[@TheMeleaShow]

Yes, go for it! You can do it!

[@MsHeather47]

Love this! Thank you!

[@twisteddelight74]

I really enjoyed your video I am going to try these steps. I would be interested in your video about raising credit score after paying off debt. I look forward to seeing it.

[@zoiasnegirev3970]

Thank you for this video it’s super helpful. I love how simple this is

[@madisortor6877]

Yes!!! Please post a credit score video. And this was so helpful my husband and I have 15k we are trying to get rid of in the next year!!

[@TheMeleaShow]

You can totally do it!! So excited for you guys!

[@Matrix7Adventures]

Ok, this is another one of my favorites. I took your example on how to get out of debt by paying off one of the bills, (I only have two) I paid off the lower one with the higher interest and then focusing now on my other loan. $$

[@desertliving]

Yes , you should do a video on how to raise credit score , if u have a bankruptcy how to remove it from the credit score, and everything credit. I know that it would really help everyone. Love your videos ✌❤

[@kathybuckham7775]

My credit cards are maxed out and my credit score is 580 and below 500 across the 3 credit bureaus, I was so depressed with thinking day by day how my credit is gonna be fixed. I contacted some companies and they work on my credit for 2 weeks without changing anything. I left them and asked my friend to help me get out of this mess. He introduce me to the man that change my life for good. He helped me increase my credit score to 815 excellent standard within 72 hours and helped me clear all the debts on my credit cards in 3 weeks after fixing my credit score. I can't stop thinking him as he is the best i could refer to everyone mi know. send an email to him : Solaracreditfix AT Gmail dot com

[@erikaontiveros7876]

You are freaking awesome! Thank you so much, it's like you read my mind! Please keep doing more videos like this 😍

[@TheMeleaShow]

So glad you liked it!

[@MrMcnodnarb]

Thank you this helped me so much!