3 Amazing Ways to Get out of Debt Quickly

|
Updated:

Silas & Grace

This post may contain affiliate links. See affiliate disclaimer here.

I believe that going after incredible ways to pay off your debt can completely change the course of your life. Instead of never having enough money to even create a savings, you can start to make an amazing income stream that’ll open up new doors for you. Not only will you be able to be debt free, you’ll have a way to start new projects and go after your goals and dreams. Money problems won’t be an issue for you again.

Now down below, I’ve explored 3 different people’s stories on how they were able to pay off debt in amazing ways. They weren’t just the, “Create a budget,” or “Never go out” sort of people. They were the, “I’m gonna find new and different ways to tackle this huge debt monster and get it out of my life.

So check out these stories, get inspired, and let me know what you think!

How Michelle Paid off $40,000 in Student Debt

Just a few years ago, Michelle was in debt.. a lot of debt. She had gone through college only to feel overwhelmed by how much she owed. For some, this may look a whole lot better than what they owe, and for others, it may look like more than they could ever pay off. But by using an unconventional way to pay it all, she was debt free in 7 months after starting.

So how did she do this? She did it by creating a blog. Yeah, sounds weird, but like I said, it was unconventional. And now because of this blog, she’s debt free. So how does a blog help you become debt free, well I would know, I’ve been making around $6k after starting it seven months ago. It’s a real way to work from home and pay off debts.

Michelle was able to work hard on it for a few months and paid off all of her student loans. Now if you want even more tips and guidance on how she used her blog to pay off debt, check out the rest of her post! It’s seriously inspiring!

Join my EXCLUSIVE email list for money saving and making hacks!

Here I'll give you some of the best tips and hacks I have for making and saving money.

So whether you want to increase your income, get out of debt, or just some simple saving tips, I've got you covered!

Powered by ConvertKit

How Veronica Paid off $100,000 in Debt

Now Veronica and her husband didn’t just have student loan debt, they also had debt from their wedding, credit cards, and mortgage. Now that’s seriously overwhelming. But by being frugal and being a skilled flipper, she was able to pay it all off. Now what’s a flipper you may ask? Well it’s someone who is able to take old items or possessions and sell them to others. It may not be new to you, but it’s definitely new to them. And I’m not talking about a garage sale, I’m talking about eBay.

Veronica and her husband were able to pay off their debt by flipping items on eBay. Now that’s definitely different… and incredible. And guess what? It’s not hard at all. Check out their story on how they were able to pay it all off through flipping items.

How Kyle Paid Off $30,000 in Student Loans

Just like Michelle, Kyle was able to start a blog and pay off his debt as his site became more popular. But starting a blog wasn’t his only tip. When paying off his student loans, he talks about how he wished he had known about refinancing them. Refinancing is where you work with a company (in this case, a company called CommonBond) to get a whole different interest rate. This means you’ll be paying back less and get it paid off quicker.

The company he talks about, CommonBond, amazed him with how great they were with helping people with their student loan debts and wants to tell people about them.

Check out the rest of his story and take a look at why CommonBond is such an amazing refinance company!


Now I hope that when you read through these stories, you’ll get the inspiration and help you need to pay off all the debt you have. It can be so overwhelming at times to see what you owe and think that it’ll take years to pay it off. But if you have just the right information you need to go after unconventional ways to become debt free, you can not only be financially stable, but also have another income stream to save and go after your dreams and goals.

Now, if you have any questions about paying off debt or any of these people’s stories, let me know in the comments down below! I’d love to hear about them!

Chasing Foxes was started in 2016 as a way for Grace and her husband, Silas, to start traveling. However, they started to realize that they had a passion for improving themselves, and wanted to help others level up their lives as well. So whether it's with cooking, travel, or staying healthy, they want to help you better your life bit by bit, as they do the same.

Managing Finances Money

Silas & Grace

Chasing Foxes was started in 2016 as a way for Grace and her husband, Silas, to start traveling. However, they started to realize that they had a passion for improving themselves, and wanted to help others level up their lives as well. So whether it's with cooking, travel, or staying healthy, they want to help you better your life bit by bit, as they do the same.

2 thoughts on “3 Amazing Ways to Get out of Debt Quickly”

  1. How do I start a blog? I have been interested in this for some time now. Being a stay-at-home mom this would be great way to make income.

    Reply

Leave a Comment

WHAT TO LEARN MORE?

Explore Our Tips Below!

Lifestyle

MONEY

STYLE & BEAUTY

TRAVEL

FOOD & DRINK

Wellness