Get Out of Debt for Good: Pay Off Your Debt QUICKLY

Let's get started.

Steps to this lesson:

1. Watch the lesson video

2. Create Your Vision

3. Review Saver Street's Steps to Financial Security

4. Start tracking what you're spending

5. (Optional) Send me some feedback! I love to improve. ;)

We're SO excited to see you set your next money goals and your long-term vision. Let's get you to DEBT-FREE!!!

All your downloadable resources are attached to this lecture.

Download and print the tracker below to start tracking what you spend.

Include every penny you spend, so you have an accurate view of what's going on with your money.

You can also write your spending down in a notebook.

Your #1 tool to get out of debt is budgeting. In this lesson, you'll learn how to tell your money what to do. Let's start!

Steps to this lesson:

1. Watch the lesson video.

2. Copy the Simple Budget GoogleSheet to your Google Drive.

3. Set up your debt snowball.

4. Build your budget. Review. Decide. Review.

5. Decide how much money will be in the "fun money" category.

6. Start tracking your budget in the budget sheet.

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

If you have a lien on your property, watch this video to find out how to get it removed.

When a new month starts, you need a new budget! Not every month is the same.

Watch the video to find out how to get your new monthly budget up and running.

At this point, you have a budget and you're starting to try to follow your budget. Excellent! You're right where you should be.

So how do you follow your budget? We talk about following your budget plan in this lesson.

Steps to this lesson:

1. Watch the lesson video.

2. Ruthlessly rank your long-term priorities.

3. Decide how much you want to spend on fun money.

4. Download and fill out the value-based spending worksheet.

5. Write down your daily priorities.

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

Your budget is only as good as your tracking. What good is a budget you don't follow? And how can you follow it if you don't know how you're doing?

Excellent questions. Let's talk about tracking your money.

Steps to this lesson:

1. Watch the lesson video.

2. Take the Quick Quiz.

3. Chose and commit to your tracking method for at least 3 months.

4. Set up your tracker.
   

Onwards and upwards! This is a pretty technical step... but you've got this. If not, let me know in the feedback form. I read every single piece of feedback and create bonus videos based on your feedback.

Let's tackle one of the hardest topics in money management: people.

More than that, we're talking about the people you love, the people you want to be around and help.

Note: I'm not telling you to stop seeing your friends and family. I want you to stay a whole, healthy person, and that includes seeing your friends and family.

Steps to this lesson:

1. Watch the lesson video.

2. Talk to your friends and family. Set expectations in a proactive way. I have a script for that.

3. Plot your gifts. There's a worksheet for that.

4. Think through your giving and help for the people around you. Download the worksheet for that if it applies to you.

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

Script for Talking to Friends and Family

If you're working hard to get out of debt, you're probably making some drastic changes in your life. Those changes should NOT include ghosting your family, friends, or colleagues.

So when they invite you out, what do you say? When they expect you to join in on an expensive gift, how should you respond?

Let's keep your friends close while you get out of debt with the script below. This script is just a template, so please change this to match your way of talking.

Download the PDF below to read the Script for Talking to Friends and Family about Financial Priorities.

Hey! You're about to be halfway through the course. Nice job. You know how to keep your friends and family close while getting out of debt. You're tracking your budget, making better daily decisions, and are laser-focused on your next financial goal.

Let's keep up the momentum.

Steps to this lesson:

1. Watch the lesson video.

2. Define your weekly goals. Download the worksheet to get started.

3. Create or download and print out a visual tracker.

4. Take the Quick Quiz.

5. Celebrate your successes!

We're building out some extra bonus content for this lesson. Please fill out the feedback form to tell us what else would help you with this lesson.

Debt Payoff Trackers

Download and print out any of the debt payoff trackers below to keep each debt front of mind while you pay it off. This method truly helps motivate most people to pay off each debt.

The Motivation Curve

Feel free to review and download the motivation curve.

Weekly Goal Worksheet

It's important to have a weekly goal. How much will you put toward debt or save this week? What is your FOCUS for the week?

Download the weekly goal worksheet to create your weekly goal.

Money Beliefs Worksheet

Your beliefs matter.

Identifying your positive and negative money beliefs will clarify why you make the decisions you make. Looking at your current money beliefs is an essential part of your overall financial well-being.

It is important to have awareness of the thoughts you have about money and your beliefs about what is possible for you in your financial life.

Our money beliefs impact the behavior we have with money, and in order to become financially successful, your beliefs must support positive financial behaviors.

In our one-on-one and group coaching, we teach clients a three-step process toward achieving true financial success and it begins with a strong financial SYSTEM. This system allows you to develop strong money BEHAVIORS and as a result of consistently making smart financial choices, you naturally develop a strong money MINDSET!

That being said, it is also important to have an awareness of your money mindset, so you can either support or challenge those thoughts when they arise.

Our goal is to reinforce those positive beliefs and get the negative ones out of your mind and your life! We are all programmed with certain beliefs from the things we have heard, seen, and experienced in our lives and all of us have our own unique money story.

Download the exercise below to identify and work through your positive and negative money beliefs.

Groceries are the TOP place budgeters blow their budgets. Let's get food expenses under control by employing some simple strategies in your daily life.

Let's start!

Steps to this lesson:

1. Watch the lesson video.

2. Create a meal plan.

3. Build a grocery list from your meal plan.

4. Shop sales and deals.

5. Minimize food waste.

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

What do you do when your essential expenses - housing, utilities, clothing, and transportation - are really high?

Let's talk about it.

Steps to this lesson:

1. Watch the lesson video.

2. Calculate your housing percentage and decide how much you can afford to spend on housing.

3. Download the "Ways to Lower Utility Bills" handout. Pick 3-4 things to start doing from that list.

4. Think through your transportation options and commit to a lower-cost way to get around.

5. Plan your clothing needs month by month.

6. Decide whether you need to make a BIG change to your life to make a big change with your finances.

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

Ways to Lower Utility Bills

Every single suggestion below may work for you based on your starting point.

For example, if you're trying to lower your electricity bill and you read "use your dryer less frequently," but you don't use your dryer at all, it's not going to help. If you do small loads of laundry every day, it absolutely will help!

Please read through the lists and decide for yourself what will work for you.

BONUS: Glenda's Housing Change

We're back to Glenda in NYC. We've been following her debt-free journey as she makes changes to her life. She's now 3 months in and just made a HUGE change: she found a roommate for the second bedroom in East Harlem!

All names are changed to protect our clients' privacy.

Glenda Glitters came to financial coaching making $85,513 per year while carrying $35,512 in credit card debt, $47,556 in student loan debt, and $11,398 left on a personal consolidation loan. She lived in an NYC apartment that she rented by herself... but that's about to change.

Glenda's been looking at her budget over and over. Her biggest expense is housing, which means that it's also her biggest opportunity for change. We talked through finding a studio apartment or renting a room in a house... but she wanted more control over deciding who she lived with.

If she could find a roommate, she'd be able to shave off 2 years and 3 months from her debt-free date. That was worth it to her.

Download the PDF below to see her budget for yourself.

BONUS: Clothing Sales and Deals by Month

The guidelines below are generally when you can find sales and deals on different types of clothing. This will not always work, but it's a good place to start.

Keep your eyes peeled and think ahead when you're shopping. Once you have a clothing budget saved up, you're free to spend your budgeted amount on clothes. Help it stretch by taking advantage of deals!

If you're looking to make some extra income to get out of debt quickly, then this is the right lesson for you. Let's accelerate that debt-free date!

Steps to this lesson:

1. Watch the lesson video.

2. Decide whether you need an extra income or not.

3. If you'd like to bring in an extra income, then decide between a side job or a side hustle.

4. If you decide on a side job, start applying for them online. We have a guide for that as a bonus!

We have a bunch of extra content in this lesson based on frequently asked questions and frequent situations. Don't forget to check out the extra downloads and videos!

Tips for Finding a Side Job

This worksheet is designed to help you identify and apply for a side job, so you can get out of debt more quickly. Some of these tips will work for you; some will not.

Don't be discouraged! It most likely will take a few weeks or maybe a couple of months to get a side job that works for you. Keep going. Your future is worth it.

BONUS: Glenda's Decision: Promotion or Side Job?

We've been following Glenda's budgets throughout her debt-free journey. At this point, she's trying to decide how she'll make more money. Making more money will really help her pay off her debt quickly. She's all in on making more money... but HOW??

This section will discuss her thought process, her decision, and her budgets.

All names are changed to protect our clients' privacy. The conversation itself has been truncated and modified for clarity for this publication.

BONUS: Sample Resume and Steps to Make Your Own

Writing a resume is hard! Make it easier by basing your resume on a template.

This download will give you the exact steps to go from literally nothing to a stellar resume, cover letter, and a foot in the door.