With nearly 80% of Americans living paycheck to paycheck, most of us could use some help with saving a bit more.
Our guest today, Jen Smith, is going to show us how. Jen and her husband paid off $78,000 of debt in just under two years. A huge factor in their success was taking advantage of “No Spend Challenges”.
These challenges encourage you to halt all “personal spending” for a set period of time. This cold turkey approach could be an excellent solution for a large population of our country right now.
What are we covering?
Jen and I discuss:
- How “No Spend Challenges” work
- The steps she took to pay off $78,000 of debt in 2 years
- Advice she has for others with large amounts of debt
Jen's “in the trenches” personal finance knowledge is refreshing. After listening, you'll come away with some excellent strategies, frugal living tips and be ready to take your debt head-on.
SHOW LENGTH: 36 minutes
CLICK THE PLAY BUTTON ABOVE OR LISTEN ON:
About our Guest: Jen Smith
Jen Smith is the author of Amazon best-selling book, The No-Spend Challenge Guide, and co-host of the Frugal Friends Podcast. She and her husband paid off $78,000 of student loan debt in 2 years through lots of side hustling and cutting back.
See what you could save with an individual vision plan.
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Money Master of the Week
Kenneth from Michigan recently paid off his Buick Enclave 2 years early! He's now driving a “paid for” car and lovin’ it.
The loan was originally set for 5 years and he and his wife decided to make extra payments until the loan was gone.
Now they are focused on eliminating their student loans! With their determination, I'm sure they'll get there soon.
Kenneth from Michigan is our Money Master of the Week!
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Your story will inspire others to save more, make more and plan for their family’s future.
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If you’d like your question featured on the show, reach out and let me know. It would be my honor to support you in your journey toward financial freedom.
Carpe Diem Quote
“It’s not the man who has too little, but the man who craves more, that is poor.”