7 - Crushing Debt - Strategies to Pay It Off for Good

🎙️ Beyond the Budget – Episode 7: Crushing Debt – Strategies to Pay It Off for Good

Duration: 10–12 minutes
Host: Greg, Legacy Financial Coaching

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💥 Episode Overview

Debt doesn't just impact your wallet—it impacts your freedom, your peace of mind, and your future. In this episode of Beyond the Budget, we’re diving deep into two of the most powerful debt payoff strategies: the Debt Snowball and the Debt Avalanche.

You’ll learn how each one works, which one may be best for your personality and situation, and how to get started—because the sooner you begin, the sooner you’ll be free.

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🔑 What You’ll Learn

✅ Why paying off debt is about more than math
✅ How the Debt Snowball can build momentum through quick wins
✅ How the Debt Avalanche saves the most money over time
✅ Which method is right for you
✅ Why behavior—not numbers—is the key to winning with money

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📊 Debt Payoff Methods Compared

Debt Snowball
– Pay off smallest balances first
– Builds motivation with quick wins
– Ideal if you need to feel progress early on

Debt Avalanche
– Pay off highest interest debts first
– Saves more in interest over time
– Best for those who stay motivated by the numbers

🔁 Bottom Line: Choose the one you’ll stick with consistently—because winning with money is 80% behavior and only 20% head knowledge.

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📌 Resources & Links

• 💡 Free & Premium Budgeting Tool: EveryDollar App

• 📅 Schedule Your Free Coaching Session: https://calendly.com/legacyfinancialcoach/no-cost-first-session 

• 📖 Article Mentioned: CBS News – 61% of Americans Live Paycheck to Paycheck

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📣 Call to Action

✅ Pick a method—Snowball or Avalanche—and start today.
✅ Build a monthly budget to create margin.
✅ Book a no-cost consultation if you need guidance on how to begin.

Next week, we’re talking income increases—side hustles, raises, and business ideas—to help you accelerate your journey toward financial peace.

💬 If this episode helped you, please subscribe, leave a review, and share it with someone who’s ready to crush their debt once and for all.

🎙️ See you next time on Beyond the Budget!

 

Be Free

Greg

 

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