What is the debt snowball method? ๐ค
List all of your debts from ๐ฌ๐ฆ๐๐ฅ๐ฅ๐๐ฌ๐ญ ๐ญ๐จ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐๐ฆ๐จ๐ฎ๐ง๐ญ ๐จ๐ฐ๐๐, ๐ซ๐๐ ๐๐ซ๐๐ฅ๐๐ฌ๐ฌ ๐จ๐ ๐ข๐ง๐ญ๐๐ซ๐๐ฌ๐ญ ๐ซ๐๐ญ๐. Then put extra money each month to pay off the ๐ฌ๐ฆ๐๐ฅ๐ฅ๐๐ฌ๐ญ ๐๐๐๐ญ ๐๐ข๐ซ๐ฌ๐ญ, while making only minimum monthly payments on the other debts.
After that first debt is paid off, put extra money each month toward the next smallest debt, while continuing to make only minimum monthly payments on all the other debts.
Continue this pattern, paying off each debt from smallest to largest, until all of the debts are paid IN FULL! ๐ช๐ผ
๐ www.anthonydoty.com
.
.
.
.
#financialindependence #financialfreedom #financialliteracy #DebtSnowball
#FinancialFreedom
#DebtFreeJourney
#MoneyManagement
#SmartFinance
#BudgetingTips
#DebtPayoff
#FinancialGoals
#PersonalFinance
#SnowballEffect
#MoneyMindset
#DebtFreeLife
#FinancialPlanning
#SavingsGoal
#WealthBuilding
#FinancialSuccess
#BudgetWisdom
#DebtFreeCommunity
#MoneyMatters
#FinancialWellness
#DebtElimination
How to Gain Real Wealth & Peace of Mind ๐ #shorts
#wealth #peaceofmind #financialfreedom #moneytips #financialsecurity #stressfree #budgeting #wealthmindset #financialpeace #moneymanagement #trackspending #financegoals
๐ www.anthonydoty.com
.
.
.
.
#financialindependence #financialfreedom #financialliteracy
#SelfCareSunday
#BudgetFriendly
#WellnessWednesday
#Mindfulness
#SelfCareRoutine
#SelfLove
#AffordableWellness
#HealthyHabits
#MindfulLiving
#HolisticHealth
#SelfCareTips
#WellnessJourney
#MindBodySpirit
#WellnessHack
#BudgetWellness
#AffordableSelfCare
#HealthyLifestyle
#WellnessSwap
#HolisticLiving
#SelfCareChallenge
#MindfulChoices
#WellnessGoals
#SelfCareHacks
#BudgetBeauty
#PositiveVibesOnly
๐ www.anthonydoty.com
.
.
.
.
#financialindependence #financialfreedom #financialliteracy #personalfinance #investing #financialeducation #finance #money #debtfreecommunity #financialplanning #budgeting #debtfreejourney #debtfree #wealth #financialgoals #investment #financetips #financialadvisor #business #entrepreneur #wealthbuilding #moneymanagement #passiveincome #stockmarket #budget #moneymindset #moneytips
Hey, everyone! I want to share a personal story with you that taught me some important lessons about credit and financial management. ๐ฌ
Recently, I lost $23,000 in available credit overnight with the X1 Card. Waking up to find out that a massive portion of my credit limit had disappeared was a shock, to say the least! This sudden reduction really got me thinking about how credit limits can impact our financial healthโespecially when we least expect it.
๐ณ What Happened:
The X1 Card issuer decided to lower my limit without warning, likely due to changes in my credit score or spending patterns. While it didnโt leave me with a major financial issue, it did have an immediate impact on my credit utilization, which can affect my credit score if not managed properly.
โ ๏ธ Why It Matters:
Credit limit reductions like this can catch you off guard, especially if you rely heavily on one card. Itโs a reminder to always monitor your credit and be prepared for changes.
๐ก What You Can Do to ...
Hey WealthWithDoty family, I wanted to share my incredible journey with you all. Before meeting Holly, I was struggling with multiple businesses and no clear direction. But thanks to her amazing coaching and the AIM methodology, I've transformed my approach and regained my focus.
Check out video here:
If you're feeling stuck or need guidance, I highly recommend connecting with Holly. She can make a real difference in your journey, just like she did in mine! ๐
๐ Connect with Holly > https://Links.Anthonydoty.com/s/Holly
#FinancialFreedom #Empowerment #SuccessStory #BusinessCoach #FinancialCoach #EntrepreneurLife #OvercomingObstacles #FocusAndAchieve #TransformYourLife #FinancialSuccess #MindsetShift #Motivation #PersonalGrowth #BusinessJourney
๐ www.anthonydoty.com
.
.
.
.
#financialindependence #financialfreedom #financialliteracy #FinancialFreedom
#Investing
#Budgeting
#PersonalFinance
#MoneyMatters
#WealthBuilding
#RetirementPlanning
#SmartSaving
#DebtFreeJourney
#FinancialGoals
#FrugalLiving
#CreditScore
#SavingsChallenge
#PassiveIncome
#FinancialLiteracy
#SideHustle
#CashFlow
#InvestmentTips
#BudgetTips
#MoneyManagement
#EmergencyFund
#FinancialWellness
#SmartSpending
#RetireEarly
#RealEstateInvesting