How To Pay Off Your Credit Card Balance FAST!

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This is exactly what i started doing about a year ago! I still have a little ways to go, but i am gaining ground on my debt!❤

darlenemckay
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Debt free for almost two decades. No credit cards. Life has been good and mostly stress free. Highly recommended!

jameshanna
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This is called velocity banking and it works to help pay off debt quicker, relieves stress because you aren’t living pay check to pay check.😊

fearisasnare
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It's wild to me to hear people are in 20, 000-30, 000 credit debt. I'm $7, 000 in and it feels virtually impossible to pay off

DS-poxg
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I'm out of debt 100% but use credit cards for every purchase for points and cash back. My own house I have created an apartment pays $950, detached apartment $400, detached garage with 2 apartments above pay $$2, 400. My house is actually an asset, not a liability 🤷🏼‍♂️ love your channel. Thank you. People need to get out of their comfort zone

chadross
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When you are out of debt you sleep better
And your happier and healthier. The mental stress of being in debt robs you of enjoying daily life. God Bless you for teaching about
keeping a budget and getting debt free quickly.
There is a difference between needs and wants.

JaneaLogan-ulkc
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I have been debt free for the last 1.5 years. It feels amazing! I never have to worry about if I have enough to pay my bills. I don't need to worry if I have enough money in my account for a purchase, because I KNOW I have enough. Less stress. It is worth getting out of debt. I will never have credit card debt ever again.

kimg
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I used to do this and had almost an 800 credit score… problem now is that my income doesn’t even cover rent and groceries so all the other expenses are just piling up on credit cards. I don’t know how any single parents can keep a roof over their kids heads anymore.

H.Michele
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I’ve done this for years. Your the first one I’ve seen that explained it simple and fast. Good job. Was nice to watch.

tishneumann
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Pay off the lowest balance then apply that amount you were paying on your 2nd lowest card again while making the payment on that card. You will be out of debt faster.working on it myself.

Angel_eyes___
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some people say to not use any credit cards... the problem isn't the credit card. The problem is buying things out of your mean. The card doesn't swipe itself or tap itself. My only debt right now is my student loans which I had to take. No credit card debt but watching this to help my partner come up with a strategy. Love looking at finance videos for tips and suggestions! There's always thing to learn, even for me in my case who does not have any credit card debt. But paying off my student loans!

bivianacoyomani
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The only debt I had 3 years ago were my mortgage & about $2, 000 of credit card.

Once I paid off my credit card, a huge weight lifted off of me and I was able to focus on paying down my mortgage. Plus, I was able to focus on my business much more.

Thank you Ninja. God bless.

jessicahayes
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I had good credit and bought a home in 2010. Got it for super cheap. Keeping low debt is the way to go

tesoro
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I sure need this. Will have to watch again to fully understand. When you don’t have extra money to put towards a credit card because you have medical bills, it does get overwhelming.

Tanner
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I learned this technique not too long stuff Ninja thanks for caring enough to share such valuable info bud!

BrianMason
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I started to work on this back in January, because I'd run up some balances for our wedding last fall. First off, I cancelled my Prime account. That really helps. To get to the point where I could start to stack silver, I transferred $3500 from my low interest cc using a 0% balance transfer. I'm paying that off $300/mo while paying off my cc in full every month, and buying silver with the rest.

karensullivan
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Amen!!! I sent this video to some friends who need to see this. I love this educational helpful video. Thank you.

menasiak
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Great Ninja!! THIS is what people need! Theory is great, but showing some 'mechanics' to get to real wealth is the step of which many do not get.

johnvehling
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Personally Spiritual debt is very important to address right now. Though one might be physically rich, spiritual debt can be catastrophic....when the debt collector comes to collect. Agape !

israelelohim
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Great information. Thank you so much. Trying to help my kids get out of debt.

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