The FASTEST Way To Pay Off Debt in 2024!

This video covers 3 popular debt payment methods as well as some tips on where to start if you are wanting to become debt free! I also share our story of how we quickly paid off $311,000 in 2 years 8 months using one of these methods! Hope you enjoy!
Love, Erica 🥰
P.S. lol I spelled principal wrong the entire video 😭.

****Once we became debt free, we decided to travel more because we love it! If you like traveling:

My gift to you for happy travels! This is one of my favorite tools I created for planning and budgeting for my trips, and I wanted to share it with you. Enjoy!
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Music by Sparkin’ / Ocean Jams / courtesy of Epidemic Sound. Music by Epidemic Sound. Free 30-day trial through this link:

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**Some product links are affiliate links which means if you buy something I'll receive a small commission. As a customer, you do not pay more or less for using my link. I will only recommend what I truly believe is amazing. Thank you for your support of my channel! 🥰

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More about Erica:
Erica is a Doctor of Physical Therapy, Spine Specialist Fellow, and Certified Strength and Conditioning Specialist. Erica teaches students at the graduate level and has always had a strong suit for leadership which led her to pursue her MBA. After Erica and her husband, Anthony, paid off over $311,000 in student loan debt in 2 years & 8 months, it inspired Erica to start Build Your Moxie. Erica is also a certified financial coach and has a passion to help others to become free of debt and stress.

[cristinafierro]

Thank you for not shamming those who follow their own method of paying off debt.

[johnben]

Finance and Business books have been so helpful. I’m 50 and my husband 55 we are both retired with over $3 million in net worth and no debts. Currently living smart and frugal with our money. No longer putting blames on FED for our misfortunes. Saving and investing lifestyle in the stock market made it possible for us this early, even till now we earn weekly.

[Ingridlourd]

Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274, 800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.

[Riggsnic_co]

40 now, and everything is paid for. Fortunately, I had a college economics teacher who taught me a lesson when I was 18 years old. That lesson was: you can't buy something else for every purchase you make. Having multiple sources of income is prudent, as is living within your means. I have a 13-year-old vehicle because it is all I need, I like it, and I can do whatever I want with it. My net worth is $4 million, and I can pay my bills without stress, but I don't live like I have that. I have no complaints.

[daralynx]

We snowballed smallest balances first. Finished in 2014 and never looked back. Great video!

[lauriedavis]

I did the attack the largest debt first. It was such a rewarding feeling.

[thomaschew]

Great story!

Six years ago we had a mountain of debt, all kinds of debt. We finally realized debt sucks in the extreme and using the snowball chipped away at it. We kept at it, it was difficult and at times total misery but one by one our debts went away. Today we are in Baby Step 7 and seriously loving it!

[annlouis]

Well explained. Thank you for bringing up this video. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject Thanks to Georgina Lucas the lady you

[bdstratton]

Debt Snowball worked for me Im debt free now.

[shadowandbosco]

very helpful advice - thanks for posting

[anthonybarton]

Well done! Love the example of the sports team and overcoming that big feat. It can be so hard to stay motivated when working on a big task but breaking it down into smaller, more manageable tasks can make a big task seem so much more doable. Thanks for the video. 🤗

[ayoash]

Before I even started listening, which I plan to watch the whole thing.... my jaw was on the floor with how amazing your plants Instant happiness.

[daveriley]

good job!!I personally used the debt snowball as well and cleared all our debts fast. it's amazing how fast it can work if you don't deviate and do it ish.

[wiibjik]

investing requires good experience and knowledge to carry out a good and successful trade, I have lost a lot trying to trade all by myself May I ask which investments are

[nostradamus]

This is the best video I've seen in how to repair loan debt explained so simple I can I understand.
I have 5 credit cards almost max out and I am getting over my head .
After watching your video I will do the Snowball plan on my credit cards .
Thank you for sharing your experience and knowledge with others 👍🇺🇲

[admwadenx]

I did this through my customized life-insurance policy because I didn't want o permanently lose the use of $250k! It cost a little more interest on the outstanding loan balance than it would have otherwise, but when that last payment was done and I paid it back to the policy, I had about $260k available for whatever! Snowballing is real!

[mayaleex]

This is so helpful and informative :) amazing job, Erica!

[Rubyruby]

I just have to applaud your content, well done. I remember having a consultation with a financial analyst last August, and it was incredibly insightful. Can’t stress enough how helpful experts in this field are!

[gustav--]

When your paychecks are so low that you can't afford mind affording a fancy college degrees.

[Shabudgets]

lol I love the personality and the information!!