The one thing that triggered my financial independence... And set me free (including my sanity!) Paying off all high-interest debt. By creating a strict budget and prioritizing debt repayment, I eliminated credit card debt and student loans within a few years. I did this by: 1. Cutting unnecessary expenses 2. Cooking at home 3. Prioritizing needs over wants Nailing this milestone not only improved my financial stability but also freed up funds for savings and investments which sped up my journey to financial independence. Personal debt is at an all time high. Don't be a slave to high interest debt. #personalfinance #wealth #livingunrestricted
I'm lucky to have never been in debt. But that's mostly due to things way worse. Oh well...
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3moI remember when I paid off (most of) my debt. It felt amazing Inge 🙌 I still have some low interest and zero interest debt that I'm paying the minimum on while I put my money to work (in errrrrm crypto)