I managed to pay off 15k in 6 months Now I’m focusing on saving up an emergency fund. All the money I was using to pay off my credit cards will now go to my savings account!
Nice job! Don’t forget to check for better interest rates on savings accounts. Inflation is above 2%, so aim for at least 2% interest just to break even. Bonds are offering around 3.9% to 4.3%, so it’s worth considering higher-rate options for your savings.
That’s amazing!!! I’m trying to pay off 6k in 6 months, hope I can do it.
Thanks! I’m lucky to earn 67k and work from home. My job gives annual raises and bonuses, so I’m sticking around for a while!
Every time I read posts like this, I feel like I paid off my loans too! Seriously, awesome work! It’s a huge accomplishment.
What app did you use for this?
I used Credit Karma.
Thanks, I’ll check it out.
No problem, happy to help!
Hey, how’s it going?
This is so inspiring! I’m going to try and do the same. Keep at it!
I think I know what you’re aiming for.
Fantastic, congratulations!
I’m new here, and a bit lost. A friend suggested this app, but I haven’t had a chance to explore it yet. I have a lot of debt and family expenses—can someone explain how I can start getting help here?
You should make a post with your income details and the debts you’re dealing with, including the interest rates. Folks here can give you advice.
No worries, we’ve got you covered!
Wow, congrats to the person who posted this! I’m so happy for you.
You’re amazing for doing this.
Big congrats to you, dude!
Congrats! Now it’s time to build up those savings and investments