This SAHM Has $103k Debt, Financed a Vending Machine

#ad #CITbankpartner Learn more about CIT Bank’s Platinum Savings Account and use code CITBoost to get a boosted savings rate! https://www.cit.com/DebtFreeMillennials This mom of two and her family bring in around $10K per month, but have ZERO dollars in savings and $103K in debt. Debt payoff goals are great, but when they're spread too thin and ther's no emergency savings, it could be a recipe for disaster. Today, I'm going to help Erica lock in and focus on debt payoff and attainable goals, while also saving a bit! Comment below: Do you think Erica can lock in and pay off three debts in five months? 👩🏻‍💻 Want your budget reviewed on my channel? Fill out the Google Form here - https://forms.gle/7RpbxEEUtoLayMx76 Chapters 0:00 - 1:02 Starting with a 25% Interest Rate!? 1:03 - Homes, Tacomas, Vending Machines... and More Debt 7:10 - Gotta Talk About the Vending Machine 9:27 - Are These Goals Realistic? 10:41 - $0 in Savings is Too Risky 16:26 - Emergency Funds are KEY 18:17 - Time to Lock In 22:55 - The Best Spending Category 26:52 - She's Spread Too Thin 28:16 - Debt Payoff Jenga 33:03 - Top Three Tasks for Erica's Focus -------- 💌 Sign up for the Debt Free Millennials FREE budget toolkit: https://www.debtfreemillennials.com/t... -------- 🔸 TikTok:   / debtfreemillennials   🔸 Facebook Group:   / debtfreemillennials   🔸 Instagram:   / debtfreemillennials_   🔸 Site: https://www.debtfreemillennials.com 🔴 Partner With Me - [email protected] 🎉 Who is Debt Free Millennials? Hi, I'm Justine! Consider me your millennial big sis when it comes to personal finance. We'll cover how to budget, save money, and finally pay off your debt (for good). Let's get you back to financial confidence that helps you crush debt and live a life with more fun and fewer payments. Glad you're here! Disclosure: Links contain affiliates. When you buy through one of my links, I will receive a commission. This is at no cost to you and helps support my channel!