Struggling with debt? We were too, but we found a way out. Introducing the DEBT STOCKVEL—a unique twist on the debt snowball strategy that helped us pay off 420,000 in just 6 months. In this video, I'll walk you through the process, the structure, and the rules we followed to achieve financial freedom.
Here's what you'll learn:
Background (0:00) Our journey through debt and the inspiration behind the Debt Stockvel.
Debt Stockvel Structure (1:20): How we set it up the #debtstockvel for success, and .created a supportive system for accountability and rapid results
The Rules (1-4) (3:37): Our guiding principles for efficient, aggressive debt repayment, incorporating a #modifieddebtsnowball method.
What We Achieved (7:19): The successes, challenges, and our incredible journey to debt freedom! Plus, how we built emergency savings and invested for the future.
Reflections (8:02 ) What worked for us and what did not
Other Resources (9:51): Tools and resources to help you start your debt-free journey and work toward financial independence.
Disclaimer: This video is for entertainment purposes only. We're not financial advisors. For personalized financial guidance, please consult a professional.
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