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How To Use The Envelope System To Pay Off Debt With Kristin Stones From Cents and Purpose

 

 

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If you need budgeting help you need to listen to this podcast with Kristin Stone from Cents and Purpose.  Today we will be talking about Budgeting, getting out of debt and side hustles.

Kristin and her husband were yo-yo debtors who were constantly using credit cards to bridge the gap until payday.  They would find themselves in debt and then dig themselves out short term only to end up back in debt again.

After 10 years of this cycle, they realized that if they wanted their marriage to survive they needed to do something different.  They were super motived and able to pay off $55,000 worth of debt in 22 months – impressive huh!

Paying off their debt completely changed their life and their marriage.

Kristin attributes the vast majority of their success to budgeting and finding ways to earn extra money.  They drastically reduced their spending, used the envelope system and earned extra money through side hustling.

If you are struggling to get your spending under control I highly recommend listening to this interview with Kristin Stones from Cents and Purpose.

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Call To Action:

Start Budgeting today!!!  If you want to change your financial future, the first step is to begin budgeting.