Lauren Miller's video: How to Start Paying Down Debt 4 Simple Steps

0:00 Intro 0:35 We stopped taking on new debt 2:06 Made sure our income was more than our expenses 3:33 We started small 4:43 I believed that I would enjoy paying off debt 6:10 Bonus step: Lowered our interest rates Here are the 4 simple steps we followed in 2020 to start paying down our debt. We have made MAJOR progress this year following these steps, so I am excited to share them with you today! These are simple steps that anyone can do, but simple does not mean they are easy! Paying off debt takes a lot of hard work but the freedom you get from paying off debt is priceless! My Etsy Shop: https://www.etsy.com/shop/lomillsfinance We are in the process of paying off $30,000 of credit card debt! Watch my update videos here: August Debt Payoff Update: https://www.youtube.com/watch?v=xJ4iKi1aj8E&t=370s My Plan to Payoff $30,000 of credit card debt in 12 months: https://www.youtube.com/watch?v=4_nIzfeWU7o&t=561s As soon as we get our credit card debt paid off, we will be working on paying our student loans. Subscribe to follow along in future months! Here is my SoFi affiliate link if you want lower your interest rate, pay down your debt faster with me and get a $300 CREDIT towards your loan: https://www.sofi.com/share/1333184 Thanks for watching! xo, Lo **This video is not financial or legal advice. This is just me sharing my own experience with my debt and finances. FOLLOW ME ON INSTAGRAM! https://www.instagram.com/laurensmoneymindset For business inquires: lomills1017@gmail.com FTC: This video is not sponsored. Some affiliate links are used, from which I earn a commission. This helps support and improve my channel. If you would like to support me, thank you, otherwise please feel free to search anything mentioned in Google. Thanks so much!