Ready to pay off your debt fast? My wife and I paid off $50,000 of student debt and car debt in one year. We did this by decreasing our expenses, increasing our income and budgeting together each month. I dive deeper into our story and how you can become debt-free too! CHAPTERS 0:00 - Intro to How We Paid Off $50,000 of Debt 1:48 - 1. Develop a Monthly Budget 2:40 - 2. Choose Debt Elimination Strategy 6:03 - 3. Increase Your Income 8:12 - 4. Stick to the Plan 9:01 - 5. Celebrate the Wins 10:29 - What do you think? #DebtFreeJourney #DebtSnowball #StudentLoans #DebtFreeCommunity BUDGET RESOURCES Mint: http://www.marriagekidsandmoney.com/mint YNAB: http://www.marriagekidsandmoney.com/ynab INCREASE INCOME RESOURCES Become a Virtual Assistant: http://www.marriagekidsandmoney.com/tenkva Earn More with Freelance Writing: http://www.marriagekidsandmoney.com/earnmorewriting OTHER VIDEOS TO WATCH How to Create a Mint Budget for Free (in 10 Simple Steps): https://youtu.be/BMkGGmn-DhQ How We Became Millionaires in 10 Years: https://youtu.be/0UeKhGZP3nU How We Paid Off Our Mortgage in 5 Years: https://youtu.be/nPXXHTMHlxA MARRIAGE, KIDS AND MONEY: This award-winning blog, podcast and YouTube channel are dedicated to helping young families build wealth and thrive. Each week, Andy Hill interviews personal finance experts, families who've achieved financial independence and debt-free young parents. Blog: https://www.marriagekidsandmoney.com Podcast: https://www.marriagekidsandmoney.com/Podcast-Archive Facebook Group: https://www.marriagekidsandmoney.com/Community Coaching: https://www.marriagekidsandmoney.com/coaching Subscribe to my YouTube channel today to strengthen your family tree and live financially free! DISCLAIMER This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products. Opinions are the creators alone, and this content has not been provided by, reviewed, approved or endorsed by any advertiser. Information shared on this channel is for entertainment purposes only and should not be considered as professional advice. Marriage, Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.