I saw this video below on CNN about a woman that scrimped and saved to pay off her debt.
While the effort sounds heroic the part of the story that concerns me is that it seems they used every dollar available to pay off the debt without putting money in a savings account.
But her efforts are unusual in that they were able to live a minimum level of existence for three and a half years. A task that most people can’t do.
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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