71 - Get out of debt

Send us Fan MailDon't let money master you.Get out of debt and feel the power :-)This episode is the story of young Andy and also a "how to" for getting out of debt.Use YNABYou Need A Budget software/apphttps://www.ynab.com/Here are some common pitfalls to avoid:1. **Not Tracking Expenses:** 2. **Relying on Mental Accounting:** 3. **Ignoring Small Purchases:**4. **Neglecting Automatic Payments:** 5. **Impulse Buying:** 6. **Using Credit Cards Unwisely:** 7. **Shopping without a List:** 8. **Not Budgeting for Irregular Expenses:** 9. **Not Reviewing Bills:** 10. **Lack of Communication:** 11- **Use Cash Envelopes:** Ramsey vs Profit first bank accounts12- **Use Alerts:**13 - **Create a Detailed Budget:** 14. **Prioritize Needs Over Wants:** 15 watch out for subscriptions.  Common ways the average person can work towards getting out of debt:1. **Create a Budget:** 2. **Use the Debt Snowball Method:** 3. **Debt Avalanche Method:** 4. **Negotiate with Creditors:** 5. **Cut Unnecessary Expenses:** 6. **Increase Income:** 7. **Use Windfalls Wisely:** 8. **Consolidate Debt:** 9. **Credit Counseling:** 10. **Debt Settlement:** 11. **Avoid New Debt:** 12. **Financial Education:** Hire a mentor!  Like Vincent financial group.On this podcast you will hear actionable tips on Building a Firm Foundation for Life in Fitness, Food, and FinanceI believe in building a firm foundation for life through functional fitness, farm-fresh nutrition, and sound financial practices. Join us in creating a healthy and resilient future!We are happy, humble, helpful people that want to be healthy and fit now, as well as in their 90's. I talk about how to live that good life now and later with a heavy slant towards fitness and nutrition. I will even get into mindset, goals, raising chickens, raising kids, bitcoin, rental property, and entrepreneurialism CrossFit Garage (Woodstock GA)https://crossfitgarage.com/get-started/YouTube channel with other visually videos (long and shorts)https://www.youtube.com/@AndyMcCann42My Lightning NodePubkey03009791220fc72580bb0b9833b68fd487014be25238c782cae92146c875d26da6My Nostr Pubkeynpub1elc4f7ecllsgskukal7jmcu5zvx724hdpse0swvpmwp56rpw6ywsvr4mvy