“When I first started getting serious about paying down my debts, I had to really think about why it was important for me to get out of debt as soon as possible,” said Kristin Sutton, founder of this platform Debt Free Black Girl in a recent newsletter.
Good question. Why is being debt free important to me? Well frankly, I am tired of dealing with the emotional consequences that come with debt such as stress, anxiety, shame, depression, low self esteem just to name a few. Since I started this journey I have had to constantly remind myself why I am doing this in the first place. It has helped tremendously to keep me focused and remind myself of my purpose and changed my outlook on my finances.
Here’s what I did to accelerate my debt payoff in no particular order: