Meaghan’s flashing the zero balance on her credit card. After having credit card debt for as long as she can remember, how did she pay of $3,135 in months? Surprisingly it involves a grill.
Tips from Meaghan on How to Pay off Credit Card Debt in Months
First, how does it feel to pay off credit card debt?
“It feels amazing. It has been a long time since I have had a zero balance on that. It’s nice to not have to think about paying it every month,” said Meaghan.
Meaghan studied at University of Texas and received her master’s in Geology. She took a position as a Geologist with Statoil in Austin. Like most 20-somethings she had to tackle student loans, credit cards, and a car loan. What was key to buckle down and pay off debt?
“Just watching how I spent my money day-to- day. Resisting purchases that I didn’t really need like clothes or shoes. Just thinking that it would be better to have my credit card completely gone versus a new outfit,” said Meaghan.
Why was financial independence and becoming debt-free important to her?
“It’s important to me because it would be a huge weight off my shoulders. I knew since starting college at age 18 that I’d have quite a bit of debt and it will be nice to get that off my shoulders. I see it starting to happen one step at a time with my credit card debt being gone,” said Meaghan.
For others on a journey to paying off credit card debt she recommends, “Really watch your everyday spending. I was making purchases here and there that I thought weren’t a big deal. Little things add up like eating out, purchases just add up. Just thinking do you really need something?”
Meaghan started paying an extra set amount towards her debt first, before she allowed herself to spend that money on anything else.
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Lastly how a grill helped her get rid of credit card debt in months.
“We got a grill for free from my co-worker. That has helped a lot. It’s a lot cheaper than eating out, but it is something that Chris (my boyfriend) loves doing. I’ll say, “Hey let’s eat in, we can grill.” I can usually convince him to stay home versus eating out since he gets to use the grill.
Don’t you love that? Grilling to get out of debt! Congrats to Meaghan! This could be you next with a ZERO balance on your credit card.