America Saves’ Post

46% of Americans are STILL paying off their CC balance from last summer. 😅 If you're traveling this summer, here are some tips to help you break the vicious cycle and plan a permanent vacation from debt. ⬇️ #KWealthAdvisors #personalfinances #financialplanning #creditcarddebt #debtmanagement

Do you owe over $10,000? You’re not alone. The average personal debt per individual has increased notably in the last year. Consider the incredible story of Cory and Erica. They decided not to allow debts to control their lives and finances, paying off over $135,000 in 36 months, and here is their story – this story highlights how you can take control of your finances and begin paying off debts.

Explore the pros and cons of debt forgiveness. Learn how it can help or hurt your finances and get tips on making the right choice for your situation. READ 👉 https://lnkd.in/gBMCph8h

Take control of your finances in 2025! Dave Ramsey's Baby Steps are a proven, step-by-step plan to get out of debt, save for emergencies, and build wealth. Which Baby Step are you on?

Tis the season to be financially wise! 🎅💡 Get the best tips for managing holiday debt so you can enjoy the holidays without the stress. Learn more by clicking the link to our latest blog. #debt #smartspending #financialtips #holiday

Avoid emotional and financial debt < Make a profit paying your bills and break the cycle ⛓️💥 Most people are going to read the top of this post and scroll. It won’t click although the statement isn’t complex. Some will choose to stay in their financial debt that causes emotional distress and we all know in this day and age there aren’t many ways to get out of debt besides work more or get promoted. 🏃🏼♂️ But some will choose to break their cycle and those people don’t need convinced they just need to be taught. 📝 So to the ones who haven’t scrolled and moved on, HEY!! 👋🏻Happy to see ya! So you wanna break your debt cycle? Live a life with less stress from your finances that everyone else is downing in? Well, its nice to meetcha! Haha 😄 In all seriousness though, my team and I are on a mission to help people who want to create a better life, create a better life. There are SO many ways in which we achieve this but one way is SHARING our better bank concept (no gatekeeping) and teaching you how to actually, truly, realistically make money paying your bills and actually start thriving financially. 😌 I feel like I have to keep saying that until it really gets through to people. YOU SPEND MONEY AND MAKE MONEY TREES Can you actually imagine what it would be like not just dishing out money and then poof its gone? When really that money you spent is someone else while yours is growing? What other bank does that? Ill wait… 💭 Your Dunkin coffee on the way to work, your Piatta lunch, the groceries, the mortgage, the car payment, Christmas shopping, the gym membership, the subscriptions you forgot to cancel (now they might actually have a better purpose). People.. wake up. There is revolutionary technology and masterminds at work working for you to help you live a better life! 🤯 You just need to take the opportunity to listen. I can say this until I’m BLUE and I will because I know there are people out here whose lives will be changed by this concept. The old systems are working against us to keep us broke. Our systems work for you and make you money by paying your monthly bills. 💸🌲 Find me in the DMs ❤️

Being dependend on two incomes to survive when you have a family and desire more freedom makes you feel trapped. My wife and I have lived on only one income (even when we have earned two) for the last 14 years and it has given us significant freedom. Here’s what I tell couples who want to do the same: 1) Figure out the exact monthly expenses you both feel will give you everything you need (emphasis on need, not want), then create a monthly budget based on this number 2) Pay off all consumer debt except your mortgage - most people are dependent on two incomes because they have to keep up with large debt payments. 3) While you have a second income as a safety net, practice living on only one income and see if you can do it. Use your second income to supplement and ideally, put it all into savings or investments. Once you get to a place where you can live on one income as a couple, you can more easily start a family, allow a spouse to stay home with the kids, start a business and give your family options you would never have otherwise! If you want to work on getting in great financial shape, join my Money Gym! I’ll give you the training and equipment you need to build money muscle and shred financial fat for the sake of your family. Click the link to join today! www.skool.com/moneygym

With cost of living on the rise, staying in control of your finances can sometimes become a source of concern. It's possible to reduce your financial stress by adopting smart habits to manage and pay off your debts. Here's how!

Keeping up with the Joneses, especially with social media, can tempt you to overspend. Following this path will hinder your ability to build true wealth. "Stop doing what everybody else does," advises money expert Jaspreet Singh. "If you spend like everyone else, you’ll never achieve the wealth few people have." 💳 Always Being in Debt Debt is common but not beneficial. Debt should not be normalized. Lock your credit cards, avoid new debts, and prioritize paying off existing debt quickly to focus on growing your money. 📈 Giving Into Lifestyle Creep Earning more often leads to spending more. Increasing expenses can make your income feel insufficient. Avoid unnecessary upgrades and keep your spending in check. 📉 Not Sticking to a Budget Not adhering to a budget leads to impulsive spending. Ensure your budget prioritizes savings and essential expenses for financial stability. Join us at #ChildfreeWealth for more great discussions on this and other financial topics from a #Childfree or permanently #Childless perspective. #FinancialAdvice #WealthBuilding #DebtFree #BudgetingTips Thank you Gabrielle Olya (GOBankingRates) for including Jay Zigmont, PhD, CFP® in the article along with Jaspreet Singh (Minority Mindset), Scott Lieberman (Touchdown Money), Sigita Kotlere (nectaro) Read the entire article here: https://lnkd.in/eJczXUAP

If getting your finances in order is a financial priority or goal this year, I recommend reading this article about debt management/repayment. Please reach out if you have any questions or would like to discuss your personal scenarios!