The fastest way to get out of debt | How to create a debt repayment plan

Рет қаралды 5,206

Күн бұрын

Hi! Fam
Please don’t forget to Like, Subscribe, and Comment below.
Debt pay-off plan:
www.jennifernxumalo.com/produ...
[Services I Offer]
1. 3 Month Financial mentorship.
2. CV editing and review.
3. Digital products
4. Budgeting journal
Email or book my services on my website:
jen@jennifernxumalo.com
www.jennifernxmalo.com
[Social]
Instagram account: @jennnxumalo
Tiktok: @jenn.nxumalo

Пікірлер: 76

@linzee298 7 ай бұрын

Your skin is skinning Jenn and your beauty matches your wisdom ❤ thank you for holding our hands to financial freedom

@JennNxumalo 7 ай бұрын

Thank you so much 🥰🙌🏿

@mankwanemalumise8416 7 ай бұрын

Having debt is really demoralizing. You work hard but quality of life is poor, sometimes you can't even do anything nice for yourself because there's too many responsibilities.

@JennNxumalo 7 ай бұрын

It is big time and it takes us back in so many ways.

@kamoogelo 7 ай бұрын

Finishing off debt is honestly the best feeling ever but it is easy to go back with circumstances and sometimes lack of self control and discipline. Enjoyed this one Jenn❤

@JennNxumalo 7 ай бұрын

It’s easy to go hack when you don’t have any savings for things that come up. But if one finishes a debt and takes that money to save then you can save faster and protect yourself from getting into another debt.

@guguxaba7585 24 күн бұрын

No playing around here!!! 😂 true it's not easy to clear debt. Thank you Jen I appreciate your assistance ❤

@JennNxumalo 17 күн бұрын

You are so welcome!🤗 😍

@user-ro1eo1bp8l 7 ай бұрын

Thanks Jenn for your contribution to our lives, your vedios are my motivation. I am taking it one step at a time

@JennNxumalo 7 ай бұрын

So glad to hear that, I appreciate it so much 🙏🏾🥰

@boitumelomaboa4239 7 ай бұрын

One of the best financial decisions I have made this year was to subscribe to your channel. You really inspire me to become better in my finances and I have learnt cash stuffing because of you and it has made a difference in my life. Thank you

@JennNxumalo 7 ай бұрын

Thank you so much Boitumelo, I appreciate that ❤️💐

@mamakariba 7 ай бұрын

First here. It was great seeing you today I laughed when u told the lady that time bank charges are low and I thought to myself it's in her blood😂😂😂😂😂

@JennNxumalo 7 ай бұрын

It was nice meeting you hun 🥰, any chance I get to talk about money I take it 😅

@siziwethela6705 2 ай бұрын

Thank you thank you Jenn! Absolute wisdom and discipline right there! Am gonna play this video over nd over,listening to u nd Dave Ramsey will help me get out of revolving debt!

@charlotte.mahlangu626 7 ай бұрын

The way this video gave me hope is out of this world. After watching it all seem very much possible and not overwhelming anymore, I am so ready to win hey and I've already started changing my lifestyle 😢😊

@JennNxumalo 7 ай бұрын

I am so glad to hear that sis’wami, debt can be overwhelming until you create a plan to tackle it. One debt at a time.

@nomalephoto384 7 ай бұрын

Jenn is soo strict but I love it, It shows your passion and compassion that you want all of us to win.❤ also maybe can we hear more about education fund, what's better and how much minimum can one put towards that fund for our kids

@JennNxumalo 7 ай бұрын

😅🤩🥰 I am very passionate about personal finances indeed. I created a video on how I am investing for my child using Franc this year. But maybe I will do an updated one in 2024.

@siphiwekhumalo2307 7 ай бұрын

Jen, thank you for sharing the plan, and discipline. I will do that this weekend, because debt is slavery , life become stagnant and one will be frustrated. ❤❤

@JennNxumalo 7 ай бұрын

Debt has that ability of holding us back, the sooner we can het rid of it the better 🙌🏿🥰

@Mr_V974 7 ай бұрын

😂😂 thank you for this,I can't wait to watch it when I get home. This year I want to start by doing some damage to my debts 😂😂.

@JennNxumalo 7 ай бұрын

I like the part about doing damage of the debt. Please clarify that part you keep asking about subtitles.

@Mr_V974 7 ай бұрын

😊 it's info you can have under the main title like; 1. Decide which debt you'll pay off first 2. Roll funds from one debt to the next 3......and so forth. I hope can see it. What you say is very important and for me I slacked when I paid up one debt, I ended up getting astray and I lost the momentum. Having the points to be discussed it makes it easier for me. I think also the other guys feel like that. I can screenshot the presentation for future reference on the go, I also don't have time to write things down but can always check my screenshots😊. Thanks sisi

@idanilumadi 3 ай бұрын

Thanks for your wisdom ma'am willing to get to financial freedom badly🙏🙏🙏...

@TshidiLG 26 күн бұрын

Thank you

@JennNxumalo 17 күн бұрын

You're welcome

@ChristinaJuly 7 ай бұрын

Yho Jen, mina i've paid off all my store cards using your tips and i have a revolving credit left, that one im struggling with because i pay then im tempted to spend some of the money in the month which sets me back again and they refuse to reduce the credit as i pay it off. I know the only way ill kill it is if i just pay the whole lump sum and just close it coz now im taking 2 steps forward, 1 step back. 🤣

@Mr_V974 7 ай бұрын

Yho my sister that's me right now with my revolving credit. Those one iyandinyanyisa just to see how much goes to interest and peanuts to paid amounts. I just want to pay a huge amount towards it and start paying it rapidly before end of this year, otherwise my salary is for the banks 😂😂. Good luck on your endeavours for financial freedom, let's start with these small steps to us far 👏🏾😊

@JennNxumalo 7 ай бұрын

Do what I did, save up for it and once you have accumulated the money then pay into it and close it. I don’t understand why the banks give out revolving credit cards or loans it just goes to show how much they want to trap us.

@JennNxumalo 7 ай бұрын

That is me when I see my home loan kuvele kuthi angihayize aybo, the peanuts that go into the principal amount 😭😭😭

@ChristinaJuly 7 ай бұрын

@@Mr_V974 Amen, we will overcome this debt trap, we will reach financial freedom by force 🤣

@ChristinaJuly 7 ай бұрын

@@JennNxumalo Will give it a go. June 2024 ill have it closed!!

@cloriamerline9382 7 ай бұрын

Taking notes 📝 !!

@JennNxumalo 7 ай бұрын

Love it 🥰

@keneilwemolefe9425 7 ай бұрын

Hi Jenn ❤Thank you again for videos - just closed 1 account will take that money and move it to the next one 🎉🎉🎉

@JennNxumalo 7 ай бұрын

Yesssssss, I love that and congratulations on closing that account 🙌🏿🥰

@sthandokuhlekhumalo7509 7 ай бұрын

Thank you so much Jenn🙏 I feel like I know where to start now.

@JennNxumalo 7 ай бұрын

I'm so glad to hear that 🥰🙌🏿

@nhlanhlamotau4101 7 ай бұрын

Oh thank you so much Jenn, I got my Excel debt payout plan and I followed all the instructions on the PDF, and restructured accordingly. I'm happy with the outcome and ready for action😍😍😍

@JennNxumalo 7 ай бұрын

Ohhhh wow Nhlanhla, I am super happy and excited for your finances 🥰❤️🙌🏿

@tshegoliphuko9715 7 ай бұрын

Very useful video, thank you so much 🔥👏🏽

@JennNxumalo 7 ай бұрын

Thank you too 🥰

@kekeranyamatsane9495 7 ай бұрын

Thank you for these pearls of wisdom..am starting right away..Thank you 😘

@JennNxumalo 7 ай бұрын

You are so welcome 🤗

@l0ve127 7 ай бұрын

Thanks for these videos they keep me accountable.

@JennNxumalo 7 ай бұрын

I'm so glad to hear that 🙌🏿

@tholakelempofu5039 7 ай бұрын

Thank you cc

@JennNxumalo 7 ай бұрын

You're welcome 😊

@user-eu4bd5yk7x 7 ай бұрын

Yhoo my sister ,thanks God for providing us with you. I really love you. ❤

@JennNxumalo 7 ай бұрын

I find so much fulfilment knowing I am positively impacting on someone’s life 🥰

@thembiemelina3917 29 күн бұрын

Where do we allocate the advance payment? Is under term or under capital and can you explain more on both .

@thembisilemahlangu5084 7 ай бұрын

Hey deary 🥰 Another good one 💯. Sacrifice and Commitment 👍. Sbonge 🙏

@JennNxumalo 7 ай бұрын

Yes indeed 🥰🙌🏿

@vuyisilemodise9470 7 ай бұрын

Kodwa Jen, thank you for sharing all this information sisi. 🎉❤

@JennNxumalo 7 ай бұрын

I enjoy talking about money 🥰❤️

@ElsieBaloyi-sq8xd 7 ай бұрын

❤️❤️

@JennNxumalo 7 ай бұрын

I see you 🥰❤️

@Kabelo737 7 ай бұрын

❤

@JennNxumalo 7 ай бұрын

❤️💐🥰

@napemogotsi9910 7 ай бұрын

Please advise if I put 500 into my car installment do I need to to tell the financing bank to allocate to the balloon payment or just add it will automatically reduce the balloon payment

@JennNxumalo 7 ай бұрын

You can not make any payments into balloon until you are done paying for the first part of your debt. Once that is done they will refinance the amount on your balloon assuming you don’t pay it cash, then and only then can you start making repayments on it.