What To Do After Becoming Debt Free - 5 Things I did after paying off 100K in debt

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What To Do After Debt Free?
Let's break the cycle! Why Personal Finance Education Is Important | Let's Talk Money! • Let's break the cycle!...
Getting out of debt is hard but staying out of debt is the real challenge. In this video, I walk you through 5 things I did after we paid off $100,000 in debt in under 3 years. If you have ever paid off credit cards or other debts only to see them come back this is the video for you. After watching this video what to do after getting out of debt is will be the last question on your mind. Don't forget to like and subscribe.
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Пікірлер: 39

@dsstewbaby9 Жыл бұрын

I am debt free as of March 2023👏🏾👏🏾👏🏾👏🏾

@ScottCugno Жыл бұрын

Debt free and mortgage free…just got back from a 10 day vacay in Europe with 2 young kids and the wife. It was such a relief to spend and vacation without debt hanging over my head.

@tranger4579 2 жыл бұрын

When I became debt free I called in to work that day and went on a 3 day vacation being I had the weekend off. It pretty much told my employer I'm not beholden to them like I was when I was in debt.

@j.thomas763 2 жыл бұрын

Celebrating success along the way is important, too.

@gargamel3966 5 ай бұрын

Same mindset and boat as you my friend. Let’s go!!!! No debt and looking for inflation hedged income.

@nancyblessing8411 2 жыл бұрын

You are simple and articulate. Keep up the good work.

@cherylbroadenax1006 8 ай бұрын

I really like your video info.

@angelborrero4650 6 ай бұрын

You’ve help me out so much in these past couple years. So close to becoming debt free. Thank you for the inspirations and guidance. Hope to see you share another video soon ✊🏽.

@SophisticatedDogCat 2 жыл бұрын

Hitting the gym seems to be the thing to do, too. Keep up the good work and looking good, Diamond!

@jsnow6925 11 ай бұрын

Well Done. Saw my parents lose everything due to debt in 2008 when work dried up but still had all the luxury payments. Made me so adverse to debt, I never touched it again besides credit cards I pay off every month for my business.

@vavavogue4070 2 жыл бұрын

Thank you so much for sharing but I have to admit, I followed everything you said, got out of debt and backslid my friend 😩 I have to start all over again so please pray for me 🙏🏾

@DiamondEdwards 2 жыл бұрын

We should create a debt-free chips akin to AA lol. It's a journey!!! I'm here for ya. May I ask, what put back into debt and what advise would you give someone to prevent from backsliding?

@choosetoshine2610 5 ай бұрын

Pick yourself up and keep going! You got this! ❤🎉❤

@garynovak7977 2 жыл бұрын

Really outstanding video. Really, really well done. There's nothing like the feeling of being 100% debt free.

@sheltonshorter2791 11 ай бұрын

Controlling what you have I like that

@cutetoo1301 2 жыл бұрын

I love your videos Diamond 💎 Keep them coming!!!! ❤️❤️

@DiamondEdwards 2 жыл бұрын

I'm working on my next one tonight!

@christophershanklin112 2 жыл бұрын

Good to see you back

@DiamondEdwards 2 жыл бұрын

Good to be back. Thanks for rocking with me!

@lynnpatterson-cameron4903 2 жыл бұрын

Good information

@DiamondEdwards 2 жыл бұрын

Thanks

@PlatPodMediaCEOSean 2 жыл бұрын

Welcome back, my guy.

@DiamondEdwards 2 жыл бұрын

Thank you! I just have to get out of my own way.

@andrewhampton7918 2 жыл бұрын

i’m only 24 diamond but i appreciate your knowledge so much. i can’t wait to be debt free and start working toward building wealth

@Lagann0 2 жыл бұрын

You can build wealth while in debt. Just make sure you're putting money into something with better return than the debt apr + annual inflation.

@DiamondEdwards 2 жыл бұрын

Stay focused! Debt is normal in this world and if you aren't careful it can dominate your finances and life. My biggest mistake when I was 24 was thinking that more money was always the answer and always thinking of money in the short and not the long term. Get out of debt, create a plan, invest and don't get distracted! You got this!

@DiamondEdwards 2 жыл бұрын

@Noble Knight Medraut Yes you can but just be careful. Personally, I like not owing anyone anything and knowing any money I invest is for the long term. Check out the book Money Master the Game by Tony Robbins.

@Lagann0 2 жыл бұрын

@@DiamondEdwards I agree! I personally don't like to anyone anything to. But the thinking if you have debt, you cannot be wealthy is mathematically incorrect. I will be paying off my car in a few months and no further debt.

@DiamondEdwards 2 жыл бұрын

@@Lagann0 Math is not the problem, it’s risk! When we don’t include risk in our math we lose and most don’t factor in risk when signing up for debt.