Debt Free University

What is Debt?  Debt is money that is owed by the barrower to the lender. Money you owe a person or a lender. Ever gone to a hospital and received an expensive bill? That is debt. Did you carry over a balance from last month's credit card bill? That is debt. There's no such thing as good or bad debt. Some examples of debt may include: Credit Cards Car Loan Personal Loan Mortgage  Student Loans  If you have any of these, you have debt! If you want financial freedom you need to eliminate debt completely. Can you imagine getting paid on Friday and you don't have to make any of these payments. Imagine how much money you would be able to save each month living debt free. Sky is the limit when your paycheck is all yours! How to pay off debt? Paying off debt can be stressful, but it is doable. The first step to paying off debt is to: Write down all of your debts from smallest to largest. Attack the smallest debt with any extra money you have.  Make the minimum payments on th...

 Hello everyone, my name is Tiesha and I want to welcome you to my blog Debt Free University. I started this blog because I want to help others on their journey to becoming debt free. Debt can become a huge burden in our lives and cause our lives to become way more stressful than it should be. Life can already be stressful so why not eliminate situations we can control? 👌 Believe it or not debt can be controlled and eliminated completely if we change the bad habits we've already created. I too was terrible with money, and I got every credit card the company's allowed me to get. I had 17 credit cards at one point, and I thought it was cool! Debit is NOT cool.  When I added up all of credit card debt and it added up to over $10,000, I knew I had to make a change. When you’re in that much debt a huge chunk of your paycheck is going towards things you’ve already done or received, like material things. $10k was my total without personal loan, and car notes. I had $40,000 wor...