Paying of Debt blogging

Paying Off Debt Through Blogging

In 2017, the author and her husband Kevin paid off all of their consumer debt, which provided immense relief[1]. However, their financial troubles returned a few years later when Kevin had to quit working to care for his sick parents with Alzheimer's[1]. The COVID-19 pandemic also took a toll, forcing them to use credit cards to keep their business afloat[1].

To make matters worse, the couple opened a new shop last summer and had to rely on credit cards again to fund it[1]. Feeling overwhelmed by their growing debt, they made a mistake - taking out a loan to consolidate the credit card balances[1]. While this seemed like a good idea at the time, as it would allow them to pay off the debt in 5 years instead of decades, they failed to adjust their spending habits[1].

As a result, the author and Kevin found themselves in an even worse situation - with a large loan payment each month *and* lingering credit card debt[1]. The author admits this is embarrassing and makes her feel like a failure[1]. However, she is determined to take control of the situation and pay off the debt once and for all.

To achieve this goal, the author has decided to blog every day until the debt is paid off[1]. She believes that by holding herself publicly accountable through her writing, she will be more motivated to stick to a strict budget and make extra payments[1]. The blog will document her journey, including the challenges, setbacks, and small victories along the way[1].

The author's plan is to apply any extra money she earns from blogging directly to the debt[1]. This could come from advertising revenue, affiliate marketing, or even donations from readers who are inspired by her story[1]. She is also open to taking on additional freelance work or a part-time job to boost her income[1].

In addition to increasing her earnings, the author will focus on reducing expenses[1]. This may involve making sacrifices, such as cutting back on dining out, entertainment, and non-essential purchases[1]. She is also considering selling some possessions that she no longer needs or uses regularly[1].

The author acknowledges that paying off a significant amount of debt will not happen overnight[1]. It will require discipline, perseverance, and a willingness to make tough choices[1]. However, she is determined to do whatever it takes to become debt-free once again and regain the financial freedom she and Kevin experienced in 2017[1].

By sharing her story through her blog, the author hopes to inspire others who are struggling with debt[1]. She wants to show that it is possible to overcome even the most daunting financial obstacles with a solid plan and a commitment to making positive changes[1]. The author believes that by being open and honest about her journey, she can help others avoid the mistakes she made and achieve their own debt-free goals[1].