Denise did keep up with her payments, paying at least the minimum due on her credit cards each month.
“I’m not a financial guru; I’m just an average person who had the courage to make a change.” “If people are willing to take a hard look at themselves and their habits, they can make a change too, regardless of their economic level,” says Denise. They just have to face themselves.” Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life.We sometimes earn a sales commission or advertising fee when recommending various products and services to you.“It occurred to me, do I really want to be writing checks to companies for months? ” Feeling inspired, Denise decided to change her own life.And knew she had to get rid of the debt as quickly as possible.But when she looked at her remaining balances, she realized it would take her six more months of diligent payments to wipe it all out.
While she had been paying off debt, Denise had also been building up a savings account.
And their often blunt advice and expertise were great motivators in changing Denise’s financial direction.
“I heard Suze say, ‘wipe out your debt as soon as possible, then you can save more,’ and that resonated with me,” Denise says.
Denise also looked at her grocery bill and realized that she, like many Americans, was wasting a lot of food and buying things when she had food in the pantry.
She began cooking more with ingredients from the back of the cabinet, which helped reduce her grocery costs. “I had a cable package with channels I never watched, and I realized that was silly.
As a single mom working to make ends meet, Denise often had to use credit cards to fill the gap when an emergency would pop up.