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Hi everyone, I’m excited to share this with you all! Today’s post features an interview I did recently with Scott from Making Momentum, as part of his Momentum series.
The Momentum series is an interview series that Scott uses to share the stories of bloggers from across the personal finance community. In his own words:
“The goal is to showcase their story, the wins, the losses and the actionable advice that others can take value from and insights about their blogging journey. Whether that be conquering debt, maximizing career earnings, the road to financial independence or other strategies for financial and blogging success.”
It’s a series that I’ve enjoyed reading, and I’m honored to have my story featured!
Scott and I covered my debt freedom story, goal setting, my experiences with blogging, and more. Below is a short excerpt from the post:
What strategies helped create the most success with conquering that debt?
The biggest key was making our debt payoff be our biggest focus. We were highly motivated to do whatever it took to pay off the debt as quickly as possible.
For us these steps included building up an emergency fund, tracking our spending closely with Mint, cutting back on various expenses (including restaurants, switching car insurance, switching cellphone providers, and cutting cable), side hustling, setting up automatic payments a few times per month, and celebrating the small wins.
It was a true team effort and it was hard to be patient sometimes, but we made it!
How are you using goal setting in your own financial journey? What tactics have been the most influential for you and your wife?
Goal setting has been huge for us in helping give us direction in where we want to go. Dave Ramsey’s Baby Steps helped us in getting started and now we continue to make goals.
Our focus is on making consistent progress over time, and celebrating the small wins along the way. We’ve accomplished a number of goals so far on our journey, including creating a monthly budget that works for us, establishing an emergency fund, paying off our student loans, paying off our car loan, and investing monthly. When you have a clear picture of what you’re working towards it’s much easier to stay motivated along your financial journey.
Our future goals include traveling to various places, maxing out our retirement accounts, buying and renting out a duplex, and reaching financial independence.
Click here to read the full interview, and be sure to let me know what you think by leaving a comment. Big thanks to Scott for featuring me in his Momentum Series and I hope you gain value from it!
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