The His and Her Money Show How The Velocity Banking Method Helped This Couple Pay Off Debt
The debt-free story of James and Cathy isn’t your typical “we saved money and hustled to get out of debt “ story.
It’s a bit more complicated than that.
It’s also a debt-busting strategy that isn’t for the weak.
After paying off close to $60,000 in loans, credit cards, and student loans, they switched to a high-paying strategy known as the Velocity Banking to pay off their house early.
Tune in if you are looking for a non-traditional way to pay off debt along with the practical steps you need to make sure you stay on the “paid” side of credit.
Cathy St. Louis is a Mom and blogger who works from home and blogs about simplicity and a debt-free lifestyle. You can follow her and James’ journey on their website and Instagram.
WHAT YOU WILL LEARN
- What caused James and Cathy to make the shift to debt crushers
- Why Catchy and James decided to trade in a car to save on expenses and continue their debt journey
- How to manage debt when one partner is a big spender
- Why ego is a big part of the issue with overspender
- Getting a good deal on your car trade-in
- Building a sales cushion while paying off debt
- Using bigger sums of money (like a bonus or tax refund) to pay off debt
- Cathy and James’ unique strategy of using the HELOC to pay off a debt off fast
- Why James and Cathy chose to use the Velocity Banking method in the first place
- How they invested in Velocity Banking without getting
RESOURCES MENTIONED
THANKS FOR LISTENING!
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