AI Snips
Chapters
Transcript
Episode notes
Sell Home to Regain Control
- When facing expensive home repairs during bankruptcy, consider selling your home to gain monthly margin.
- Live in a smaller rental to regain financial control and build savings before repurchasing.
Use HYSA for Emergency Fund
- Keep your emergency fund in a high-yield savings even if it lacks direct debit access.
- Emergencies rarely require instant cash; transfers within a day or two are usually sufficient.
Stick to Debt Snowball Order
- Stick to the debt snowball order even if tempting to pay off large loans early.
- Building consistency by following the plan muscle helps long-term debt payoff success.