How to get out of $96,000 of debt... including student loans & credit card debt

In this video I share an intro on how to get out of debt without following a rigid, conventional-thinking system. By using out-of-box thinking and focusing on principles, I think you can tackle debt in a more effective and healthy manner. The debt breakdown of the example in this video is: auto loan - $24,000 student loans - $35 + $7k credit card debt - $14,000 401k loan - $20,000 Example of rigid, conventional thinking: 1. Written budget every month 2. Sell everything in sight 3. Work all the time (2-3 extra jobs, both couple), no eating out, no vacations. Contrast that with principle-based thinking: 1) Embrace minimalism - reduce desires/wants, lower spending as a result 2) Make war on debt. This will trigger lots of ideas. 3) Use Wisdom and creativity to build income. Please share this video with others on Reddit, Facebook groups, and forums. Disclaimer: All content on this channel is for informational and educational purposes only and should not be construed as professional financial advice. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of information on this channel.

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