5 Ways To Pay Off Debt Quicker

 We can all agree that being in debt sucks. It’s like carrying around a financial backpack full of bricks. If you’re tired of feeling like you’re throwing money at minimum payments and getting nowhere, this video is for you. We’re going to discuss 5 simple but powerful strategies to get out of debt faster without working 100 hours a week. That’s without living off beans and rice, unless you like rice and beans. My mom was from Brazil, we make a dish called feijoada and I make it for me and my son. It’s delish. 

Here are 5 powerful ways to crush debt faster—without feeling overwhelmed or deprived: 

1️. The Fierce Rich Money Method (Prioritize the Biggest Minimum Payment First) 

• Instead of the debt snowball (smallest first) or avalanche (highest interest first), tackle the debt with the largest minimum payment first. 

• Why? It frees up the most cash flow the fastest, making it easier to pay off the rest. 

• Example: If you have a $200 minimum payment on a loan, paying it off first gives you a huge chunk of money to roll into the next debt. 

2️. Increase Your Payments (Even by $10!) 

• Even a small increase in payments can shave months or years off your debt. 

• Example: If your credit card payment is $50, bump it to $60 or $75—it makes a huge difference over time. 

• Bonus: Round up payments (e.g., pay $105 instead of $98). You won’t notice the extra, but your debt will! 

3️. Use Windfalls & “Found Money” 

• Tax refunds, bonuses, side hustle income—put these straight toward debt instead of spending them. 

• Example: If you get a $500 tax refund, putting it toward debt could save you hundreds in interest over time. 

• Tip: Even selling old stuff can add up, as long as you price it right! 😉, I got a video on that. 

4️. Cut the Interest, Not Just the Debt 

• Negotiate lower interest rates on credit cards or refinance high-interest loans. 

• Transfer balances to a 0% interest card (but only if you pay it off before the promo period ends). 

• Example: A $5,000 credit card at 20% interest costs way more overtime than at 0%. Cutting interest = paying debt faster. 

5️. Find an Extra $100 a Month (Without Feeling It) 

• Look at subscription services, takeout, impulse spending, or even utility bills—there’s often an easy $100 to redirect toward debt. 

• Example: Cancel just one $15/month service and put that $15 toward debt instead. 

• Side hustle tip: Even one extra gig per month (UberEats, freelancing, selling something) can accelerate your debt payoff. 

🔥 Bottom Line: The faster you pay off debt, the less you pay in interest—meaning more money for YOU instead of the banks. 

Which of these tips do you like best? Or do you want me to expand on one? 😊 

Remember money is just about paying off debt, it’s a tool to live a life you love. Eva