Episode #21: Getting Out Of Debt

Kristine McKinley joins me again, this time to discuss getting out of debt. The first step is to “face the music” says Kristine. Because it can be overwhelming, and debt problems can bring up lots of negative feelings and emotions, people may try to ignore it. But to get out of debt, you have to get started. You have to have a plan – and stick to it!

Kristine also provides information on how to pay off debt while still saving some money (emergency fund), hot to pay off debt when money is tight, and how should paying off debt be prioritized.

Not only is Kristine is a CPA, she is an independent certified financial planner. Her site www.themoneywisecoach.com provides lots of information for planning your finances. She has also written an ebook Living Debt Free – a do it yourself guide to getting out of debt.

Other resources mentioned in this episode:

• Consumer Credit Counseling Services
• Dave Ramsey’s Financial Peace University