How can we tackle our debt faster on a $125k income?

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Polarsmasher20

New Member
Hi everyone, I'm new here but I've been following for a while. My husband and I make about $125k a year, which feels like a lot, but somehow we're still struggling to make real progress on our debt. We've been trying to follow Dave Ramsey's baby steps, but honestly, it's been half-hearted, and it shows. Looking at our budget, it's clear—we've been careless with our spending. We love being social, but it's come at a cost. We're spending way too much on fun and not enough on our debt. Any encouragement or advice you can offer would mean so much. We're ready to commit fully this time. We've paid off $20k in the last year, which feels great, but we know we could be?doing so much more. The interest is really holding us back. Here's where we stand... it's a lot, and it feels overwhelming, but we're determined to push through.
 
You've paid off $20k. That's a significant achievement. Acknowledge that.

Now, decide which debt to tackle next. Focus all your energy there.

The snowball method works, but high interest loans or family debts might be more urgent. Choose what matters most.

You're doing well. Keep going!
 
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