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13. Client Spotlight: Helping Allison Go From Drowning in Interest Fees to on Her Way to Debt-Free
Episode 1314th August 2023 • Freelancing Your Way to Financial Freedom • Megan Mendez
00:00:00 00:26:58

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In today's episode, we have a client spotlight featuring Allison Nitsch, who went from drowning in interest fees to being well on her way to becoming debt-free. Allison shares her inspiring journey of conquering debt and taking control of her finances after our 1:1 coaching call together.

Join us as we dive into Allison's financial transformation. From researching financial statements to tackling income, bills, and debt, Allison sought guidance on how to navigate her financial challenges. When we met, she had the dilemma of having extremely large interest fees, and wanted to know whether to use her tax return to pay off debt or put it into savings.

Discover how Allison made strategic financial moves, such as opening a 0% interest credit card and doing a balance transfer to diligently working on paying off the debt.

In this episode we share:

  • The importance of overcoming negative financial cycles
  • Being prepared for unexpected expenses
  • Building a financial cushion to avoid relying on credit cards during emergencies
  • The significance of setting financial goals and making mindful purchasing decisions
  • Asking for help!!

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