In this episode Katelyn and I discuss figuring your debt to income ratio (see calculators below) and two ways to pay off debt. The first is the Debt Snowball (created by Dave Ramsey) and the second is the Debt Avalanche. I believe the most reliable way to eliminate debt is to avoid spending beyond your means, and paying your bills in full and on time each month. Discipline is exchanging short term pleasure for long term respect. Good Luck getting debt free!!
https://www.bankrate.com/mortgages/ratio-debt-calculator/
https://www.nerdwallet.com/article/loans/personal-loans/calculate-debt-income-ratio
