Percentage Thinking: Your Route to Paying Off Debt Faster

pay off debt faster with percentage thinking

Being in debt sucks. Being in debt really sucks when you look around and see all of the inspirational stories about people who have paid off $100,000+ in less than five years. If you’re starting to feel discouraged because you don’t have a high-paying job, or if you feel like you’re drowning in debt and don’t know how to get out, this post about “how to pay debt off faster with percentage thinking” is for you.

How to Pay Debt Off Faster With Percentage Thinking

This post was written by our talented staff writer, Kimberly Studdard.

The truth is, you don’t need a 6-figure job or the ability to move in with your parents in order to pay off debt. In fact, I was able to pay off $20,000 in three years, even though I was…

renting in a higher cost area, had a child, and was making way less than $50,000 a year.

How did my family do it? We used percentage thinking. And here’s how you can pay debt off faster with percentage thinking too!

What is Percentage Thinking?

Percentage thinking is when you try to improve your . . . → Read More: Percentage Thinking: Your Route to Paying Off Debt Faster

50+ Practical Ways to Pay Off Debt Faster [Free Tools Included!]

pay off debt faster

Laura Harris is a fascinating person with an even more fascinating story – debt free by 25, a stay-at-home mom on a super low income, and a self-made success in the freelance writing industry… When she came to me with the idea of writing this post, there was absolutely no way I was going to pass her up. Practical ways to pay off debt faster? Uhhhh, yes please. This is a topic that we’re all craving, and given the quality of the content below, I wouldn’t be at all shocked if this post is soon read by thousands (maybe even hundreds-of thousands) of people.

In 2012, my husband and I became debt-free. What we thought would take seven years only took two. We were shocked. It wasn’t because we made more than the average family. We learned if we wanted more freedom, we had to find as many ways as we could to pay off debt faster.

The journey lit a fire within me. As a result, I became a financial coach in 2015, equipping other families with the same tools that helped my family achieve what felt impossible.

Now . . . → Read More: 50+ Practical Ways to Pay Off Debt Faster [Free Tools Included!]