@mattiegdebtfree: a hefty debt payment indeed. my husband and I are paying off $150k of debt using the avalanche method (highest to lowest interest rate). and this is month 2 of trying to pay this personal loan off in 10 months or less. and for those asking, the personal loan has nothing to do with credit card debt or consolidating other debt. I get that question a lot. the personal loan (which was originally 2 separate personal loans) were taken out for two different reasons at two separate times. maybe one day I’ll feel brave enough to talk about why 🫣❤️ a personal loan is similar to a credit card - borrowed money you must pay interest on. but unlike a credit card, a personal loan is deposited into your bank account as cash that can be used immediately. it (usually) has a fixed interest rate. and the rates can be as high as credit card interest rates (and sometimes higher). if you’re on a debt pay off journey I see you. #debtpayoff debt payoff series, combined finances, make a debt payment, making a debt payment, personal loan debt, married couple in debt, personal finance, paying off debt, high income household, one income debt payoff

Mattie G.

Open In TikTok:

Region: US

Monday 31 August 2026 17:55:58 GMT