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$30k Paid Off In 11 Months To FI Conference Creator

Pretty much everyone knows that paying off debt is not an easy task. It takes conviction, a strong "why", a plan, a budget and LOTS of encouragement. And as a coach, I've seen that one of the best ways for our students to stay motivated is to hear other people's stories, listen to their struggles and live vicariously through their wins.

This is the whole reason I started this "Journey To Debt-Freedom" series. I wanted to curate a reservoir of personal stories that will help you "find your own story" and keep marching forward toward your personal finance goals and ultimately to debt-freedom and beyond. 

Along those lines, if you have a "debt-free" or "on-my-way-to debt-free" story, I'd love to share yours with our audience. It's always such a gift to our subscribers and fans to hear your particular story AND will help you, especially if you have a a blog/platform/YouTube channel you want to promote (although that's not at all necessary).

Next up in our "Journey To Debt-Freedom" series, meet Diania!

 

Introduce yourself, Diania.

I'm Diania Merriam, the founder of The EconoMe Conference, an event centered around financial independence, also known as the "Ted Talks" of the FIRE movement.

I'm also the host of the popular podcast Optimal Finance Daily where I narrates articles from the best personal finance blogs on the planet.

After getting out of $30k of debt in 11 months, I used my newfound financial freedom to negotiate a remote working arrangement with my employer, take a 2 month sabbatical to walk 500 miles across northern Spain on the Camino de Santiago, buy a house and launch my own business.

 

Give me a little bit of background about your financial situation and your decision to "tackle it". Tell me about how much debt you've paid off so far and in how much time. What is your debt made up of?

I paid off $30k in 11 months. Half credit cards, half student loan debt.

 

Looking for a way to get started on your own debt-free journey? Check out my: 

 “Debt-Elimination Quick-Start Guide”. This free resource will have ALL the tools, forms and printables you’ll need while moving through this 30 day challenge.

 

 

What was "the moment" you decided, "enough is enough" and what actions did you take or resources did you use to get the process started?

I discovered Mr. Money Mustache and did a complete 180- started cooking all my meals, going out much less, and throwing as much money as possible at my debt.

 

Looking for a ways to live more frugally and address your debt? Check out my: 100 Frugal Ways To Save Money And Get Out Of Debt.

 

What was your "why"? What kept you going when you wanted to quit? How did you stay motivated?

I wanted to walk the Camino for my 30th birthday.

 

Describe your "belief system" about money and (if/how) has it changed? Maybe even talk about how you were brought up to think about money and how that changed as you progressed through the process.

I used to think increasing my income was the answer, I learned what I really needed was good money management I also used to think decreasing expenses would feel like deprivation, but

I discovered a lot of satisfaction in being creative and resourceful. I also had to develop a deep appreciation for what I already have, to combat our consumerist conditioning to always want more

 

What have been the biggest/toughest sacrifices you've made in your personal finance/debt-elimination process?

Made my own laundry detergent, stopped wearing make up, stopped buying clothing and wore only hand me downs from friends.

 

Describe how it feels to be debt-free. 

Becoming debt free was my favorite part of my money journey- here is a video that was made the day I got out of debt describing how it felt: https://youtu.be/cff2lY2hgew

 

This “$1000 In 30 Days Challenge and Resource Pack” is designed to help you find, cut and/or earn $1000 inside of 30 days so that you can: pay off debt with it, save it or invest it.

Here's the free downloadable/printable PDF.

 

What are some pieces of advice you would give to someone who's ready to get serious about tackling their finances?

Let your curiosity be bigger than your fear. Fixing our finances is largely about building awareness about where our money is going vs wondering where it went. But you have to have the courage to look at it honestly

Where can we find you (website, social media, etc.)?

www.economeconference.com

 

Call To Action

Now that you've heard Diania'sstory, maybe you're ready to take a closer look at a "framework" to start your own "journey to debt freedom". And, if you’ve hung out on this platform for any length of time, you’ll know I’m all about helping you to take action. And here are two very easy next steps to keep you moving in the right direction:

  1. Download our free PDF guide that goes along with this series: “Debt-Elimination Quick-Start Guide”. This has a very comprehensive and dedicated video on establishing your “why”.
  2. Head over to YouTube and start with the “Day 0” video. You can totally binge-watch the whole series if you want. That “first pass” will give you an idea of where you are and what it’s going to take for you to get to the next level with your own personal situation. And again, starting with your “why” is the absolute most important step.

I want for you to capitalize on any and all emotional momentum you’ve gotten from this piece of content by committing two just getting started by completing those two actions I mentioned above. If you’ve done that, congratulations, you’ve started! Now just follow the breadcrumbs and please let me know what’s helpful and what you might need more detail around.

 

Struggling Or Feeling Alone?

Join Our Private FB Group: Zero Debt Tribe

Now, if this decision process is something you struggle with and you constantly feel isolated about, I’ve got some great news for you and it’s free.

Our private Facebook group, ZeroDebtTribe. It’s a group of like minded people that are all somewhere along this P2P/debt-elimination/on their way to FI continuum. So click the image above and apply to join us. :)

 

Call To Action 

So, we’re all about taking action around here, so I wanted to offer you this free little resource that will help you get your finances organized an on track in less than 4 hours. It’s called our “Debt-Elimination Quick-Start Guide” and the link is in the video description below.

Looking for a way to get started on your own debt-free journey? Check out my: 

 “Debt-Elimination Quick-Start Guide”. This free resource will have ALL the tools, forms and printables you’ll need while moving through this 30 day challenge.

 

  

How can ZeroDebtCoach help you? 4 ways...

 

1. Subscribe to our YouTube channel and click the notifications bell to make sure you get our new videos every week. 

 

2. Download one of our free personal finance guides. You’ll learn some of the exact strategies I teach my private coaching students on how to organize and optimize their finances, obliterate debt and move on to financial independence by starting and growing online businesses.

 

3. If you’re looking for a community of motivated and like-minded people, go ahead and get on the waitlist to join our private financial coaching community. We only open it for new students a couple of times a year, so make sure to get on the waitlist.

 

 

5. If you need some help right now because you’ve got a burning issue, you need a problem solved, you want to talk through a complex situation, click on the button below.

 

 

All that said, let's keep on building your financial acumen and make this your best year yet!

Thanks so much for reading and we’ll see you in the next video post!

 

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