So Money episode 580. How to pay off six figures in debt in two years with John Capitanias.

You're listening to So Money, with award-winning Money Guru Farnu Farnou Chlorabi. Each each day get a 30 minute dose of

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Welcome to So Money. your assassin. He's paid off over $90,000 in student loans, plus another 10,000 in credit card debt in just 24 months.

The total damage was $111,334.33 cents.

You know, we don't cover debt as much as we do other topics

on this show, like earning money, saving, retiring early,

but the fact is many people are saddled with student loans as well as

credit card debt.

You struggle to make the right trade-offs, you're discouraged by the totality of the debt,

not sure you'll ever really see an end to it.

So our guest today is John Capitanias and he's here to offer us not just inspiration, but

his own action plan for eliminating the debt in a short period of time. By day and probably by night because

journalists don't sleep. He is a producer and writer for ABC News covering all sorts of human interest stories and now he's here sharing his own

courageous story of becoming financially free.

Just a few of the highlights from our conversation, John talks about his self-audit and how it gave him a wake-up call to change his

financial life, how to create a comprehensive payoff system that turns debt from being a burden to

a target. And the secret to getting out of debt quickly.

John has a theory.

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