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The His and Her Money Show

How David Bakke Paid Off $35,000 of Credit Card Debt in Under 3 Years

The His and Her Money Show

Talaat and Tai McNeely

Business, Investing

4.91.2K Ratings

🗓️ 11 August 2015

⏱️ 18 minutes

🧾️ Download transcript

Summary

According to research, the average family is weighed down with over $15,000 worth of credit card debt.

What's even more unfortunate than the amount of debt that most people are in, is the fact that too many people feel that there is nothing that they can do about it.

This couldn't be further from the truth! The truth is that you can be debt-free no matter how much debt you are currently in.

In this episode of The His & Her Money Show, we talk with David Bakke from Money Crashers. He shares his incredible story of eliminating over $35,000 worth of credit card debt. And he completed this feat in under 3 years!

Transcript

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0:00.0

Hey, it's Teller. This is the His and Her Money Show, episode 70.

0:05.4

This is the His and Her Money Show, where we talk about managing money,

0:09.8

marriage, and everything in between.

0:13.0

Now here are your hosts, Tallent and Ty Macmealy. Welcome back to another edition of the His and Her Money show brought to you by his and her money

0:26.2

Dot com. Hey ladies and gentlemen, we're so glad to be back with you once more once again

0:37.8

So hey can you do us a favor if this show has helped in anyway can you do us a small favor at the end of this show could you head on over to iTunes just take about

0:44.2

20 or 30 seconds and leave us an honest review that's the only way that we can get the

0:48.9

word out about this show that so that other people's lives can be

0:52.0

positively impacted like yours has.

0:55.0

Hey today's show is going to be great. We feature David Bakke from moneycrashers

1:00.4

and he has an awesome story of debt elimination.

1:04.0

That's right.

1:05.0

What I love so much about his story was the fact that he just started, you know?

1:10.0

It's nothing remarkable per se, was the fact that he just started.

1:15.0

He was able to eliminate $35,000 worth of debt in a matter of two and a half years.

1:20.0

And sometimes, you know, a lot of us, we may make excuses say, well, I don't make enough

1:26.4

money or I need another hustle side income in order to do this.

1:31.6

The key is and the point is just to start. So once you

1:34.6

guys listen to his story and find out some of the ways that he was able to

1:38.2

attack his debt, you two will also find out that maybe you could take some of the same tips that he uses and

1:44.5

apply to your own personal life.

1:46.1

Why don't we get David on the line and let him share his story?

...

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