My rule of thumb is basically if you have less than $5,000 of credit card debt add an extra $50 every month to the minimum monthly payment.

However you have, like whatever you have to do to get that money.

Like hop on task rabbit and see what service of yours.

Like you could teach snowboarding lessons.

Like something that would be fun and that you could get an extra 50

bucks a month to add. If you had between five and ten thousand dollars of credit card

debt, add an extra fifty dollars to your minimum monthly payment.

And if you have over $10,000, add an extra $150.

And if you do that, you will will and you have a typical mid-teens interest rate on your credit

card debt you will compress the number of years it takes to pay off that debt dramatically. Using that formula you can

depending on the interest rate you can get all that debt paid off in three to five years. yours. I'm Sreni Rao and this is the Unmistakable Creative Podcast, where you get a window into the stories

and insights of the most innovative and creative minds who started movements, built

thriving businesses, written best-selling books, and created insanely

interesting art. For more, check out our 500 episode archive at unmistakable Creative.com.

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