Have you ever found yourself with multiple debts and struggled to decide which one to pay off first? Should you focus on paying off high-interest debt, the smallest balance, or 0% interest debt? Paying off 0% interest debt first can be a dilemma for some people. While it may seem logical to pay off high-interest debt or the smallest balance first, there are situations where paying off 0% interest debt makes more sense. In this episode, Ashley will discuss when it may be beneficial to pay off 0% interest debt before high-interest debt or the smallest balance debt, and how to determine if this strategy is the right choice for your individual financial situation. Hosting Today: Hey, I’m Ashley Patrick, a personal finance expert and founder of Budgets Made Easy. I help busy moms create systems to save money and pay off debt so they can reach their big dreams faster and easier. I was able to pay off $45,000 in just 17 months including $25,000 in student loans in just 10 months. I’m a Master Financial Coach and have a bachelor's degree in psychology and will help you get to the root of your money problems. Since my journey started I have been featured on Fox Business, Yahoo! Finance, Food Network, USA TODAY, MSN, CNBC, NerdWallet, and many others. “General advice, you know, the debt snowball method, which is focusing on the smallest balance works for most people and a lot of different situations, but it's not a one size fits all. Right? And so sometimes we want to follow the rules so to speak and do things the right way, but that's not always the case because we have different situations. So it's okay to deviate from the plan to fit your situation better.” - Ashley Patrick Timestamps: 00:00 - Introduction to today's episode 01:46 - Meet Jen 05:46 - Feeling stuck and falling behind 07:21 - Paying off 0% interest debt first 10:36 - Building up an emergency fund 11:22 - Jen's 24 hour action steps 16:18 - Paying by paycheck 18:18 - Last words of wisdom If you'd like to work through your own struggle with your budget 1:1 with me, sign up for a Budget Strategy Session on The Money Mindset Podcast! Sign up at www.budgetsmadeeasy.com/strategy And if you enjoyed the podcast today and got some great takeaways, I’d really appreciate it if you followed the Money Mindset Podcast so you don’t miss out on future episodes Resources and Links Mentioned: * Money Success Club waitlist - www.budgetsmadeeasy.com/msc * Book your Budget Strategy Session here- www.budgetsmadeeasy.com/strategy Connect with Ashley: * Instagram: www.instagram.com/budgetsmadeeasy

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“What did the council decide on item 42?” — answered with the speaker and the moment.