Q&A with Michelle

Welcome to Member Money Moments – a Q&A series sharing the wisdom, struggles, success, and goals of our Happy Money Members as they navigate their journey to financial freedom.

How does money and or debt affect your mental health?

😢 Negatively

What do you find is the most difficult challenge you face when it comes to money?

💰Saving Money
💳 Managing my debt
🤑 Impulse Spending

What do you wish you knew about money growing up?

Everything. I wish someone had taught me how to use credit cards the smart way, how to build credit, how to NOT go into massive debt, and how to build wealth.

What topics would you most like to learn about when it comes to money?

💰 How to save + achieve financial freedom
🧘 Tools to assist with financial wellness & money

What is one piece of advice you would give to others on their personal finance journey?

Build your credit but do it the smart way. You have to have it to get those things in life you need/want (house, car). Save as much money as you can as early as you can.

What’s your first financial goal when you become debt free?

💰 Save more money! And stay debt free.

In what way did Happy Money assist you in your personal finance journey?

The Payoff Loan was used to consolidate the majority of my credit card debt. Since I had a fixed rate and a fixed monthly payment, I did not have to worry about extra charges or not having enough money to buy necessities.

This is my second Payoff Loan. The first one I did in 3 years and borrowed nearly $20,000. As soon as I paid off that massive credit card debt, it was like a load lifted off my back. I paid it off. Because I still had two lingering cards (I thought I could do it on my own and couldn't), I chose to get a second Payoff Loan. This one will be 24 months. I am determined to remain credit card debt-free for the rest of my life! I finally feel like I have a little freedom and can breathe easier knowing I don't have this debt piling up and hanging over me.