How my friend managed to repay about $15,000 debt in less than 2 years

Hi,
Thought of sharing this inspiring story with you.

My friend Jeyta was struggling with her credit card debts. She used her credit cards every now and then and didn’t pay much heed to pay them off. So, the day she found out that she’s landed into debt problems, it was already $15,000, which she had to pay off.
I was with her when she was struggling to repay debt. So, I thought of narrating it so that if you’re facing the problem, it could be some help to you.

She decided to pay it off herself.

She opened an Excel doc and listed her debts with specific information. Next she tried to plan a budget so that she can save a substantial amount . What she did was set aside that amount from her paycheck and managed her necessities with the remaining amount. After making the minimum payments in 5 of her credit cards, she selected 1 account to repay first. The first one was the one with the highest interest rate, 18%. The next one was a debt with relatively small outstanding balance, $2500.

When she was paying back debts, i found that sometimes she lacked motivation, that is why we friends were for. We didn;t entice her to go shopping; instead, we opted a healthy habit. We used to go walking and running almost every morning. Also, we took cycling when the weather was good.

I can say that since we were were with Jeyta in her debt payoff journey, it also helps us to manage our finances well. She was able to repay debt in less than 2 years. Now, she’s trying to add positive information in her credit reports. She is using credit cards. But this to add positive information. She is paying bills every month.

So, isn’t her story inspiring? We can repay debt if we set it as a goal…