We welcome Bernadette Joy Maulion, who was once had $300,000 in debt, due to student loans, mortgages, car loans, and credit cards. She was able to pay off all of her owed money in just 3 years and is sharing how others can do it with her CRUSH method.
She says her method is not a "one-size fits all" approach and can be applied to a variety of financial situations. Her CRUSH method includes:
Cultivate a new money mindset: She says instead of dwelling on the negative aspects of money to shift your focus to a positive relationship towards finances.
Reverse engineer your life goals: Bernadette says to work backward on debt and address small elements of it first until the debt becomes more reasonable and manageable.
Use your resources efficiently: She says this applies to money and also your time and energy. She cautions against working too many extra hours in an attempt to pay off debt and notes balance is vital in order to sustain and reach your goals.
Spend on what you love: Bernadette feels you should "spend unapologetically" on things you love while also paying off debt and she urges people to not feel bad about using their resources on the things that bring them joy.
Hustle hustle hustle: She says multiple streams of income are needed if you are going to crush debt.