EP224 Get the Hell Out of Debt with Erin Skye Kelly

There are many frightening things out there, such as spiders, snakes, etc. However, there is one thing that scares many people more than anything else: having debt. Despite this, many consumers cannot find their way out of debt due to the amount of confusing and overwhelming information available. This is where today's guest, Erin Skye Kelly, steps in. Erin is an award-winning and bestselling author who has helped thousands of people pay off millions of dollars in consumer debt. In this episode, she will be sharing her best advice so that you can finally "get the hell out of debt" too.

Listen in as Erin explains her proven 3-phase method that will help shift your relationship with money, as well as potential missteps she would warn any listener to avoid. You will learn the main issues that lead to debt, how to declutter your finances, and simple steps that will move you toward a less debt-filled life.

“Every time you screw up, it is a learning opportunity.” - Erin Skye Kelly

This Week on Young Money:

• What Erin’s day-to-day life looks like.
• How different areas of the world are handling the pandemic.
• How to avoid getting into debt.
• The main issues Erin sees that lead to debt.
• What her 3-phase method entails.
• The benefit of using a compound interest calculator.
• The importance of taking small actions every day toward your financial goals.

Key takeaways:

1. Spend less than you make.
2. Declutter your finances.
3. Surround yourself with like-minded people.
4. Be resourceful.
5. Don’t be afraid to fail.

Connect with Erin Skye Kelly:

• LinkedIn
• Website
• Instagram
• Get the Hell Out of Debt Book
• Get the Hell Out of Debt Podcast

Resources Mentioned:

• Tracey Bissett - The Money Coach for Entrepreneurs YouTube Channel

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