Inspired Budget

#155: From $600K Inheritance to $220K Debt: Haley & Justin's Debt-Free Journey

Haley and Justin inherited $600,000 but ended up blowing through the money and accumulating $220,000 of debt. They share their journey of lifestyle inflation, realizing the extent of their debt, and taking steps to address it. 

You Will Learn:

  • Why inheriting a large sum of money at a young age can be overwhelming and lead to lifestyle inflation.
  • How to have open communication about money with family members.
  • Why creating a budget and tracking expenses is crucial to gaining control over spending habits.

Check out Haley and Justin's Podcast Price of Avocado Toast

You Might Like:

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  • Get the Budget My Paycheck Spreadsheet.
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  • Check out Inspired Budget's blog.
  • Take my FREE class on How to Budget to Build Wealth!