GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Marcell graduated college in 2008 with $40,000 worth of debt and was making $30,000 a year.
My loans felt suffocating and I was completely overwhelmed by money, she said.
It was only when Marcell hit this financial rock bottom that she knew she needed to change.
Here are themoney moves she made that had the biggest impact.
You need a strategy for getting out of debt, Marcell said.
Marcell also advises creating savings buckets to prepare for one-off expenses.
Have a Plan for Every Dollar
Marcell recommends creating a budget that gives every dollar a job.
when you obtain a plan in place, automate it.
She also used a debit card so there was a hard limit on her spending.
Own your numbers, Marcell said.
Advocate for Yourself at Work
Its easier to reach your financial goals if you increase your income.
This means advocating for yourself at work to advance your career.
Stay the Course
Remaining disciplined can be tough, but always keep your end goal in mind.
Marcells current why is achieving financial freedom.
It isnt easy but it is simple.
More From GOBankingRates
Share This Article:
