Twice in Debt: Michelle's Rollercoaster Credit Card Journey
I'm a financial educator and I was in debt while I was teaching people how to get out of debt. Does that make me any less of a financial educator?
Credit card debt can feel like a never-ending cycle, and Michelle Lambright Black knows this all too well. Known as 'The Credit Writer', Michelle has faced the highs and lows of credit card debt not once, but twice, while teaching others about building credit. In this episode of Hard Money Talks, hosted by Lauren Greutman, Michelle opens up about her financial rollercoaster and the lessons she's learned along the way.
Michelle candidly shares how she and her husband tackled their debt using balance transfer credit cards and various side hustles. She emphasizes the importance of budgeting and being honest with oneself about financial situations. Even as a financial educator, Michelle admits to feeling shame and making mistakes, but she also highlights the strategies that helped her bounce back. Lauren and Michelle's conversation offers a mix of practical advice and heartfelt encouragement.
They delve into the psychological aspects of financial struggles, reminding listeners that even experts can stumble. This episode is packed with valuable insights for anyone grappling with credit card debt, offering hope and actionable tips to help you regain control of your finances.