What Happens When You Owe $60,000 on Credit Cards?

She blames the poor public school system in America for her $40,000 of credit card debt. Is she right to blame the schools or is it time for personal accountability?

In today's video, Matthew Pillmore, president of VIP Financial Education, reacts to some shocking credit card debt stories.

From the woman who got into and out of $60,000 of credit card debt, to the 28-year-old reeling from her bad choices with credit cards...we dig into some of the wildest debt stories we've found on Tik Tok.

These are real people going through real issues. What is the best course of action for each scenario? Matthew details his perspective on each one.

Can these folks get out of their massive credit card debt?

Timestamps:
0:00 - 28 with 40k CC Debt
2:28 - Schools Have Failed Us
6:40 - Comments
8:03 - Getting Out of 60k CC Debt
9:55 - Harsh Reality of Credit Card Debt
13:52 - $3,500 a month in MINIMUMS
14:24 - Debt Free
15:19 - Conclusion

Videos to watch after this one:

How To Budget Your Money Like A Millionaire!
► https://www.youtube.com/watch?v=cjaq4gzD2K4

Get your FREE Cash Flow Cruncher budgeting spreadsheet here:
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It's way more than just a budgeting spreadsheet! Manage your finances completely and easily with the Cash Flow Cruncher, our gift to you just for being a viewer of the channel!

HELOCS Can Make You Rich! (Why I Love Home Equity Lines of Credit)
► https://www.youtube.com/watch?v=NxKzaLEQCpQ

How To Get Unstuck Financially & Live A More Abundant Life
► https://www.youtube.com/watch?v=wTqQJLkjqfA&list=PLN2grBK2mxu5sqVh4AUTX6bmTjJJCTrHf&pp=gAQB

Get one-on-one coaching with Matthew Pillmore:
► http://www.FreeCoachingCalendar.com


Getting into Real Estate? Check out the Real Estate Investment Analysis Worksheet, a FREE resource that helps you calculate whether or not a property will be a money-making machine for you!
► http://www.investmentanalysisworksheet.com

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