Debt is something that many have but don’t want. It causes financial stress and takes away from your financial freedom. But how do you eliminate debt in the military?
Neslie Ethridge understands the stress of debt. He experienced moving every two years with his young military family, racking up debt along the way. He juggled multiple bank accounts, often postdating personal checks to make ends meet. His financial choices caused Neslie and his family to live paycheck-to-paycheck. Relying on credit cards to fill the gaps when unexpected expenses and emergencies came along.
Today Neslie lives debt-free and lives off of passive income he has created. He has a passion for helping others with personal finance. He is a Master Financial Coach, accredited through Ramsey Financial Solutions.
Neslie shares advice on how you can eliminate debt and the mistakes to avoid along the way.
The Military Money Show is supported by Charles Schwab. Schwab can help you achieve better financial outcomes—saving for your future? Putting your kids through college? Being prepared for your retirement years? Schwab has the resources and solutions to help you. You can learn more at Schwab.com.
Related: How to Get Yourself Out of Debt
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If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.