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Podcast 131: The $60K Project

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Today on the Consumerism Commentary Podcast, Bryan and Flexo talk with Sarah from The $60K Project about how she and her partner Mike paid off many thousands in debt in less than a year, what they learned along the way, and what they want to do now that they can afford to take some risks.

Table of contents

Consumerism Commentary Podcast[00:00] Introduction from Bryan J Busch
[00:34] Interview with Flexo and Sarah
[00:53] Living paycheck to paycheck, starting the $60K Project
[04:08] Pay off $60,000 in just ten months
[05:10] Choosing debt payoff goals
[07:04] Higher education expenses
[08:45] Emotional aspect of paying off debt
[10:48] Creating a website about paying your debt
[12:46] Switch from debt repayment to saving
[14:26] Creating a 12 step program
[15:39] Drawbacks while cutting costs
[16:12] The 12 Steps to Financial Freedom
[25:34] Financial freedom after paying off debt
[28:29] End

We always welcome feedback from listeners. If you have any comments for this episode or for any other, or if you have suggestions for future episodes, please leave us comments here or email us at podcast at this domain name.

Theme music by Mindcube.

Updated December 19, 2017 and originally published October 23, 2011.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

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avatar 1 Anonymous

Loved this episode. We run our business on these debt free principles. And, we’ve been working diligently to eliminate all debt from our personal lives.

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