Let’s be honest. Being debt-free is a big milestone. It offers you a lot of freedom to live life the way you want to – travel, buy a house, start a business, have a baby, get paid less, etc.
Having debt though is a reality that many of us face, usually multiple times in our lives. One thing’s for sure, if you’re trying to pay off debt, you’ve got to live someplace that enables you to enjoy a low-cost of living…while still having fun.
SmartAsset recently put together a survey of the best cities to live in to get out of debt. Some of the places on this list might surprise you – like Anchorage, Alaska being the #1 city to live in if you’re trying to get out of debt.
On This Podcast Episode
- We’ll chat about the statistics of having credit card debt
- Discuss my own money managing system to kick debt in the butt
- Which cities SmartAsset has uncovered to help you get out of debt
- Why it’s ok to not freak out about debt
Do you live in one of these cities listed? Hit us up on Instagram (tag @millennial_money #millennialmoneypodcast) and tell us why your city is helping you stay credit card debt-free.
Shannah Compton Game is a podcast host and CERTIFIED FINANCIAL PLANNER of the top-rated Millennial Money podcast. Millennial Money has over 6-million downloads in 164 countries. Shannah’s years of experience as a skilled Certified Financial Planner have set her on a mission to revolutionize how people think, act, and feel about their finances…and have some fun doing so.