Debt Jumped $769—Is Debt Consolidation My Next Move?

29 Aug 2025 • 11 min • EN
11 min
00:00
11:45
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Send us a text In this Road to Wealth update, I’m keeping it 100 about a tough month: my total debt went up by $769.76 since my last check-in, bringing me to $49,416.12 across personal and business cards. I break down exactly where the balances sit today and why interest ate my progress. I also walk through a real option I’m considering: a debt management program with Money Management International (MMI) that would drop my monthly payments from $1,590 to $1,214 in month one and $1,144 after—about $446/monthback in my pocket. I talk through the trade-offs, like closing my cards (goodbye points and Marriott status… for now), but also slashing interest so more money actually hits principal. You’ll hear my due-diligence process, the difference between consolidation loans vs. programs, how payments would be routed, and why I set a follow-up for August 15 before deciding. If you’re in the trenches with credit cards, this episode gives you the numbers, the pros/cons, and the mindset I’m using to dig out—skills over status, progress over pride, and facts over feelings. Support the show HOW TO SUPPORT THE WALK 2 WEALTH PODCAST: 1. Subscribe, Rate, & Review us on Apple Podcasts, Spotify, YouTube, or your favorite podcast platform. 2. Share Episodes with your family, friends, and co-workers. 3. Whether you"re just starting your business or your business is established, ChatGPT can help you take your business to the next level. Get Instant Access To My List of Top 10 ChatGPT Prompts To Save You Time, Energy, & Money: HTTPS://WWW.STOPANDSTARE.MEDIA/AI

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