Allison Baggerly: Paying Off $111K Debt With Two Teacher Salaries, Making Budgeting Fun, Personal Finance, Online Business Building & More I Episode 77

Welcome to the Fit Rich Life Podcast. A show all about mastering Money, Fitness & Life.

In today's special guest episode, I get to interview Allison Baggerly, who paid off $111,000 of debt in four and a half years on two teacher salaries.

Allison is the creator of Inspired Budget, an online resource to help you get your finances under control, pay off debt, save money, and build wealth.

She is also the author of the book "Money Made Easy."

Please enjoy a wide-ranging conversation with Allison Baggerly of Inspired Budget.

Connect with Allison Baggerly:

Website: https://inspiredbudget.com/

Instagram: https://www.instagram.com/inspiredbudget/

X: https://twitter.com/inspired_budget

In this episode, you will learn about:

[00:00-09:36] Allison Baggerly, the founder of Inspired Budget, who paid off $111k of debt in four and a half years on two teacher salaries.

[09:37-20:12] Staying motivated during a debt paydown journey.

[20:13-38:21] Strategies to increase income & different debt paydown strategies.

[38:22-53:46] Understanding the impact of debt consolidation on credit scores - The importance of assigning your money a purpose.

[53:47-01:2-:38] Turning passion into a successful business - Making health, money and life fun!

Key quotes:

"I never thought I would enjoy budgeting. I never thought that I would look forward to it, but I do. And I make it fun. Simple things like getting my different color highlighters and spending time to work on it. It's fun for me. So figure out what makes it fun for you." - Allison Baggerly

"I love to think of my money as always being on a mission and not sitting around just loitering and getting into trouble." - Justin David Carl

Full Show Notes w/ Links to resources: www.fitrichlife.com/podcast/

FIT RICH LIFE NEWSLETTER

Get fit, get rich, and live your best life in 10 minutes a week. Join thousands of readers who are leveling up their Fitness, Money & Life.

Join here: https://fitrichlife.com/newsletter

WANT TO LEARN MORE?

Follow me on Instagram: https://www.instagram.com/justindavidcarl

Follow me on Threads: https://www.threads.net/@justindavidcarl

Follow me on Twitter/X: https://twitter.com/justindavidcarl

Connect on LinkedIn: https://www.linkedin.com/in/justindavidcarl

SHOW SPONSORS:

I am incredibly passionate about Fitness and Money & have reached a substantial degree of mastery in these domains and now I'm looking to help others do the same! Interested in taking your Fitness, Money & Life to the next level? Book your Free Consultation today or drop me a DM on Instagram https://instagram.com/justindavidcarl to coordinate a time to connect with me.

From Pre-Workout to Protein if you desire to lead a happy, healthy, fit life, go to https://vedgenutrition.com/dragon and grab your plant-based healthy essentials. Use the code DRAGON to save $$!

My favorite regenerative clothing brand is One Golden Thread. Life-giving apparel that is stylish AF, comfortable enough to sleep in & versatile enough to work out in, attend a business meeting, or take someone out on a date. It's truly sustainable & actually regenerative as they plant a tree for every purchase. Use code DRAGON11 to save 11% & support this show.

Thanks for tuning in!

If you liked my show, LEAVE A THUMBS UP, share, and subscribe!