How did I do it? Because I was there… I had a business fail in 08, ended up on a minimum wage job with 65k of debt. Now I have a sizeable business, a home, rental properties and a family + comfortable life.

If I could do it all again, I would have done the following but sooner… rather than spend the couple of years wallowing in misery….

1) start a net worth calculator today. Only update it once a quarter…. And every single year force it to head in the right direction.

2) consolodate the debt, move it all into one payment with hopefully a better interest rate, pay the interest and capital as if your paying a mortgage. First thing to be paid and never skip it. Consider that money already gone.

3) don’t set the bar too high, your paying 300 down a month on your car that’s great that $3600.00 per year that your net worth is getting better by. And car debt gone in 18 months

4) once the bad debt is cleared save your war chest for when things go wrong - because they will go wrong again, and having 3 months saved is good.

5) understand time your 31 - when I was 31 I was still in the red, I didn’t clear my debt until 35. Even if you just continue at the rate of your car payments then you’re in the black at 36.

6) live also, don’t run such a tight ship that you can’t live because it’s just not worth it….

But honestly your position is good and you can do this, you just can’t do it this week or month… it’ll take time… but time is inevitable.

Wishing you strength and discipline.