Meet the Woman Who Paid Off $490k in Debt: Sami Womack


Manage episode 293200441 series 10755
By and Jesse Mecham. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Jesse chats with Sami Womack, who paid off nearly half a million dollars of debt after hitting financial rock bottom during the birth of her first child. Stuck in a different city on business travel, her husband almost missed a flight home to be at the birth... because they had maxed out all their credit cards, and the last minute ticket was $800.

Sami and her husband had made most of the financial mistakes you could make. They were behind on all of their bills, including mortgage payments and property taxes. They had three properties -- their home, a rental home, and a piece of land Sami intended to build a business on but could not secure financing -- but were facing foreclosure on them. They were eating out frequently, and spending lots of money on food.

The added stress of children brought them to a financial breaking point, at which point Sami started googling for help. She found YNAB, and began budgeting her current dollars, instead of her future dollars, for the first time. It took a major lifestyle adjustment, and the sale of their land and rental property, but the Womack's managed to pay off their debt.

Sami now helps others pay off debt and reach their financial goals with personalized coaching and budgeting plans at:

She also hosts A Sunny Side Up Life Podcast:

544 episodes