Episode 174: How to Pay off Your Debt in a Strategic Way That Is Best for Your Financial Situation

Today’s guests are our friends Jessica and Brandon from the Sugar Daddy podcast. Jessica and Brandon share their story of deciding to start a podcast, as well as the benefits of working with a financial planner. You’ll hear how having an expert on your side with a duty to serve you best can help ignite your wealth building journey and save you from headaches trying to DIY. This couple also gives some stellar money and parenting advice that you do not want to miss!   In this episode, we chat about: The benefit of expertise Ways couples can level up their money talks Intentional parenting tips for finances   ABOUT WITH TODAY’S GUEST:  Brandon Norwood is a licensed financial planner, and owner of Oak City Financial, a financial planning business. Oak City Financial LLC has been a WRAL Voters’ Choice Award finalist the past three years in the financial services category. He has been in the financial services industry for over a decade and started his career at Fidelity, later moving to New York Life, before starting his own firm. He serves as co-treasurer on the executive board for WakeUp Wake County, a local nonprofit focused on advocacy that leads public engagement on housing, transportation, climate change, and other land use issues in the Triangle. He is also an adviser with the startup, WhiteFlag Inc., a mental health app that provides immediate customized peer support that is currently working on their series A fund raise. Brandon attended the College of Charleston and has a BS in Corporate Communications. Jessica Norwood works as the Global Sales AI and Content Strategist for a Fortune 100 company. Jessica has authored the award winning Your Hair is Magic line of children’s books and is a co-host of The Sugar Daddy Podcast, focused on financial literacy for elder millennials. “Your Hair is Magic: Bed Head” was featured on LIVE with Kelly and Ryan on ABC in 2021, and was most recently read live by Sarah “Fergie” Ferguson, The Duchess of York. In 2022, she earned her Lean Six Sigma green belt, was a Social Impact Scholar for The Leadership Consortium (Harvard Business School) and was named a Mover & Shaker by Cary Magazine. She earned her B.A. in German from the College of Charleston, an M.Ed. in Administration from the University of South Carolina, Columbia, and an M.Ed. in Divergent Learning from Columbia College. Jessica lives in North Carolina with her husband, Brandon, two children and one year old Doxiepin, Remi. ABOUT WITH TODAY’S GUEST:  thesugardaddypodcast.com Instagram @thesugardaddypodcast Facebook @thesugardaddypodcast   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing

Have you paid off your debt 3 times in the past but you keep finding yourself in debt. If so, this episode is for you. We are talking through 5 debt payoff strategies you can use to end your debt cycle once and for all. Debt is deeply personal and your approach to paying it off will be unique to your situation. We talk about the debt snowball, debt avalanche, debt stair stepper, debt lasso and the emotional baggage debt payoff approach. Debt payoff isn’t one size fits all so listen in today to find out what the best approach for YOU is! Enjoy!   In this episode, we chat about: Different debt payoff methods  Behavioral changes needed for permanent change Why someone might need a financial coach for support on their journey Financial coaching open reg - NOW through May 31st   MENTIONED IN THIS EPISODE: Vertex Debt Calculator Apply for 1:1 Coaching With Haley & Justin https://www.priceofavocadotoast.com/coaching    ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: priceofavocadotoast.com Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast Threads Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Schedule a Budget Builder call with Haley & Justin Price of Avocado Toast customizable 12 month budgeting template   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

Learning about money doesn’t have to take long. In fact, it can happen in the amount of time it takes to make popcorn. That’s the theory from our guest on today’s show, Chris Browning. Chris is the host of the award-winning podcast, Popcorn Finance, where he helps listeners digest difficult money topics in the amount of time it might take to make some popcorn. Chris shares his journey to Popcorn Finance and the roundabout way that art and money crossed paths to guide Chris to his work now. You’ll hear our California hearts muse over affordable housing and how the landscape of renting vs buying is portrayed.    In this episode, we chat about: The nuance of art and money The journey to Popcorn Finance The causes and concerns about unaffordable housing   MENTIONED IN THIS EPISODE: Poor Things with Emma Stone   CONNECT WITH TODAY’S GUEST:  Chris Browning is the creator and host of the award-winning, short-form podcast Popcorn Finance where he discusses finance in about the time it takes to make a bag of popcorn. After earning a degree in finance Chris realized just how little he had known about managing his own money and knew he couldn't be the only one. So he created a podcast to help those feeling the same way. Each week Chris breaks down the world of finance in just a few minutes to help listeners get over their fear of money. You can find Chris featured on CNBC, PBS, The New York Times, The Los Angeles Times, and Forbes. You can also catch him providing personal finance advice weekly on NECN. https://popcornfinance.com/ Popcorn Finance Podcast Twitter @popcornfinance Instagram @popcornfinancepodcast Popcorn Finance on YouTube Tiktok @popcornfinance   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

Today's episode features one of our absolute favorite humans, Jannese Torres from Yo Quiero Dinero. Jannese joins us to share about the release of her new book, Financially Lit. Financially Lit is the culmination of the past few years of work for Jannese and the book is here to help lift up other Latinas to find their power and pursue wealth. Jannese has written a book in an authentic voice for readers to find themself in her story and see how financial education can no longer be withheld from this rising community. You’ll hear some plans with a book tour, but stick around so you can find exactly how we’ll be giving away some copies of the book to listeners!   In this episode, we chat about: Representation in personal finance media Authenticity as an author and creator Inspiring the next generation of Latina wealth builders!   MENTIONED IN THIS EPISODE: Episode 79 of Price of Avocado Toast www.financiallylitbook.com CONNECT WITH TODAY’S GUEST:  Jannese Torres is an award-winning Latina Money Expert. She became an accidental entrepreneur after a job loss led her to create a successful Latin food blog, Delish D’Lites. Now, she helps her clients and listeners build successful online businesses that allow them to pursue financial independence and freedom. Jannese is on a mission to educate marginalized communities on topics like entrepreneurship, investing, and financial independence through her personal finance podcast, “Yo Quiero Dinero.” Her new book, Financially Lit!, is available today on large sites online and indie bookstores around the country.  Launched in 2019, Yo Quiero Dinero® is an award-winning personal finance podcast for Latinas and people of color. The Yo Quiero Dinero® Podcast educates and empowers listeners on personal finance topics like entrepreneurship, financial independence, building generational wealth, investing and money mindset through guest interviews & solo episodes. The Yo Quiero Dinero® Podcast goal is to de-stigmatize money as a taboo topic in the Latinx & BIPOC communities and make personal finance fun, relevant and relatable. The podcast has come to be known as "the swaggiest personal finance podcast". This Top 100 podcast with more than 1 million downloads and counting is available on all major platforms, including Apple Podcasts, Spotify, YouTube & IHeartRadio. New weekly episodes premiere on Mondays.    Instagram  Pinterest YouTube Twitter Tiktok LinkedIn     ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: priceofavocadotoast.com Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast Threads Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Schedule a Budget Builder call with Haley & Justin Price of Avocado Toast customizable 12 month budgeting template   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

Do you ever feel like you just can’t get a handle on your spending? That no matter what barriers you put in place you just continue to blow through them? Our guest today is Rachel Duncan, financial therapist and founder of the Money Healing Club, a group based program helping others through trauma informed practices on the path to financial healing. Rachel helps us explore our own childhood ideas of money as well as giving a clear idea to the truth of a “spending addiction”. This is one episode you don’t want to miss!   In this episode, we chat about: Spending addictions The financial traumas of money Supportive financial therapy options   CONNECT WITH TODAY’S GUEST:  Rachel Duncan helps impulse spenders learn to trust themselves. She is a Financial Therapist, Certified Financial Social Worker, Certified in Trauma of MoneyTM, and an Art Therapist, based in Denver. Rachel leads a 12 week small group program called "The Money Healing Club" which takes a trauma-informed, mindful and creative approach to money management.  The Club is a supportive community that stands to be the go-to resource for impulse spenders to heal their money wounds and flourish. Besides hosting deep emotional money conversations, she loves to sing for her cats, children, and other audiences in Denver. Her work has been featured in Bankrate and FinCon 2023. moneyhealingclub.com  Instagram: @moneyhealingclub TikTok: @moneyhealingclub Rachel's 12 week group coaching (use code TOASTIES for 10% off)   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

You’ve seen the social media frustrations. You’ve heard the stories of random places asking for tips. We’re taking this episode to share our thoughts on tip culture in the US and the real reasons people seem to be frustrated. You’ll hear how we feel about tips as a practice and where our hearts are with this tipping phenomena.   In this episode, we chat about: Anchoring tip percentages Restaurants vs Delivery Dulling the shine of generosity   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: priceofavocadotoast.com Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast Threads Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Schedule a Budget Builder call with Haley & Justin Price of Avocado Toast customizable 12 month budgeting template   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

Today's episode features Jess from the Fioneers! Jess comes on to chat about the drive toward financial freedom and designing life while on the journey. We chat about the power in CoastFi and finding what is “enough” to bring you contentment and peace. You’ll love hearing about how you can find that FU money to start choosing your time back. Enjoy!   In this episode, we chat about: F U Money moves  The power of a Coast FI life  Designing a life that you don’t want to retire from   MENTIONED IN THIS EPISODE: Your Money Your Life by Vicki Robin Ramit Sethi CONNECT WITH TODAY’S GUEST:  Jess is a full-time adventurer and a part-time writer, speaker, and lifestyle design coach. Jess is the co-founder of the award-winning platform, The Fioneers, which focuses on using the financial freedom you build to design a life you truly love. Through content, coaching, courses, and retreats, Jess helps people envision their ideal lifestyle, determine how work can fit into it, and take steps to make it a reality. Jess has been featured in Marketwatch, Business Insider, Forbes, The Motley Fool, and Simple Money Magazine. When not traveling in her campervan, you can find her perfecting her sourdough pizza recipe and playing complex, collaborative board games.  thefioneers.com  FI Calculator Youtube @fioneers Instagram @thefioneers Private Facebook Group   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing

In today's episode you’ll learn the exact formula our family uses to plan for travel! You’ll be able to pick that dream destination and feel confident planning the trip you’re desiring. Expenses won’t creep up and you’ll feel empowered knowing you can travel and tackle all of your other goals and dreams. No more leveraging credit card debt after this episode - from here on out you’re a travel pro!   In this episode, we chat about: Deciding on the destination Planning how to get there Livin’ it up when arriving ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: priceofavocadotoast.com Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast Threads Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Schedule a Budget Builder call with Haley & Justin Price of Avocado Toast customizable 12 month budgeting template   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing  

Today’s episode features Adrienne Hines, a bankruptcy attorney from Northern Ohio. She has amassed a large social media following by sharing the honest truth behind the curtains of bankruptcy. She uses her platform to help inspire folks and let them know that there is life beyond bankruptcy, and that they do not have to feel alone or afraid if they are struggling through debt. Adrienne is so aligned with our mission and it was an honor to host her on the show. You’re going to love this one - even if you’re worried about hitting play!   In this episode, we chat about: The differences between Chapter 7 and Chapter 13 bankruptcy Debt consolidation vs bankruptcy Life on the other side of a financial crisis   MENTIONED IN THIS EPISODE: Chapter 7 bankruptcy Chapter 13 bankruptcy CONNECT WITH TODAY’S GUEST:    Meet today’s guest, Adrienne Hines, Ohio's renowned bankruptcy expert with nearly three decades of experience. Adrienne has redefined bankruptcy, transforming it from a daunting concept into a tool for financial wellness and dignity. She's more than just a lawyer; she's an ally who combines sharp legal expertise with deep empathy, guiding those in financial distress towards stability. Adrienne is also a trailblazer in the digital world, using TikTok to challenge bankruptcy myths and promote financial literacy. Her innovative approach earned her the 2023 Best Bankruptcy Advice Award at the FinTok Awards by Debt.com. With a track record of real results, Adrienne offers not just top-tier legal advice but also a path to financial empowerment. Work with Adrienne https://linktr.ee/theladylikelawyer TikTok @theladylikelawyer Facebook @theladylikelawyer Instagram @theladylikelawyer Adrienne Hines on Linkedin YouTube   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing

Have you ever thought of gamifying your debt payoff? Our guest today has created just the thing for you! Frida Leibowitz, co-founder of Debbie, joins us to share about the exciting new app that is going to pay YOU to get out of debt! Seriously. Frida and her team have built an app that partners with credit unions to build strong financial habits while also empowering folks to pay off debt. It truly is a community win, and Frida was gracious enough to come share her story and all of the exciting things the team at Debbie is building. Make sure you stick around for the whole episode - you don’t want to miss what Frida shares with our listeners!   In this episode, we chat about: Behavioral aspects of debt payoff Credit Unions vs. Traditional Banks: Pros and Cons Debbie, the debt payoff app that will change your life!   MENTIONED IN THIS EPISODE: Redwood Credit Union   CONNECT WITH TODAY’S GUEST:  Frida is the Co-Founder and CEO at Debbie. She spent her early career on Wall Street at Marcus by Goldman Sachs. Frida is a first-gen college grad, debt slayer and wealth builder; she's passionate about helping others reach financial security because she experienced the lack thereof. Debbie is the first behavior-change rewards app that pays you to pay off your debt and save.  https://www.joindebbie.com/ Frida Leibowitz on LinkedIn Debt Debbie on LinkedIn Instagram @debtdebbie TikTok @debtdebbie   ABOUT PRICE OF AVOCADO TOAST: Listen in with Haley and Justin Brown-Woods, married millennials picking up the pieces from the financial fiasco they created as a young couple.  They want to normalize conversations about money and learn from others on the path towards financial empowerment. Whether you are just getting started on your debt-free journey, or if you are really starting to hit your stride, this podcast is for YOU!  Join weekly as they interview some others who have done it the right way, the wrong way, and every way in between. Avocado toast may cost a pretty penny, but that doesn't mean it can't be in your budget! FIND HALEY AND JUSTIN ONLINE + SOCIAL MEDIA HERE: Price of Avocado Toast Instagram Price of Avocado Toast Twitter Price of Avocado Toast on TikTok Price of Avocado Toast Facebook Join the Price of Avocado Toast Newsletter OTHER LINKS: Apply for 1:1 Coaching With Haley & Justin Price of Avocado Toast customizable 12 month budgeting template Digital downloads   RECOGNITION: Audio engineer: Garrett Davis Podcast Support: Weir Digital Marketing