Real Stories Ep 47: Jesse Flips his Financial Script
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A year into a promising new career path, Jesse was unprepared to lose his job. He found himself relying on his cards for basic living expenses and rent as his credit debt accumulated. He was optimistic that he could make things work with freelancing, but the income wasn’t sustainable.
As he considered options to tackle his debt–amidst mounting anxiety–he decided to take out a consolidation loan. Ultimately, he found himself owing on both the consolidation loan and credit cards.
Jesse was determined to address his debt and found his way to GreenPath, where he enrolled in a Debt Management Program. Today, with his program complete, he looks forward to buying a modest home and being better prepared for the next financial emergency.
Key Moments
2:04 Jesse recalls his rural upbringing and how his career started.
6:41 He discusses the impact of his job loss on his finances and peace of mind.
10:57 Jesse considers different options to better manage his debt including bankruptcy.
12:39 He takes out a consolidation loan but his credit card debt accumulates still.
15:54 He reaches out to GreenPath and enrolls on a Debt Management Program.
20:02 Jesse talks about the importance of patience as his debt repayment program progressed.
22:26 He talks about the value of family support as he navigated his debt.
27:07 Jesse reacts to completing his Debt Management Program.
30:28 He shares his upcoming financial goals, including buying a home.
32:22 He explains what inspired him to share his story.
34:12 Jesse encourages others to reach out to someone you know if you are struggling with your money.
36:32 Our co-hosts reflect on Jessie’s story and share practical tips.
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GreenPath is a non-profit credit counseling organization. GreenPath’s goal is to offer guidance and support to individuals seeking to manage and overcome financial challenges through education, financial counseling and debt management programs. The information provided is for educational purposes only. Consulting with a licensed financial advisor and tax advisor is recommended before making any major financial decisions. GreenPath is not a debt settlement company, credit repair company, credit repair service, nor does GreenPath provide debt consolidation loans. By using this website, you acknowledge and agree that GreenPath is not responsible for any financial decisions you make based on the information provided on this site.