Michael Lacy is a financial educator committed to teaching others proven ways to better handle their money. He is the host of the award-nominated podcast entitled Winning To Wealth as well as the co-host of the podcast Faith, Love, And Money.
CNBC Select spoke with a personal finance blogger about how he and his wife used a debt payoff strategy inspired by the snowball method to get out of five-figure credit card debt.
CNBC Select dives into ways to keeping calm during a layoff, even when paying off debt, with three helpful tips from somebody who has been there before.
Michael Lacy and his wife Taylor paid off all their consumer debt once they were able to have an honest discussion and make a plan. Here's how they did it.