This couple sold their house for an RV and paid off $200k in debt—then the money started rolling in

Deutschland Nachrichten Nachrichten

This couple sold their house for an RV and paid off $200k in debt—then the money started rolling in
Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

Their path was unconventional, but it points to a truth that’s hard to dispute: Lowering expenses and increasing income leaves more money to tackle debt.

In this series, NerdWallet interviews people about their journey to tame debt. Responses have been edited for length and clarity.Karen Akpan lost her high-paying contract in clinical research in 2019. She and her husband, Sylvester, had no savings and made an estimated $50,000 gross annual income through their travel blog’s Instagram. But that income just wasn’t enough to cover their $4,300 monthly mortgage payments — or to put a dent in their six digits’ worth of debt.

“We literally used our last dime to buy an RV on Facebook FB, +2.26% Marketplace and fix it up,” Karen says. “It was a leap of faith. I just believed that everything would work out.” She’s partnered in this way with brands such as Nature Valley, National Geographic, Disney DIS, +2.03% Products, Affirm, AFRM, -2.97% Crate & Barrel, Circle K and Camping World CWH, +1.79%. The Akpans also brought in cash through YouTube and freelance writing, but about 80% of their income came through branded Instagram content.

While she was excited to pay off these loans, Karen also had misgivings — and still does. “I should have invested that money,” she says. The Akpans also try to travel internationally once a month, depending in part on the cheap tickets they can score. Their next big trip is to Kenya.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

MarketWatch /  🏆 3. in US

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Adam Tooze’s new book documents the economic impact of the pandemicAdam Tooze’s new book documents the economic impact of the pandemic“Shutdown” gives a truly global picture, covering the disruption in the financial markets as well as the ins and outs of government policy
Weiterlesen »

As Biden winds down Afghanistan, a refugee backlash looms at homeAs Biden winds down Afghanistan, a refugee backlash looms at homeThe White House is trying to work quickly to stave off criticism from more state and local officials over the resettlement of Afghan refugees.
Weiterlesen »

New Docs Show GOP Convention Cost Park Service Extra $100KNew Docs Show GOP Convention Cost Park Service Extra $100KTravis Dove/GettyWhen the Republican National Committee made a last-minute booking for its GOP convention last August, new documents show that the move created more than $100,000 in costs to accommodate events on White House grounds.According to records The Daily Beast obtained through a Freedom of Information Act request, the previously unreported expenses included setbacks to ongoing National Park Service projects on the White house grounds, as well as barriers erected at the RNC’s request to
Weiterlesen »

Mike Tyson Doubles Down On Jake Paul Pick, I Think He Beats Tyron Woodley!Mike Tyson Doubles Down On Jake Paul Pick, I Think He Beats Tyron Woodley!Mike Tyson is rolling with Jake Paul against Tyron Woodley on Sunday.
Weiterlesen »

Rolls-Royce Cullinan Black Badge ReviewRolls-Royce Cullinan Black Badge ReviewTaking the Rolls-Royce Cullinan Black Badge on a 400-mile drive from London to Edinburgh.
Weiterlesen »

How Meghan & Harry Celebrated Their Second Anniversary—It Involves MargaritasHow Meghan & Harry Celebrated Their Second Anniversary—It Involves MargaritasMeghan Markle and Prince Harry Spent Their Second Anniversary With Takeout and Margaritas
Weiterlesen »



Render Time: 2025-03-17 03:04:39