POM048: Paying off $1Million in Debt with Naseema McElroy

In this episode, I talk with Naseema McElroy about how to plan to pay off debt and how to start investing. We discuss

  • creating a real plan to pay off a large amount of debt
  • what is zero-based budgeting and how to use it
  • how to stay motivated during your debt elimination journey
  • the next steps after eliminating debt
  • how to start investing


Naseema McElroy

Naseema is the founder of Financially Intentional, a blog about personal finance and living life intentionally. She discusses how taking control of her finances has enabled her to overcome bankruptcy, divorce, and break the cycle of living paycheck to paycheck. She shares her lessons along her path to help others benefit from the freedoms of financial independence.


Outside of encouraging people to get their financial act together, Naseema is a mother and Labor and Delivery Nurse. Though making six figures for years, she struggled with money. Finally realizing she couldn’t out-earn her financial ignorance, she knew she had to make some changes. By shifting her mindset around money, being consistent and intentional, she has paid off $1 million in debt and grew a six-figure net worth in three years without living in deprivation.


Resources Mentioned:

Free financial courses by Naseema

Financially Intentional Blog


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