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How I Used an App to Create a Debt Payoff Plan

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Debt, the very thing we struggle with and yet we feel like it never goes away. We read books, watch videos, and seek out different ways to handle our debt. For me, I found freedom by using what I have on me at all times, my cell phone. I use the Debt Payoff Planner App by OxbowSoft LLC (also on iTunes) and it is truly a huge help! It’s an exciting new way to tackle your debt and feel more in control of your finances. Let me show you how it works.

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Side Hustle in Full Effect

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As previously mentioned, after a year of waiting, I was hired as a substitute teacher. (I applied last Spring when Gymnast and Princess started at the public schools.) At the time, I didn’t know many details.

The Financial Details

Well, I have officially started! It pays $75 per day for one off substituting. And I’ve already booked 4 days.

I’ll get paid at the end of every month. As expected, I can take or leave assignments as they fit in my schedule. It’s perfect for where I’m at with my business.

Last week, I taught chorus and theater at the high school. This week, I’m teaching 6th grade at the middle school and then cosmetology at the high school. This means I’ll net an $300 extra at the end of April. (Possibly more if I pick up more days over the next few weeks.) Score!

My first day of substitute teaching selfie – do I look like a teacher?

What’s really nice is that I can use the “planning” period and lunch to check in on my own work, and the schools get out at 2:45pm so I’ve got several hours of work time at the end of every day without staying up too late. (Not to mention, many of my clients are on the west coast so the timing is perfect to get in touch with them.)

Another great advantage is that it will help with my taxes as I requested additional taxes be taken out so I’m not behind next year. Woot, woot!

Looking Forward

I do think I will stick with the middle school and high school, as I don’t think I have the personality or energy level for younger kids. But I’m super stoked about this additional stream of income for the next couple of months. (And I’ll be automatically eligible to substitute next school year as well.)

Since we are living reasonably well off my business income, this “extra” will be budgeted for debt and savings only. And I do know I owe you a new budget and plan. I will get some time on those next week. This week…I’m booked solid with work! (This is such a wonderful feeling!)