Client Exclusive: How We Helped Emma G. Find a Path Out of Debt
We love celebrating our clients and are thrilled to tell you about Emma G., a Senior Corporate Financial Analyst from Pennsylvania who chatted with us about her Beyond Finance experience.
Emma’s journey is a great reminder that anyone can struggle with debt, even people skilled in finance! And when life throws you financial curve balls, having a good support system and a clear plan in place will make getting out of it a much better experience.
Debt Amount: $31,921
Started: June 2024
Monthly Savings: $547 (⏷ 51%)*
Meet Emma: A Finance Professional Facing Personal Debt
Emma manages a multi-million dollar investment pool at Capital Blue Cross and even has a part-time role as a project manager for an interior design business. Despite her impressive role and financial skills, she ended up in a challenging debt situation.
“You would think, you’re a finance person, so your finances must be great. And it’s funny because it’s not always the case. Life happens.”
How Emma Got Into Debt
Emma’s problems with debt began after college when some unexpected life changes, including a breakup, changed her living situation. Suddenly, she was living alone on a modest salary and trying to keep up with rent, car payments and post-2020 inflation. She found herself “living out of [her] means, not on purpose, but because of the way that life transpired” and turning to credit cards as a source of emergency funding.
Exacerbating her financial problems were medical issues between 2020 and 2024, including a rare health complication and medical costs, that increased her credit card debt.
When She Knew It Was Time To Get Help
Emma realized things had gone too far when she reviewed her credit card statements. “I was looking at the interest and I was like, ‘I’m not getting anywhere. I can’t do this anymore.’ Continuing to make those payments was trapping me.” After seeing the impact that interest was really having, she knew it was time to get help.
How Beyond Finance Helped Her Turn Things Around
When Emma first found Beyond Finance, she admits she was “very skeptical at first.” Many people she knew, including her financial advisor, urged her to do her due diligence. However, after a thorough call where all her questions were answered, and after doing her own research into reviews, she realized, “it wasn’t a scam, it completely changed things for me.”
Having a Plan Stopped Her Debt Stress
The program offered Emma what she desperately needed: a plan.
For Emma, who prefers to know her next steps, this was crucial to lowering her debt stress. “When I don’t know where I’m going, I feel overwhelmed, stressed and stuck.”
“It’s given me a path when I felt like I didn’t have a path. [The program] really lifted the financial burden off of me.”
Emma Saved 51% on Her Eligible Monthly Payments
Before Beyond Finance, Emma’s monthly payments were $1054. Now, her payments are $507 a month. This big reduction has allowed her to manage daily expenses better and focus on long-term planning, like growing her savings.
Emma’s Advice for Others: “Don’t Feel Like Your Stuck”
Emma’s advice to others struggling with debt is to take charge and look for a solution. “Don’t feel like you’re stuck in the circle of paying debt and having interest keep coming back and ruining your progress. Know that there’s options out there.”
She wishes more people knew about Beyond Finance, emphasizing that the options are worth it!
“I wish more people knew about [Beyond Finance] because you don’t have to be hundreds of thousands of dollars in debt to try something like this.”
Emma’s Plan For The Future
Looking ahead, Emma is eager to buy a house by the time she’s 30 and finally get out of the rental market. In the meantime, she is slowly building her savings and following her Beyond Finance plan by regularly checking her progress in the app.
Emma G. is a real client compensated for sharing a real experience. Individual results may vary.
*Emma saved 51% on her eligible monthly payments. Saving amounts are calculated based on self reported payments or tradeline minimums minus program payment.