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Why You Can’t Get Out of Debt with Haley Brown-Woods

Love and Money Podcast

Release Date: 07/01/2025

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If you’ve ever wondered why you keep paying off debt, only to rack it right back up... you’re not alone. The debt cycle is real, and it’s keeping millions of people trapped in financial stress. But breaking free isn’t just about cutting expenses or making bigger payments, it’s about changing your entire approach to money.

Haley Brown-Woods, financial coach and co-founder of Price of Avocado Toast, helps people break the cycle of debt without extreme penny-pinching or deprivation. If you're tired of making payments but never making progress, this episode is for you!

Whether it's credit cards, personal loans, or legal fees from your divorce, debt can feel like an endless trap. Haley reveals the most common mistakes people make when trying to get out of debt—and why most "quick fixes" only make things worse.

What you’ll learn in this conversation:

  • Why you keep falling back into debt even after paying it off
  • The sneaky ways society pushes you into debt (hello, credit card points and balance transfers!)
  • Why consolidating debt can actually make it harder to pay off
  • How debt cycles work and why they’re so hard to escape.
  • Why paying off debt isn’t just about numbers, it’s about psychology and behavior.
  • The difference between spending mindfully and spending mindlessly.

Getting out of debt isn’t just about making payments, it’s about changing the behaviors that put you there in the first place. Haley shares her personal story of overcoming massive debt and gives practical steps to help you stop the cycle once and for all.

How to finally break the debt cycle:

  • Stop relying on willpower and build a real plan instead.
  • Cut the shame. Debt is a financial problem, not a moral failing.
  • Get clear on your spending habits. Awareness is the first step to change.
  • Make saving a priority. Having cash on hand stops you from turning to credit.
  • Set up a system that makes debt freedom sustainable, not just temporary.

Haley has helped families pay off over $3 million in debt and now she’s sharing her strategies with you.

Get your free budgeting template here: https://priceofavocadotoast.kit.com/145c68dadc

Check out Haley’s financial coaching services: https://www.priceofavocadotoast.com/coaching