Man Finds More Financial Freedom on Minimum Wage than Higher Salary Due to Debt

A 32-year-old man feels he had more financial freedom making minimum wage at Chili's in 2012 than he does now with a higher income, due to increased expenses like credit card debt and student loans.

To get back financial freedom, he recommends tackling debt through methods like the debt avalanche method.

Consolidating debts through refinancing can make monthly payments more manageable.

Lowering cost of living by moving to a less expensive area can help pay off debts faster.

Increasing income, like through advancing your career, can provide more money to put towards debt repayment.