Skip to Content
Tally logo

Member Spotlight: Learn How Taylor Tackled Her Budget and Freed Up Her Finances

“Tally has been everything that I hoped and thought it could ever be.”

February 4, 2022

Taylor G. is busy. When she’s not hiking and traveling, she packs her days with home improvement projects in her house and garden while she and her husband take care of their two dogs and three chinchillas. Taylor admits she hasn’t always had an eye on her spending with so much going on. Add in the astronomical rise in the cost of many goods, and all of a sudden, Taylor found herself in credit card debt. 

“The bills and entertainment gained up on me really quick. It came to a point where I couldn’t spend any more on my credit card,” says Taylor. “That’s when I knew I needed help.”

Getting behind on a budget

Overspending can overwhelm anyone, especially when they don’t have a budget to work off of. Small purchases add up, and all of a sudden you may find yourself in debt. 

“You have to spend wisely because it really does catch up to you in a heartbeat. That’s stress that  I never want to go through again.”

One step in squashing her financial stress was establishing a budget. While budgeting is a buzzword in personal finance, it can be hard to know where to start, especially when you consider it’s not “one size fits all” when it comes to budgeting styles. 

While the fear of finally breaking open your bank account, or diving into past impulse purchases might feel foreboding, it can be the first step in a journey towards financial freedom. Exploring past purchases can uncover long-unused subscription services you’re paying for, or expose spending patterns you can work to improve.  

When Taylor finally realized her overspending, she knew it was time to reign it in, decrease her spending and find help conquering her debt. That’s where Tally† came in. 

How Tally helped free up Taylor’s finances

Tally’s lower-interest line of credit helps Taylor organize her debt all in one place, with lower interest than her high APR credit cards. 

“It helped me free up some credit, so I was able to get a better hold on my credit, so I was able to get a better hold on my finances,” Taylors says. Consolidating her debt into a revolving lower-interest line of credit gave her that breathing room to evaluate her spending and simplify her debt repayment strategy. 


With Tally as a partner in her journey towards debt freedom, Taylor felt like a weight had been lifted. As astronomical APRs were a thing of the past, Taylor found she could balance her debt repayment while still living her busy life. 

A clearer path towards financial goals

Of course, while credit card debt can wrack up seemingly overnight, it takes time and dedication to pay it off. Taylor may have just started her road to debt freedom, but she’s confident she can take it on with Tally. 

“I feel like I do have a clearer path to my financial goals. It's going to take some time, but with Tally, I know it's doable,” she explains. 

Her credit card debt may soon be a thing of the past, but budgeting wisely and staying on top of finances is Taylor’s future. 

Are you ready to take the first steps towards freedom from credit card debt? Check out Tally today. 

​​†To get the benefits of a Tally line of credit, you must qualify for and accept a Tally line of credit. The APR (which is the same as your interest rate) will be between 7.90% and 29.99% per year and will be based on your credit history. The APR will vary with the market based on the Prime Rate. Annual fees range from $0 - $300.