'I'm still on the journey': How this entrepreneur is bouncing back from 5-figure debt

, Jackson came up with her own system: "If one debt was emotionally really heavy for me, I focused on that one to get it out of my life," she says."After the emotionally heavy one was done, I got rid of the smallest. And if one had an interest rate that was too high, I would try to negotiate the interest rate.

Jackson also bought a house during this time that has since appreciated to nearly three times its original value. She even took some risks by learning how to work for herself as an entrepreneur — a decision she believes held the key to increasing her earning potential. "I love making money online," Jackson says. "It creates an equitable connection between skills and products that might not occur in other spaces. Say for example if you are disabled and you're unable to physically be in a place, you can be everywhere with the Internet. And if you are a woman, if you're a person of color — you can also be everywhere.""I really didn't understand that [a credit card] was a tool," recalls Jackson.

"We talked about how to be a great employee, show up on time and be ethical — and those were really, really important and powerful conversations — but that's a very different conversation than talking about what a credit card is, what investing for retirement is," says Jackson. Nonetheless, Jackson credits her mother for teaching her the "soft skills" of money — professionalism, relationship-building, etc. — but she now recognizes the importance of"It's funny because even though [I was in debt], I am not anti credit card. I just think that it's important to really understand what your needs are and what your spending habits are. [Credit cards] can be used in a way that makes sense for you. You just have to understand who you are.

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