The Life-Changing Benefits of Complete Debt Freedom

Recently, my family became completely debt free.

No student loans, credit card debt, personal loans, car payments and, yes …  no mortgage.

After 7 years of educating myself, diligent planning and partnership with my wife, we officially do not owe a single dollar to anyone. (We do have a late fee for Moana at the library. Does that count?)

We’re incredibly excited about our young family’s future and the opportunities that our debt freedom has opened up for us.

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How to Build Your Credit Without a Credit Card – with Whitney Hansen

Without the right discipline, credit cards can cripple our ability to build our cash savings, our retirement savings and our overall wealth. It’s so easy to swipe that little piece of plastic without even thinking twice about how much money we actually have in our checking account.

My guest today, Whitney Hansen, has developed a business that helps people battle the temptations of the all-powerful credit card. After becoming completely debt free early in her life, she now supports others in doing the same.  For most people, that journey to debt freedom starts with their relationship with credit.

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Avoid Holiday Debt Next Year With a Sinking Fund

Christmas is a time for fun, family and giving. Unfortunately for some, the spending associated with this joyous time of year was bought on credit.

According to Magnify Money, this past season Americans with holiday debt added $986 in debt on average and the pay off may not be until the next Christmas! The author of the article Nick Clements writes, “55% plan to take more than 5 months (to pay off the debt) or just make the minimum payments, which could extend the debt to 10 years or more.”

If we’re still paying off debt from last year’s Christmas, how can we enjoy this year’s Christmas?!

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Obliterating $51k in Credit Card Debt and Empowering the LGBT Community – with John Schneider and David Auten

The magical, mystical and all-powerful credit card …

If we want something really bad but we don’t have the money for it, credit cards solve our problems immediately. Don’t they? If we’re jonesin’ for some new threads, we want to buy a fancy dinner or even treat ourselves to a tropical vacation, we can swipe our way to happiness. Right?

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