According to a recent survey by the National Association of Home Builders, more than half of Americans would consider living in a home that’s less than 600 square feet. And when you ask millennials the same question, that number jumps to 63%. So what’s fueling this interest?
Today, I’ve invited somebody on the show who lives in a 170 square foot tiny home with her husband and absolutely loves it.
Jill Sirianni is my guest today. She is a professional social worker and loves all things minimalism, tiny home living and debt freedom. She’s also the host of the Frugal Friends Podcast, which was nominated this year as the “Best New Personal Finance Podcast” by Plutus.
Her frugal advice and story has been featured in multiple popular podcasts, and recently, the Wall Street Journal.
There’s a moment in people’s lives when they decide it’s time to become debt-free. For me and my wife, Nicole, it was when we learned we were going to be parents. For some, it’s when they get married, and for others, it’s just when they simply get fed up with owing people money.
Today, I’ve invited a couple who recently eliminated debt from their lives once and for all. Ryan and Regan Whitlock recently paid off $40,000 of debt in 8 short months. We’re going to find out their motivation for crushing this debt, so others can find their moment and their reason for becoming debt-free.
On our Mortgage Freedom Series today, we’re going to interview a couple that paid off their mortgage in less than 3 years and is now one step closer to financial independence because of it. Julien and Kiersten Saunders are my guests today and they are the creators of Rich and Regular, a hot new personal finance media brand that is growing in popularity because of its honest, informative and relevant approach to money.
Julien and Kiersten’s story and advice have been featured in big publications like the New York Times, MarketWatch and Forbes. And when they’re not talking about money, they’re traveling the world and raising their son in Atlanta.
On our Mortgage Freedom series today we’re going to introduce someone who paid off their mortgage through house hacking. What is house hacking you might ask? Well, we’re going to learn more about that today.
Steven Donovan is our guest today. Steven is a money coach and his financial advice and his inspirational story have been featured in GO Banking Rates, Bigger Pockets, and Rockstar Finance.
According to Bankrate, 29% of Americans have more credit card debt than they have in an emergency fund. That is some scary, scary stuff.
Today, I have a guest that accumulated quite a bit of credit card debt right around the time he got married. We’re going to talk about how he got out of that mess.
Chris Browning is the creator and the host of the award-winning short-form podcast, Popcorn Finance. His topics range from understanding the basics of investing all the way to his love of tiny homes. Chris’s advice has been featured in major publications like NerdWallet, Yahoo Finance, and CNBC.
Our first question of the month comes in from Daniel from Texas who wrote to me on my Facebook Page:
My wife and I have been married for 3 years. We are currently trying to pay down approximately $103,000 of debt. We initially started with $190,000 of debt when we got married. So we are progressing.
What’s the best approach to talking about debt and tackling it together?
We’ve taken the Dave Ramsey course and are currently doing the Debt Snowball, but at times we get into little arguments on our approach on how to tackle this debt. Any advice on how to handle that?
And what did you guys do to stay gazelle intense while on your debt-free journey? We are starting to get pressure from family about having kids and she feels like we are stagnant in our lives due to this debt.
For the young couples and parents that are reading this, I think it’s safe to say that a whole bunch of you are looking for a little more freedom and fun in your lives. And I truly believe that when you become debt free, you will experience that freedom. You’ll also experience a reduction of stress like you never have before.
I know that me just spouting off words and phrases like “debt freedom” or “stress reduction” may not motivate you to jump out of you seat and start crushing debt. But perhaps if we get a little more specific together, it may just do the trick.
Here are 7 dreams that can come true when you’re debt free: