Thu, 5 April 2018
Frustrated with your credit card, car payments, and student loans? Learn how you two can come together to dump your debt faster and retire early!
How You Can Retire Early
Let me ask you two questions.
Does it seem like there is a huge gap between today and five years from now?
If you would've told me five years ago we'd be out of debt (except for the mortgage) and be on our way towards financial independence I'd think you'd be a little crazy. Sure, I was optimistic, but it wouldn't feel possible with all that we were juggling at the time.
But when you break down your goal into chunks and you work out a system which for us includes automating, you can see huge results.
The good news is that the skills you use to get out of debt are transferable. Instead of sending in those extra payments to your credit cards and student loans, you can direct to savings and investments.
Deacon Hayes, personal finance author and Well Kept Wallet founder, is on today and we're getting into how he and his wife Kim made this transition.
In this episode, we talk about:
Hope you enjoy!
Resources to Dump Debt and Retire Early
If you’re looking to get ahead with your finances as a family, here are more resources to check out!
Jumpstart Your Marriage and Money Course
Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course.
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Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.
Direct download: S6E17_You_Can_Retire_Early_with_Deacon_Hayes.mp3
Category:personal finance -- posted at: 5:00am EDT