MONEY AS DEBT 1, THE TRUTH ABOUT MONEY

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Video Rating: 4 / 5

How I Got Out Of Debt

It’s a myth that only the rich can be debt-free. The truth is that anyone can become debt-free. True debt reduction is plain common sense and hard work. Debt…
Video Rating: 4 / 5

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18 comments

  1. Debtor=Slave

  2. Money

  3. thank you so much for sharing such essential/valuable/important knowledge
    (& truth!) ,.. especially during these “Materialistic,
    Money/Profits-driven” times today..!

    – from Indonesia-

  4. DEBT CREATE MONEY

  5. madness yo crazy unboxing would be crazy if you didn’t have osmething like
    this jus saying your phone is 600 dollars you drop it then bam itz gona
    right? goo.glkrYrx2 shizzzzz

  6. Another great cilp on moving towards debt free living. My husband and I
    chose to make debt free living our future goal. We chose a 1200 sq ft house
    for our 5 person family, didn’t take yearly holidays, have one small used
    vehicle, our appliances and furniture were 15 years old (recently replaced
    in cash), and so on. My extended family all expressed to us that our
    dedication towards debt free living went overboard, because we appeared not
    to be LIVING! They were wrong. We were living. We were fully engaged and
    present and not distracted or deterred from building our lives up in a
    grounded and conscious way. Rather than flitting from one house to the next
    biggest, one car to the next newest, one vacation to the next vacation and
    trying to ignore the crush of debt, we lived for daily moments, dinners
    together, board games, outings, and even meals out. We took the holidays we
    could afford to and bought ‘toys’ when the budget allowed. All more
    precious for the wait. We never felt deprived and we enjoyed little
    financial stress. I add that I am a home maker who homeschools several of
    our children. We did this with one working parent. We feel empowered daily
    by the sense of control we have over our life and the light of freedom at
    the end of the tunnel. Now, at 43 years of age my husband and I are three
    months away from debt freedom (including the mortgage). We also have a
    small savings, retirement funds, and a small educational fund for each
    child. If everyone did what we did economies around the world would be
    strong and so would the moral fiber of families!

  7. What a scam ..

  8. You and your wife are my inspirations. I too have no debt and getting
    ready to homestead, being of German nationality and a jack of all trades.
    I am counting down the days for my departure to a real life and freedom.
    God bless you and yours.

  9. awesome! a great talk and some good insights! I’m going to be getting that
    book. Thanks. I also love your advice on axes.

  10. My husband and I are working on getting out of debt. Our goal is to be debt
    free with in three years. Yes it does feel good to get rid of debt and
    across it off the list and not have it any more. I look forward to when my
    husband gets paid to see what debt we can pay off.

  11. I have heard of Dave Ramsey also. My parents taught me to handle money the
    way Dave teaches. I always thought that it was just plain common sense, but
    it is not. At age 31 I have never had a car payment (but I own 3) and my
    place is paid for in full. I have a mortgage on a piece of land and that is
    the extent of my debt. If I hadn’t have bought the land I would be debt
    free with money in the bank! It is very doable! 

  12. i have another tip to stop going in debt, more for the males out there, get
    yourself a nice horny gf/wife, then you wont have to waste money on
    hookers! I have never had to pay for a hooker and its saved me thousands

  13. He never mentions what his income stream comes from. A job or advertising
    from these goofy videos? Anyone in credit card debt deserves to suffer
    because they are stupid. Just use common sense and never use a credit
    card! F the banks – keep your money in a credit union.

  14. I don’t want to take away from the video in any way… just wanted to share
    a tip with you that I learned from another youtube video that may be
    helpful. If you take a bandaid and cut it down to about 3/4 of an inch or
    so in size with the cotton portion in the middle and stick that over your
    microphone hole it reduces wind noise exponentially. Just thought I would
    share… love the videos, you’re doing a great job so thank you for
    sharing!

  15. Every day my wife and I would go for a walk to think of ways to make cuts,
    to get more money to put against our mortgage. After going nowhere with
    that house for years, we paid it off in 2.5 years, and it gave us a huge
    down payment for our permanent house, which also ultimately got paid off.

  16. good advice, thanks for sharing :)

  17. Awesome video

  18. To be fair this guy talks some sense, there are no quick wins. Your biggest
    obstacle to get over is your own self control. Once you realise how to
    create wealth you’ll never go back to your old ways.

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