Money | Debt Shepherd

198 DSR – How to Go Broke

October 13, 2015

Top 5 ways to go broke:

1) Too Many Credit Cards
2) Ignoring Your Current Situation
3) Keeping Up With The Jones’
4) Listening to Friends & Family Who Are Clueless About Money
5) Buying Too Much House

Credits:
The outline for this episode was used with permission from debt management expert Doug Hoyes of the podcast “Debt Free in 30.”

Resources:
Doug Hoyes (Canada)
Debt Free in 30 (iTunes)
The Creature From Jekyll Island

In Money, Motivation, Personal Finance Education get out of debt fast, how to get out of debt fast, personal finance education

197 DSR – Credit Scores Revisited

October 3, 2015

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What if I don’t have a credit score?
Things you can do to increase your score.
Getting to know a banker.
Credit repair service?

Resources:
Five Simple Steps
The Motley Fool
The Church of Yahweh

Get Your Mind Straight. Get Your Money Straight.

In Money get out of debt fast, how to get out of debt fast, personal finance education

194 DSR – Your Relationship With Money

September 12, 2015

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What is money?
Your Energy. Blood, sweat, tears.

Don’t have enough energy?
If you didn’t you’d be dead.

Always Wanting More Energy?
You always have exactly the right amount.

Wondering why some people have more energy than you?
It’s not about them having more. It’s about how they spend/conserve what they have.

Action Tips:
Ask yourself, “If I want more money, why?”
Define “More.” Write it down.

Figure out how to:
Increase your dollar per hour earnings.
Increase your hours.
Increase your value in the market place.

In Energy, Money, Motivation, Personal Finance Education, Psychology, The Basics get out of debt fast, how to get out of debt fast, personal finance education

192 DSR – “The” Economy?

August 22, 2015

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The difference between “The” economy and your economy.
Whose economy is it anyway and why should you care?

The Dow recently dropped 531 points in one day. So what? It didn’t decrease my debt payments or put more money in my bank account. How about you?

Resource:
Debt Mess to Debt Less

In Government, Money, Money News, Personal Finance Education get out of debt fast, how to get out of debt fast, personal finance education

190 DSR – How To Save a Grand

August 8, 2015

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How can you possibly save a thousand dollars?

My wife Lynn inspired this episode. So we echo the advice of Rebecca @ helloprettybird.com and show you how to save $1k.

When you see the simple yearly savings plan she shares, you’ll kick yourself in the ass for not having the discipline to start earlier.

Resource:
How To Save A Grand

Book your complimentary consultation now:
Debt Mess to Debt Less

In Money, Personal Finance Education, The Basics get out of debt fast, how to get out of debt fast, personal finance education

189 DSR – Credit Card Spending

July 31, 2015

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Credit card spending. Friend or foe? We ask my friend Ahyh, founder of The Church of Yahweh, to share his perspective.

We discuss:
Revolving (compounding) interest and how it hurts you.
The difference between secured and unsecured debt.
Why using credit will always cost you more money.

Resources:
The Church of Yahweh

Book your complimentary consultation now:
Debt Mess to Debt Less

In Money, Personal Finance Education, The Basics get out of debt fast, how to get out of debt fast, personal finance education