Archives For how to get out of debt fast

157 DSR – I Am The Hunter: Money = Food

April 3, 2014 — Leave a comment

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paleo-diet

Are you the sole bread winner in your family? Is your attitude “It’s my way or the highway?” Why this is hurting you, yours, and society.

1) The caveman days.
2) Modern hunting tools (debit/credit card, cash) @ grocery store.
3) Your behavior with money is shaping the future of society.

Resource:
Mean Genes: From Sex to Money to Food: Taming Our Primal Instincts

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Money, Psychology, Survival, Work , ,
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156 DSR – Family Based Lending

March 27, 2014 — Leave a comment

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Family-money

1) If we’re going to borrow money, why from a bank?
2) Why not from a family member?
3) Not having the money to lend is why we don’t.
4) Knowing people’s business is why we don’t.

– Draw up a promissory note. Take collateral (if possible). If a family member is irresponsible, don’t lend. If you borrower from a family member, pay it back. Don’t assume you don’t have to and it’s OK just because it’s family.

– Decrease dependency on banks (strangers), keep wealth in the family/community, teach each other to save/build wealth. Stop giving money to corporations that don’t care about you (Wall Street).

Resource:
kiva.org (micro lending around the world)
Lending Club
Prosper

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In credit, Money, Self Reliance, The Economy , ,
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155 DSR – Reaction Economy

March 20, 2014 — Leave a comment

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reaction

1) Listening to mainstream media and making decisions based on what you hear.

2) A seeming “emergency” comes up and you react by using credit cards to handle it.

3) The emotional stress the two can cause and why. Fear of the unknown. Loss of control. Anxiety.

Resource:
GoldSilver.com

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Money, The Economy , ,
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154 DSR – Price & Value Aren’t The Same

March 13, 2014 — Leave a comment

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Inflation

Standard of living and quality of life are not the same.

“It’s not that the stock market is gaining value… it’s that our money is losing value. And so if you have a debased currency… a devalued currency, the price of everything goes up. Stocks are no exception,” Peter Schiff

“The Fed knows that the U.S. economy is not recovering,” Schiff said. “It simply is being kept from collapse by artificially low interest rates and quantitative easing. As that support goes, the economy will implode.” Peter Schiff

Devalued currency is a result of inflation. Inflation is The Fed printing money at will. This is an intentional tax.

Why should you care? Your stock goes up in price and you falsely believe it’s a good thing. How many hours are you willing to work to buy a loaf of bread?

Resource:
The Money Morning

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Behind The Scenes, Government, Money, taxes, The Economy, Work , ,
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153 DSR – Your Financial Plan

March 6, 2014 — 2 Comments

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life-insurance-categories

Jim Rohn once asked a simple question:
If you shared your current financial pIan with me would you be so excited about it you’d want me to go around the country and share it with everyone I met?

Whose plan did you buy?
Is it working?
If not, why?

“Emergencies”
Do you borrow on credit cards to handle them?

The map is not the territory.
Your financial plan (or map) is a guide. It’s not your life.

Trying too hard can make you miserable.
Thinking I’ll never have enough – Why it’s not healthy.

Resources:
Die Broke – by Stephen Pollan and Mark Levine.

Jim Rohn – Anything

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Money, Motivation, Psychology, Retirement, Self Reliance, The Basics , ,
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152 DSR – The Beat of Your Own Drum

February 27, 2014 — Leave a comment

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drum

1) Resist conformity.
2) Born into contrast that appears to be conformity.
3) Why the world needs your uniqueness.

Quote:
“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our light, not our darkness that most frightens us. We ask ourselves, ‘Who am I to be brilliant, gorgeous, talented, fabulous?’ Actually, who are you not to be? You are a child of God. Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people won’t feel insecure around you. We are all meant to shine, as children do. We were born to make manifest the glory of God that is within us. It’s not just in some of us; it’s in everyone. And as we let our own light shine, we unconsciously give other people permission to do the same. As we are liberated from our own fear, our presence automatically liberates others.” – Marianne Williamson

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Motivation, Psychology, Spiritually Speaking , ,
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151 DSR – Kings, Peasants, & Taxation

February 20, 2014 — 2 Comments

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taxes

Why do we pay taxes? What are they used for? What if we stopped paying them?

If America is such a great country, why aren’t taxes voluntary? If we all love living here so much, wouldn’t we voluntarily pay them? Why are they extracted by force of law? Make taxes voluntary and see what this country would look like in 5 yrs, 10 yrs. etc.

1) Why do we pay taxes?
To keep the government running? The government is a corporation, a business. Businesses need money. Why does government take your money to operate it’s business but you have to use your own money to run your business?

2) What are our taxes used for?
To hide the invisible tax of inflation.

3) What if we stopped paying? Stop paying taxes and the corporation known as government will send its collections agent to visit. That agent is The Internal Revenue Service. Resist The IRS and you’ll have armed officers of the law to deal with.

Resources:
Ayn Rand
Comprehensive Annual Finance Report

Give us a call on our voicemail listener feedback line at 615-200-7189 or drop Greg an email at:
greg [at] debtshepherd [dot] com

In Government, taxes, The Economy , ,
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150 DSR – Brad from Nashville – Interview

February 13, 2014 — Leave a comment

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music city

What if you had a $300/week restaurant habit? Brad shares with us an area of spending he wants to cut back on.

We discuss:
– Admitting we have a desire to change our finances.
– Compartmentalizing areas of our lives and how it hurts us.
– Helping other people. The importance of service work.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email at: greg [at] debtshepherd [dot] com

In Interviews, Psychology, Spiritually Speaking, The Basics , ,
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