Archives For how to get out of debt fast

056 DSR – 401k Fallout

October 10, 2012 — Leave a comment

Podcast: Play in new window | Download

I’m encouraging you to take a closer look at what your 401k really is. Not because I stumbled on the 60 minutes video above and now am sounding the alarm bell. I’m encouraging you because I’ve kept my mouth shut on this subject far too long.

I never tell people where to invest their money. That’s a very personal decision that should be done only after becoming educated about what you’re doing. I can tell you what I don’t invest in and that’s a 401k. It’s a savings plan that was designed so you won’t win.

High risk, low returns, zero control on your part. Hidden fees are just the tip of the iceberg. You have to truly understand what the stock market was meant to do. Check out the resource below and get the real skinny on Wall Street and how a 401k can mean financial suicide.

Resources:
How Wall Street Fleeces America

In Retirement , ,
permalink

052 Women Obtaining Wealth: Dina Harbour Interview

September 22, 2012 — Leave a comment

Podcast: Play in new window | Download

Screen Shot 2012-09-10 at 5.50.08 AM

Women Obtaining Wealth LLC is a unique wealth building and networking company geared towards bringing entrepreneurial men and women together for the purpose of enhancing the lives of people through health, wealth and education.

Debt Shepherd interviews Dina Harbour of Women Obtaining Wealth, LLC out of Atlanta, GA.

She shares with us:
Who is the real Dina Harbour?
She tells us her story.
Shares her favorite book.
Lets us know if she could change one thing about America, what it would be.
Reveals how she wants to be remembered and what her legacy looks like.
She reveals her number one piece of life advice.

Resources:
Women Obtaining Wealth

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Motivation, Self Employed , ,
permalink

050 DSR – The Importance of Financial Health

September 19, 2012 — Leave a comment

Podcast: Play in new window | Download

Health
Why is your financial health so important? Quite simply, because it’s connected to everything else. If your financial life is suffering, other areas of your life will suffer too. That’s why getting and staying healthy with your money is so important.

This audio is a 45 minute talk I gave at Bread of Life Ministries in Mt. Juliet in April 2011. I was invited to speak to about 10 or 15 folks that day. You’ll hear basic ideas and tips on how to improve your finances. I share a bit of my story of how my wife Lynn and I got started on our journey to improved financial health.

You can improve your financial health. It’s simple, but might not be easy. Everyone is different. It takes a willingness to change and action to move you in the right direction. If you want to see improvement in this area of your life you have to be ready, willing, and able to do what it takes to see results. You’ll get some ideas in this audio on how to get started.

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Health, Money , ,
permalink

049 DSR – The Power to Get Wealth – book review

September 17, 2012 — Leave a comment

Podcast: Play in new window | Download

Screen Shot 2012-09-17 at 6.21.51 AM

I was recently a caller on an internet radio show. The guest happened to be Keith Douglas. He’s the author of the book The Power to Get Wealth: No Money Required. I got to interact with both he and the host Jay King.

I came away with knowing how important it is that we define what wealth means to us. We spend most our lives chasing it in some form or fashion. So wouldn’t it make sense to clearly define what it is we’re spending so much time/effort pursuing?

The cool thing about the book title is that is mentions “No Money Required.” The secret to wealth is pretty simple. Wealth isn’t money, or possessions, or stuff. Wealth is inside you. It’s knowing who you really are. It’s knowing where your true source of abundance comes from. This is regardless of your religion. We all come from the same place.

Questions:
What does wealth mean?
How do I define it?
Why am I pursuing it?

Resources:
Get the book: The Power to Get Wealth: No Money Required
KeithDouglas.org
Radio Interview

Action:
Define wealth, write it down.
Ask yourself, “Whose definition of wealth am I pursuing?”

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Psychology, Spiritually Speaking , ,
permalink

The Story of Broke – Video

September 14, 2012 — Leave a comment

Annie Leonard reminds us we’re not broke. We’re squandering our resources.

We’ve been trained to think making more money will solve the problem. I say making more money isn’t the problem. It’s what we do with the money we already make that is the problem.

If we’re unhappy with what we already have, how will having more stuff make us happier? If I stink at managing $30,000 a year I’m going to really stink at handling $300,000 a year. Ouch! The rich are getting richer and the poor are getting poorer?

That may be true, but blaming it on government won’t fix it. And, more importantly, expecting government to change isn’t going to solve anything. Only when we learn to be better stewards of our current finances at home will we be able to expect others to do the same.

Want to change the economy? We should stop giving our money to people (or corporations) who don’t support our values. Before we take that step, how about sitting down and defining our values first?

Resources:
Story of Stuff

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Money , ,
permalink

048 DSR – Consumerism & Technology: iPhone 5 Hoopla

September 13, 2012 — Leave a comment

Podcast: Play in new window | Download

iphone

Why is the world so enamored with Apple products? Look at the corporate logo. It represents The Garden of Eden, creation, original sin. You think, subconsciously, you are literally connected to God when you buy their products.

Technology is NOT God. Apple wants you to think it is. Nothing will connect you to God but conscious effort through prayer and meditation. Your phone isn’t going to do it.

Resources:
Unslaved.com

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Spiritually Speaking, Technology , ,
permalink

047 DSR – Women Obtaining Wealth interviews Debt Shepherd

September 10, 2012 — Leave a comment

Podcast: Play in new window | Download

Screen Shot 2012-09-10 at 5.50.08 AM

I recently had the pleasure of being a guest on a radio show. The host was Dina Harbour of Women Obtaining Wealth out of Atlanta, GA. Her organization encourages others to pursue a life of passion which will lead them to their purpose.

We discussed:
What debt is really about.
The economy is built to keep you poor.
The truth about how money is created.
Why we continue to stay in debt over and over again.
How you can change your situation.

Resources:
Women Obtaining Wealth

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Interviews , ,
permalink

046 DSR – One Thing Money Can’t Buy

September 9, 2012 — Leave a comment

Podcast: Play in new window | Download

life
We’ve all heard money can’t buy me love, right? I’m suggesting the one thing money can’t buy is immortality on this earthly plane. What we ultimately hope to purchase with our paper dollars is eternal life here on earth.

Everything we do revolves around the fear of physical death. If I save enough money I’ll push death further into the future. We’re racing to beat this thing called “time.”

What we are really made of is eternal, limitless, forever. What we experience here on earth is temporary. Money is just a feeble attempt to extend life here on earth. It represents our deepest fear, which is death.

How can we escape from this prison called debt? One dollar at a time. Pay your debt off. Unplug from the system one small step at a time. It’s a journey, not a destination. Becoming debt free isn’t about zero dollars owed. It’s about the person you’ll become along the way.

Resources:
The Man Who Quit Money – by Mark Sundeen
The Creature from Jekyll Island – by G. Edward Griffin.

Action:
Ask yourself, “Why do I save money?”
Ask yourself, “What is the worst Bad Thing that can happen if I don’t have enough money?”

Give us a call on our voicemail feedback hotline at 615-200-7189 or drop Greg an email.

In Spiritually Speaking , ,
permalink