Dollars and Nonsense

E8: How Do I Get Out of Debt


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In this episode, Nate and Holly share the three key steps to breaking free from burdensome debt and never returning to it. Learn how to get serious about the bills crippling your wealth goals and how to change your financial outlook moving forward. Don’t let your debt control you any longer.

~ Access our FREE Infinite Banking Beginner course here:

https://livingwealth.com/beatinflation

~ Get resources and transcripts from this episode by visiting:

https://livingwealth.com/e8/

Plus, Nate and Holly offer more tips on how you can:

  • Be the architect of your financial plans
  • Identify the debt that’s dragging you down
  • Recapture your debt
  • Charge yourself interest and profit from it

~ Episode Takeaways:

Get serious about getting out of debt. Make it a desire instead of trying to live off a whim. Actually get a plan.

Banks are the biggest buyers of whole life insurance in the world. Would they buy a product that didn’t produce money for them?

Some don’t live with a plan. If there’s no plan to have money, there never seems to be any money.

Be the architect of your life. The easiest way to do that is to get rid of all those hands in your pocket from the banks.

Start saving money in a policy. Use the policy to take over the debt and start paying yourself exactly what you were paying everyone else.

You can get out of debt much quicker than you thought you could just by simply changing your process and getting serious about it.

Your dollar is just as valuable as any dollar you had borrowed. So you need to charge yourself interest.

 

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