Money School Podcast

How to Blast Your Debt Off the Face of the Earth In 10 Easy Steps


Listen Later

Debt is more than just numbers on a statement—it's a heavy burden that crushes dreams, erodes credit scores, and casts a shadow over your financial future. It's not just about the unpaid bills or the relentless interest rates.

For many, debt becomes an emotional weight, leading to sleepless nights, strained relationships, and a sense of hopelessness. In extreme cases, it can even lead to thoughts of suicide, leaving families devastated and financial legacies erased.

Have you ever felt trapped by the cycle of mounting debt and minimum payments? Are you anxious about the financial legacy—or lack thereof—that you'll leave for your family?

What if you could blow away that debt and start building wealth instead of constantly sinking deeper? What if there was a solution that could not only help you pay off your debt but also allow you to take control of your financial future for good?

Infinite Banking is a powerful financial strategy that allows you to build wealth by creating your own bank. It works by using whole life insurance policies to leverage your money, freeing you from the shackles of traditional debt repayment and high-interest rates. But this solution requires sacrifice.

In this episode, I talk about the 10 steps to blast your debt off the face of the earth. I also talk about how to use the Infinite Banking Concept to build wealth.

Things You'll Learn In This Episode

-Mental health and debt

Financial debt can lead to severe mental health struggles, including anxiety, depression, and even suicide. Why are people 3 times more like to have suicidal thoughts when in debt?

-Take 2 steps back for infinite steps forward.

Short-term sacrifices can help eliminate debt, paving the way for limitless future opportunities. How does taking 2 steps back lead to infinite steps forward?

-The importance of being around like-minded people.

Surrounding yourself with like-minded people fosters motivation and accountability in tackling debt. How can connecting with a supportive, goal-oriented group help you achieve financial freedom?

About Your Host

From pro-snowboarder to money mogul, Chris Naugle has dedicated his life to being America's #1 Money Mentor. With a core belief that success is built not by the resources you have, but by how resourceful you can be. Chris has built and owned 19 companies, with his businesses being featured in Forbes, ABC, House Hunters, and his very own HGTV pilot in 2018. He is currently founder of The Money School™, and Money Mentor for The Money Multiplier.

His success also includes managing tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions. As an innovator and visionary in wealth-building and real estate, he empowers entrepreneurs, business owners, and real estate investors with the knowledge of how money works.

Chris is also a nationally recognized speaker, author, and podcast host. He has spoken to and taught over ten thousand Americans delivering the financial knowledge that fuels lasting freedom.

Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you!

...more
View all episodesView all episodes
Download on the App Store

Money School PodcastBy Chris Naugle

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

61 ratings


More shows like Money School Podcast

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,768 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance,  Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, Starting a Business

3,863 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,916 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,402 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

14,031 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

419 Listeners

BiggerPockets Money Podcast by BiggerPockets

BiggerPockets Money Podcast

3,085 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

515 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

721 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

290 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,131 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

130 Listeners

The Infinite Wealth Podcast by Infinite Wealth Consultants

The Infinite Wealth Podcast

54 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

837 Listeners

The Money Multiplier Podcast by The Money Multiplier

The Money Multiplier Podcast

28 Listeners