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“It's really important that we understand that all the financial systems are rigged against the average person,” says host and financial expert Richard Schaffer. According to Richard, the average American is unknowingly losing thousands of dollars each year to large financial institutions. While we cannot control things like interest rates or inflation, we can begin to bank like a banker and affect our personal outcomes.
The unfortunate reality is that most American families are losing over 3% of their annual income, making this the highest rate of inflation in over 30 years. It is important more than ever for you to be controlling your money and how you spend it. Richard tells his clients that a simple way to decrease spending is to take a look at bank statements from the last 90 days and evaluate where money is being wasted. Richard explains that you would be surprised at how much money you could save each month just by cutting back a little.
You don’t need to force yourself into a hardcore restrictive budget when saving money could be so much easier! Tune into this week’s episode of Debt Dr 911 to learn tips on saving money, how to get rid of unnecessary spending, and how to start planning for your future of financial freedom.
Quotes
• “Life doesn't stop, and it's imperative that we really start to begin to make the timing right, because time is not on our side.” (03:20-03:28 | Richard Schaffer)
• “It's really important that we understand that unfortunately when it comes to money, all the systems are rigged against the average person.” (05:22-05:29 | Richard Schaffer)
• “Get an accurate, honest accounting of where your money's going.” (12:56-12:59 | Richard Schaffer)
• “Pay yourself first and spend what's left. Don't spend first and then save what's left because guess what will be left? Nothing.” (19:35-19:41 | Richard Schaffer)
• “Get out of low ownership of your money and get into ownership of your money.” (20:49-20:53 | Richard Schaffer)
Links
To follow our podcast please go to DebtDr911.com
To schedule a FREE Payoff Analysis please go to MoneyMaxNow.com
Please give us visit, like, or follow us on social media:
Website – www.NoDebtNoMore.com
Facebook Page – https://www.facebook.com/stldebtdr
Twitter - https://twitter.com/DebtDoctorStL
Instagram - @thedebtdr
LinkedIN - https://www.linkedin.com/in/debtdr/
LinkedIN Biz Page -https://www.linkedin.com/company/debtdoctor911
Podcast production and show notes provided by HiveCast.fm
“It's really important that we understand that all the financial systems are rigged against the average person,” says host and financial expert Richard Schaffer. According to Richard, the average American is unknowingly losing thousands of dollars each year to large financial institutions. While we cannot control things like interest rates or inflation, we can begin to bank like a banker and affect our personal outcomes.
The unfortunate reality is that most American families are losing over 3% of their annual income, making this the highest rate of inflation in over 30 years. It is important more than ever for you to be controlling your money and how you spend it. Richard tells his clients that a simple way to decrease spending is to take a look at bank statements from the last 90 days and evaluate where money is being wasted. Richard explains that you would be surprised at how much money you could save each month just by cutting back a little.
You don’t need to force yourself into a hardcore restrictive budget when saving money could be so much easier! Tune into this week’s episode of Debt Dr 911 to learn tips on saving money, how to get rid of unnecessary spending, and how to start planning for your future of financial freedom.
Quotes
• “Life doesn't stop, and it's imperative that we really start to begin to make the timing right, because time is not on our side.” (03:20-03:28 | Richard Schaffer)
• “It's really important that we understand that unfortunately when it comes to money, all the systems are rigged against the average person.” (05:22-05:29 | Richard Schaffer)
• “Get an accurate, honest accounting of where your money's going.” (12:56-12:59 | Richard Schaffer)
• “Pay yourself first and spend what's left. Don't spend first and then save what's left because guess what will be left? Nothing.” (19:35-19:41 | Richard Schaffer)
• “Get out of low ownership of your money and get into ownership of your money.” (20:49-20:53 | Richard Schaffer)
Links
To follow our podcast please go to DebtDr911.com
To schedule a FREE Payoff Analysis please go to MoneyMaxNow.com
Please give us visit, like, or follow us on social media:
Website – www.NoDebtNoMore.com
Facebook Page – https://www.facebook.com/stldebtdr
Twitter - https://twitter.com/DebtDoctorStL
Instagram - @thedebtdr
LinkedIN - https://www.linkedin.com/in/debtdr/
LinkedIN Biz Page -https://www.linkedin.com/company/debtdoctor911
Podcast production and show notes provided by HiveCast.fm