There’s an age-old saying that says, “Knowledge is power.” In conjunction with this, some people also say, “Experience is the best teacher.” But if you are offered an experience that will redefine your knowledge, will you take it?
Many people consider that time is of the essence when it comes to paying off debt. This results in the loss of confidence in the idea of achieving their goals once they age past their prime. Is it really too late to chase dreams past the age of 40?
These questions are answered by our guests, James and Kelly, on today’s episode of The His & Her Money Show, as they talk to us about how they paid off an astounding $120,000 of debt in 4 years—starting their journey after the age of 40!
It’s more about behavior and discipline than it is about head knowledge.
After a long time living what other people may consider a normal life, James and Kelly noticed that they were unable to save money because they’d succumbed to living from paycheck to paycheck. The desire for a better retirement enabled James and Kelly to build up the determination to seek out help and knowledge, bolstering their effectiveness in paying off their debt.
“With age comes wisdom,” they say, and all the wisdom James and Kelly gathered from the beginning of their journey towards debt-freedom, have been passed down to their children. James and Kelly are confident that their children will have a future that will be more secure and comfortable, and their legacy passed for future generations to come.
What You Will Learn
- Why listening to other people’s stories helps inspire you to pursue debt-freedom.
- How James and Kelly got themselves resolved to the same ultimate goal.
- How James and Kelly were able to pass on their life lessons to the next generations.
- The biggest lessons they’ve learned over the course of paying off their debt.
- What changed in their mindset as they go through the process of paying off debt.
- Their inspirational talk for people who are doubting themselves from their ability to paying off their debt.
Resources Mentioned
- Total Money Makeover — Dave Ramsey
- Retire Inspired — Chris Hogan
Thanks For Listening!
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