Sinopsis
My wife and I went from a negative net worth of $70,000 to no debt, thousands in savings, and a paid-for house. We did not win the lottery or receive an inheritance...we simply PAID ATTENTION - NOT INTEREST. Ive been inspiring others to pay off their debt, live without credit cards, and avoid the distractions of building credit scores in order to build wealth instead. Below are 5 years of encouraging and educational episodes to help you spend wisely, save more, and escape the trappings of debt. More information at http://MoneyPlanSOS.com
Episodios
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Real Life Case Study with Kelly Brantley
21/06/2011 Duración: 47min#21: In this Real Life Case Study episode we talk about a couple who have $57,000 in credit card debt and $23,000 in student loan debt. They bring home $4,500 a month but are behind with 8 of the 13 cards and are beginning to worry about being sued. It is a scary time for them and they didn't have a MoneyPlan. Our guest coach is Kelly Brantley from Financial Freedom Counseling Service in Ruston, LA. She is a Dave Ramsey Certified Counselor who has been helping individuals, couples, churches, and businesses with their personal finance challenges for over 3 years. You can find more about her at www.DebtFreeWithKelly.com For more information, visit the show notes at
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Living Without Credit Cards Pt3
07/06/2011 Duración: 19min#20: Living Without Credit Cards takes more than just a pair of scissors and going cold turkey. This episode walks us through Step #3 to wean us off our dependency on plastic. Here is a recap of the steps so far: Step 1 - Take your cards out of your wallet and put cash in your wallet instead. Step 2 - Delete credit card numbers from your online accounts and use BillPay for online payments. Step 3 - Freeze your credit card accounts from any further charges and use the money you have been saving to build up your emergency fund. For more information, visit the show notes at
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Living Without Credit Cards Pt2
01/06/2011 Duración: 19min#19: We can't really live or give at our full potential unless we stop borrowing more money and eliminate debt. One of the first things we have to do to pay off debt is to stop borrowing more money. That means weening our dependency away from credit cards and using cash or debit. This episode covers Step #2: Delete your credit card numbers from all online accounts. Some cool side effects of this exercise: You may find some accounts you no longer need (magazine subscriptions) or you may re-visit some contracts (revise your cell-phone plan or cable subscriptions). Substitution or Solution: Use your bank's free online BillPay to pay for online purchases. Also, attempt to purchase things locally for at least 1 month instead of online, only using Debit when absolutely necessary. Holla From The Impala: Investing in the market - ya can't lose! For more information, visit the show notes at
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Real Life Case Story with Jen and Bob McDonough
25/05/2011 Duración: 53min#18: This is a real life story of a couple with four children who were normal Americans, made a lot of money, and enjoyed life. They had two cars with payments, a 2nd mortgage, spent $1,000 a month on dining, paid off credit cards with 401K loans, and thought they were doing great. But one of their four children caused them to sacrifice all that "living". Bob and Jen share their story of why they decided to make a drastic change in their life, including working 8 different jobs last year to pay off debt and START GIVING while paying off their ton of debt! Listen to their inspiring story of who they were, who they are now, and who they hope to become. If you were inspired to give and don't know where to start, why not make a donation to the Juvenile Diabetes Research Foundation at . For more information, visit the show notes at
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Living Without Credit Cards Pt1
19/05/2011 Duración: 22min#17: Americans are dependent on their credit cards. But you can live without credit cards, it just takes some time and effort. In this episode we talk about the very first action step you need to take. It's the hardest step to take, even though the action is very easy - it's just hard to stick to it. We also discuss a solution or substitution on what to do instead of using plastic by talking about how the envelope system works. Holla From The Impala: Leaving money on the table is NOT smart money management For more information, visit the show notes at
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DOs and DONTs for Engaged Couples - MPSOS016
08/05/2011 Duración: 19min#16: Financial Coaching at it's best from America's Personal Finance Architect, Steve Stewart. Helping everyday American's build a solid foundation on which to build their financial lives. In today's episode: Jon White from JWFinancialCoaching.Wordpress.com offers this article about the DOs and DONTs for engaged couples. Did you listen? Then go to the Facebook FanPage "Ask MoneyPlanSOS" and answer the poll for this question: You have $10,000 in credit card debt at 10% interest and $15,000 owed on your car at 5% interest. Your fiance' has no debt, $10,000 in savings, and expects to get a $2,000 bonus next month. Where should the $10,000 in savings go? On Holla From The Impala: A Bad Good Investment And Art Milbert tells a story about Discouragement. For more information, visit the show notes at
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Real Life Case Study with Matt and Janelle Wegner
27/04/2011 Duración: 47min#15: In our Real Life Case Study we are joined by Matt and Janelle Wegner, a married couple with their own podcast called Living In Financial Excellence (LIFE). For more information, visit the show notes at
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Become A Coach with Justin Lukasavige
18/04/2011 Duración: 57min#14: I am often asked - Steve, how can I become a Dave Ramsey Coach? I'm no expert, but I can direct them to some incredible resources. Two of them come from Justin Lukasavige, Storywriter at CoachRadio.tv and author of Become A Coach. In this interview I ask Justin about who should become a coach, how to make it work as a business, and what are the liabilities in being a Financial Coach. We also discuss the changes in Dave Ramsey's Counselor Training program, which we consider the best around. For more information, visit the show notes at
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What is Leverage? And Spending Quarters for Lotto
12/04/2011 Duración: 27min#13: Leverage is a term used in the housing industry, but everday Americans Leverage themselves all the time and don't realize it. For a full list visit The music intro is BREAKFAST WITH ZUES by CRESSIDA and it's KICKIN!
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Real Life Case Study with Melissa Cappleman
29/03/2011 Duración: 30min#12: Coach Melissa Cappleman and I discuss the challenges of a single mom who is doing it all by herself with two children in private school but living in overdraft. There are some choices she can make to completely regain control and make a difference for herself, her future, and her children's futures. For more information, visit the show notes at
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I Lost It! And Justin Bieber Has A Coach? - MPSOS011
22/03/2011 Duración: 38min#11: Have you ever been totally derailed? Something unusual came up that just threw you off balance and you had to stop, get back up, and start moving forward again? That's what happened to me over the past few weeks. In the 1st segment, I talk about those weird things that derailed me. Also, updates on previous episodes a listener's email: Do I tithe on Unemployment? Holla From The Impala: Rapscallion or God's Helper? Finally: Justin Bieber has a coach, Michael Jordan has a coach, who is your coach? For more information, visit the show notes at
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Should I Tithe While In Debt?
02/03/2011 Duración: 19min#10: One of the most common questions I get from Christians is "Should I Tithe while in debt"? This episode discusses that topic in depth. For a full list of notes and resources
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Real Life Case Study with Gregg Pechmann
18/02/2011 Duración: 40min#9: We present a real life couple's real life financial challenges and give real life answers to the choices they can make when they feel there is nowhere to turn. In this episode we talk with Gregg Pechmann, America's Financial Freedom Coach at PechmannCoaching.com, who went through 7 SHORT SALES and lived to tell about it. He shares his wisdom in this case where a couple has a high income but also have huge debts and are behind on two trucks and a house. For more information, visit the show notes at
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How to Prepare for a Job Loss
15/02/2011#8: Michael TechTalk Kastler was fired just before Christmas. He asked for The First 5 Things You Should Do When You Get Fired. I didn't really answer his question but gave my thoughts on what to do when there is a job change in your future. You can listen to Michael's passion, talking about Technology, at http://TechTalk.WRLR.FM Also: Holla From The Impala - A Gallon Of Gas And finally: How did we get into so much debt? For more information, visit the show notes at
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Were Not Talking "Bonds": Episode 007
07/02/2011 Duración: 26min#007: A podcast James Bond would be proud of. Well, not actually. In today's show: 7 tools and tricks to keep you maintain control of your money and not get TRAPPED by marketing and consumerism! For a full list of resources and notes, go to
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A Real Life Case Study with Josh Levitt
26/01/2011 Duración: 30min#6: Dave Ramsey Trained Financial Coach, Josh Levitt, joins me in this Real Life Case Study. We talk about why married couples share checking accounts, how they can use the envelope system, and does it make sense to sell the house to get out of debt? For more information, visit the show notes at
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Steve Stewart's Absolute Simplest Budget That Works
19/01/2011 Duración: 30min#5: I’ve boiled the process down to the simplest elements and have come up with a signature process that will Show how far your money can truly go Foster communication between you and your partner/spouse Expose your true priorities – to yourself! For more information, visit the show notes at
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5 Things To Do If You Are Falling Behind
08/01/2011 Duración: 28min#4: There are 5 things that need to be in place before paying off debt and saving for the future: Get on the same page with your spouse or accountability partner Commit to never borrow money again. No more debt Prepare a written budget or spending plan TEMPORARILY stop saving money Get CURRENT on the necessities and bills/payments For more information, visit the show notes at
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Real Life Case Study with Don Current
23/12/2010 Duración: 59min#3: A Real Life Case Study with Don Current of Current Finances. Don is also a Dave Ramsey Trained Coach who “Helps You Take The Worry Out Of Money”. He is our guest coach on this episode where we discuss the financial challenges of a couple who wants to change their financial life. For more information, visit the show notes at
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Three things that help make you rich
07/12/2010 Duración: 15min#2: There are three things anyone can do that will help lead them onto a path of financial freedom and become rich. Also, Holla From The Impala: I'm Spoiled!!! ... and The Black Pebble story. For more information, visit the show notes at