Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Original Show Notes: Become Debt Free Today we have David Auten and John Schneider with us. David and John run the popular personal finance blog, Debt Free Guys. They have written for Yahoo Finance, Huffington Post, Business Insider, MSN Money, Time and many more. They have also been featured in media such as Market Report, NASDAQ, Christian Science Monitor and others. When David and John met, despite having a combined 13 years of financial services they had a combined $51,000 of credit card debt. [2:39] How long did it take you guys to pay off your $51k credit card debt & how did you pay it off? ·       About 10 years ago ·       Realized it needed to be paid off ·       Friends were passing them by ·       Lived in a basement apartment ·       Itemized all expenses ·       Shifted spending habits ·       Debt lasso [3:1] What creature comforts did you have to cut back on? ·       Wine drinking ·       Lots of little things o    Cut cable [15:0] On your website, you point out that you guys are the o