7/26/2023 0 Comments Im in debt up to my eyeballs![]() ![]() ![]() The truth is that this basic advice is also at the backbone of virtually every personal finance book you’ll check out at the library, too. That’s what every single one of those programs boils down to, with the “do something smart” varying a little bit but usually starting with “paying off your debts as fast as humanly possible starting with your highest interest debts.” ![]() Spend less than you earn, make that gap as big as you can, and do something smart with that gap. Here it is – the core secret behind all of those “get out of debt quick” and “get rich quick” plans that sound enticing on the radio. All you have to do is start following the plan. It’s a super simple financial plan that I absolutely guarantee will get you out of debt really quickly and help you start building wealth faster than you know it. The thing is, all of them are usually selling some minor variation on the same plan. They really do make it sound like all you have to do is sign up for this program or go to this seminar and suddenly all of your financial problems are solved. I’m always amazed at the incredible claims that these programs make. You’ve heard them – they’re the kinds of ads that talk about getting out of debt really quickly or building wealth quickly or things like actually turning your debt into wealth. I usually keep turning the dial, but for some reason, I always stop on the ads talking about people’s money. One thing I often hear as I’m spinning the radio dial are advertisements for all kinds of things: local restaurants and car dealerships and so on. I actually really like local radio shows that cover things that are actually going on in that area, so I’m usually seeking out things like that. Whenever I’m on a road trip and I don’t happen to have an audiobook or a podcast available, I’ll spin the radio dial and listen for something interesting. ![]()
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