355. How to Pay Off Debt & Create Financial Freedom - with Kyle Depiesse

The Chris Harder Show

Chris Harder

Entrepreneurship, Business

4.9 • 1.5K Ratings

🗓️ 24 June 2020

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In This Episode You Will Learn About:

Operating from a place of being financially uneducated
Reaching a turning point when you've made a mistake
The formula for having tough conversations with your partner
Redefining what providing for your family means
Wrestling with your ego
Creating an emergency fund
Making an impact in the world
Getting a positive work-life rhythm

Resources:

Show Notes:

Kyle Depiesse is one of my one-on-one elite coaching clients. He is crushing it in life and business, and he was just able to take a HUGE weight off of his shoulders: paying off $400,000 in debt in just 38 months. But first, he had to tell his wife they were in that mess. Kyle shares actionable steps for having any type of tough conversation with your significant other, especially around finances, and outlines the steps he took to pay off his debt. We also discuss how this world forces people into operating from ego and making pre-programmed decisions around debt, and how you can start taking control and making better decisions.

Question Highlights:

How did you get into so much debt?
How did you tell your wife about this?
What was the hardest part of your debt repayment plan?
What's your take on having "good debt"?
Were you suffering until the debt was paid off or did you find a happy medium?
What's your 99 Days to Money Momentum course and who's it for?
Why is building homes and providing meals important for you?
Do you have a favorite moment of giving?
Should you wait until you're out of debt to start giving?
What can you say to the person still sabotaging their own thoughts?
How can you help men whose work life rhythm is out of whack?

Guest Bio:

Kyle is the Creator and Founder of the Reaching Beyond Experience rooted in assisting others in achieving their highest level of fulfillment in how they connect with others, connect with themselves, and build their careers. After 15 years in corporate America, hitting rock bottom and completely burned out, Kyle left everything to start designing a life around fulfillment. Since 2015 he has spent a season as a stay at home dad, finished an Ironman, started his own business, started a podcast, and along with his wife, paid off almost $400k to become completely debt-free!

Now he leverages his story to design destination experiences and coaching offerings to help his clients get the clarity they need to build their definition of a fulfilling life.

Follow me on social media @ChrisWHarder on Instagram and check out www.ForTheLoveOfMoney.com

Transcript

Click on a timestamp to play from that location

0:00.0	It was in that rough conversation that I felt just the way of the world lift off my shoulders a little bit and in that moment we as a couple enrolled in a financial literacy program together.
0:15.0	Welcome everybody.
0:20.0	This is for the love of money where we are making you
0:24.6	unapologetic about your pursuit of success by sharing the tools tips and
0:29.6	stories of those who have already made it.
0:32.5	My name is Chris Harder,
0:34.1	and each week I will bring you incredible guests
0:37.3	in order to prove that when good people make good money,
0:40.5	they do great things. Hey everybody, welcome back to another amazing episode of For the Love of Money.
0:50.0	I cannot wait for you to hear today's episode because I'm sitting down with a very good friend and one of my one-on-one very elite coaching clients, Kyle Deppiest.
0:59.3	Now here's why I'm excited though, not just because I think so highly of this individual because he's
1:04.0	crushing it in life and in business, but more importantly because he paid off
1:07.6	four hundred thousand dollars in debt in about thirty-eight months.
1:11.6	And it wasn't as easy as like,
1:13.2	oh, I'm gonna go on a budget and I'm finally gonna clean up this mess.
1:15.6	Now, he had to first tell his wife
1:17.8	that they were in that situation.
1:19.6	And so Kyle actually in this episode shares
1:22.3	very actionable steps on how to have any kind of tough conversation with your significant other especially around finances.
1:29.0	He talks about the different steps he took in order to pay off debt.
1:32.0	So if any of you are in debt, you can just follow the steps that Kyle gives you in this episode and already start to write the ship.
1:38.8	And we're going to talk about how this world really forces everyone, but especially men into operating from ego
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Chris Harder, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Chris Harder and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.