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Pure Hustle Podcast

EP 171 - Getting Out of Debt: Total Money Makeover Part 2

Pure Hustle Podcast

Pure Hustle Podcast

Entrepreneurship, Business:entrepreneurship, Business

4.8857 Ratings

🗓️ 2 August 2020

⏱️ 77 minutes

🧾️ Download transcript

Summary

In this episode we dive into some of the practical steps that you can start taking to get out of debt and start building wealth. Dave Ramsey’s strategies are effective and will change your life forever. Sign Up for listing services with Sellhound and receive 25% your first purchase or 25% off your first month of a Sellhound monthly subscription when using our affiliate link and promo code PUREHUSTLE25. By the way, everyone gets three free listings to try out before any purchases! Just go to Sellhound.com and subscribe using our promo code PUREHUSTLE25. Sign Up for Crossposting with Vendoo and receive 25% off your first month when using our affiliate link. In order to receive the discount, subscription must be purchased  from the same device used to create the account: https://vendoo.co/register?via=purehustlepodcast Purchase PHP Shirts: https://www.ebay.com/itm/392367249736 Donation link: https://www.paypal.me/purehustlepodcast?locale.x=en_US Below is a link to all the shipping supplies we buy through Amazon: https://www.amazon.com/shop/purehustlepodcast Bellow is a link to shipping supplies that we use: https://docs.google.com/document/d/1bR2h1PrrljhI5GKeQYWG6ubLOfkqSt0gLFmSxPm52nA/edit?usp=sharing Instagram - @purehustlepodcast Twitter - @purehustlecast Facebook - purehustlepodcast Youtube - Pure Hustle Podcast - www.youtube.com/channel/UCuEJMAB8GdoaPK7eLkKmAiQ --- Support this podcast: https://anchor.fm/pure-hustle-podcast/support

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Peeralsa podcast. I'm Mike. And this is Orlando and we're on episode

0:11.2

171. Yeah. Level up review. T.M. I almost said T.T.M. You're just going to throw some random... Total money makeover.

0:22.1

Total money makeover. That's right. Those who know, no. Drop it. Those who've gone through it,

0:27.5

no. And those who've picked up the book now. And I like this level of preview, far more than

0:33.4

the other one, even though you should still listen to the other one, because this is where it gets to the practical part. Like, this is what you do. The other one is more like theory. This is why.

0:41.4

Here's the myths. Here's what's true. And now we're getting to the very difficult tasks.

0:47.2

Yeah. Now, these are very difficult tasks. The nice thing is they're simple. One of the things I always

0:50.6

started- Wait, you just said they're difficult, but they're simple. They're simple. No, absolutely. One of the things I used to start my class with every year,

0:56.4

like one of my favorite writing prompts that I'd have students do, like day one was I'd make them

1:00.8

right. What's the difference between easy and simple? Right. And I'd make them describe the differences.

1:06.8

And, you know, usually I can like tease out of students that something can be simple, like running.

1:13.4

Running is simple, right? It's one foot in front of the other, right foot, then your left foot.

1:17.5

It's like the simplest thing you can do. It's not a difficult concept, but is it easy? Right. And

1:22.9

there's a difference there. Something can be simple, but it can be very challenging. And so the steps that we're

1:28.0

going to talk about today, these very practical steps can be very, very challenging. In fact,

1:31.6

I think that's the reason why he starts the book and with our first level of review for this

1:35.8

book, we discuss so much of the myths and the beliefs people have because you kind of have to

1:40.6

tear down the foundations of where people are, what their thought process is

1:46.0

on finances. Because as he says, and we're going to start with Chapter 5 today, as he talks about

1:52.3

in Chapter 5, is there is, the problem is most people are financially ignorant. And ignorant

1:58.4

doesn't mean, as he describes, that you're not smart.

2:01.5

It just means you don't know. You don't understand. And it's not because you're not capable of

...

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