How Jen McDonough Successfully Paid Off $212,000 Of Debt Despite Losing Her Job
The His and Her Money Show
Talaat and Tai McNeely
4.9 • 1.2K Ratings
🗓️ 30 December 2014
⏱️ 36 minutes
🧾️ Download transcript
Summary
Being in debt sucks. Being in debt while losing your job, and facing health issues sucks even more. Despite all of these circumstances being in her life, Jen McDonough still found a way to persevere, and successfully eliminate $212,000 worth of debt and medical expenses.
Four years ago, Jen McDonough found her family hitting rock bottom when their son was diagnosed with a lifetime medical condition. They were devastated both financially and emotionally. During this very painful, embarrassing, and difficult time, they went through many obstacles in not only in their finances, but also in their relationships, health, and careers.
In this episode of The His & Her Money Show, Jen shares all of the details of her journey from being deep in debt, to totally debt-free in a matter of only four years. Her story is a powerful testimony that no matter what the odds are against you, becoming debt-free is totally possible.
In her current roles as a motivational storyteller, Amazon Top 100 author, and Internet radio show host, Jen McDonough aka The Iron Jen, motivates, encourages, and inspires audiences to overcome their obstacles to become their greatest selves.
Transcript
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| 0:00.0 | Hey, it's Teller. And this is Ty. This is the His and Her Money Show, episode 24. |
| 0:06.0 | This is the His and Her Money Show, where we talk about managing money, marriage, and everything in between. Now here are your hosts, Tallent |
| 0:16.4 | Ty Macmealy. Welcome back to another edition of the His and Her Money show brought to you by His and Her Money. |
| 0:27.0 | Today is another great debt-free story and we can't wait to share it with you guys. |
| 0:32.8 | Don't you just love these death-free stories? |
| 0:34.2 | I love them because they are so inspiring. |
| 0:37.2 | They get you so fired up, they get you so motivated, |
| 0:40.0 | and they let you know that yes, real people everywhere are making this happen |
| 0:44.3 | and we heard you guys we are listening you all are loving them as well so we're |
| 0:49.0 | gonna just keep bringing them to you let's jump in and find out how Jen McDonough eliminated all of her debt and is now living a debt-free life. |
| 0:58.0 | Let's get started. |
| 0:59.0 | Live on the line today. We have a very special guest. we're joined by Jim McDonough who has |
| 1:05.1 | successfully paid off over, get this now, over $200,000 of debt and medical expenses you all. This is going to be an amazing, amazing interview. |
| 1:19.2 | Jen, welcome to the show. |
| 1:20.5 | Hi Jen. |
| 1:21.5 | Oh my gosh, thanks for having me on you guys. |
| 1:23.0 | This is so fun. |
| 1:24.0 | Awesome, we're so glad that you can come on and share with our audience. |
| 1:28.0 | Now Jen, can you give us a little background on yourself on the personal level as well as a professional? |
| 1:33.0 | Oh yeah, well I am a mom to four awesome kids. |
| 1:37.0 | It's my favorite role in the world. |
| 1:38.8 | Love getting to be mom. |
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