How Mike and Tawra Became Debt Free On a $22,000 Income
The His and Her Money Show
Talaat and Tai McNeely
4.9 • 1.2K Ratings
🗓️ 31 August 2016
⏱️ 43 minutes
🧾️ Download transcript
Summary
Many people get into debt not just because they spend too much, but at times circumstances arise in life where some feel forced to use their credit cards. Paying your debt sometimes involves sacrificing a lot of comfort and desires, but it doesn't have to feel that way forever. We have a lot to cover as we talk with Mike and Tawra in this episode, as they share with you how they got out of their $20,000 debt despite only earning a $22,000 income.
Mike and Tawra went through fortuitous unfortunate events that caused them to slip deep into debt, even as they started off paying Mike's initial debt before marriage. They were focused and had their minds made up that they were going to rid themselves of their debt once and for all. They put to practice some strategies that helped them spend less and get a better approach to spending their money wisely, even after paying their debt off.
Mike and Tawra provide lots of money-saving content on their site Living On A Dime. They also have plenty of books and eBooks available to help you minimize expenses on cooking, groceries, and lots more.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the His and Her Money Show, where we talk about managing money, marriage, and everything in between. |
| 0:08.0 | Now here are your hosts. America's number one money couple, Tallit and Ty McNeely. |
| 0:14.8 | Welcome back to an all new edition of the His and Her Money Show with America's |
| 0:18.8 | number one money couple. I'm Tallit and I'm Ty and we're from his and her money |
| 0:22.9 | Where we're managing money marriage and everything in between we're glad that you guys are here with us for another great show another great debt free story that we know you're gonna love and and be inspired by. So buckle up and hold on |
| 0:34.5 | because this show is going to set you on the course to financial freedom. But first let's |
| 0:39.2 | give a shout out to the show sponsor and today's sponsor is Policy Genius. |
| 0:44.0 | Listen, this is your go-to spot to meet all of your insurance needs. |
| 0:48.0 | All you have to do is go to his and her money. |
| 0:50.0 | com slash Policy Genius and there you will find a free tool where you can |
| 0:55.5 | input your information and get free quotes from multiple reputable insurance |
| 1:00.3 | providers to help you make an informed decision when it comes to your insurance. |
| 1:04.8 | So no longer do you need to be walking around without the proper amount of insurance when you can |
| 1:09.8 | go to Policy Genius. |
| 1:11.8 | Just head over to His and Her Money. |
| 1:13.2 | dot com slash Policy Genius. |
| 1:16.0 | And now it's time for the iTunes five-star review of the day. |
| 1:20.4 | Now this review comes from Valgell Teach. They say great payoff stories. This is a great |
| 1:26.0 | husband wife show. They have two main types of shows ideas on budgeting, ways to earn more |
| 1:30.8 | and payoff stories. I love the payoff stories. |
| 1:34.1 | The host let the guests tell their stories |
| 1:36.1 | and asks great probing questions. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Talaat and Tai McNeely, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Talaat and Tai McNeely and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.