How Minimalist Living Can Help You Pay Off Debt

The Rachel Cruze Show

Ramsey Network

Education, Investing, Business, Self-improvement

4.8 • 3.6K Ratings

🗓️ 21 January 2019

⏱️ 37 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stephanie and Taylor Shivers were pretty much drowning in debt. Between student loans, medical bills and living expenses, they owed $142,000—which would take them 25 to 30 years to pay off. The happiest of moments in their lives were paired with an undercurrent of fear, anxiety and hopelessness related to debt. You can imagine, right? So, Stephanie and Taylor took a big step of faith: They sold their house. Talk about radical! In this episode, you’ll hear how debt affected their marriage on a practical and an emotional level—and if their plan of selling their home to pay off as much debt as possible worked. Aren’t you dying to know how it went? Plus, some of my favorite guests ever are on this episode. The Minimalists are here! Our messages are so similar, and during our conversation we talk about why stuff doesn’t equal happiness and how to make room for what really matters. Who set the standard of living in America today anyway? Who decided that you must have a garage with two cars in it, a house filled with all the latest and greatest technology, a home just for vacations, and a closet full of new, trendy clothes? I’m getting mad again just thinking about it! So in this episode, we’ll challenge the status quo. Learn more about Financial Peace University Meet with a Financial Coach Connect with The Minimalists Read the show notes

Transcript

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0:00.0	We have to do something. We can't just sit here with this mountain of dead.
0:05.1	Taylor and Stephanie Schivers did something so radical that I cannot wait for you to hear their story.
0:12.0	My card got declined in a fast food restaurant one day. We didn't know what we were gonna do.
0:16.5	The minimalists are here!
0:18.5	How might my life be better with less?
0:21.2	Everything that we have in our lives, it serves a purpose or it brings us joy.
0:26.5	Alright you guys, I can't believe it. But this is the very first episode of the Rachel Crucio Podcast!
0:34.5	Oh my gosh, I never thought those words would come out of my mouth.
0:37.5	But here we are and I am so pumped about this podcast because I have fallen in love with podcasts.
0:45.5	And I know those of you out there that listen, you're washing dishes, you're driving to and from work.
0:50.5	Like you may not be able to watch the Rachel Crucio on YouTube or Facebook, but you can listen to a podcast.
0:56.5	And so what I'm gonna do with this podcast is take some clips from the Rachel Crucio.
1:01.5	But give you guys some more of my thoughts around it because these segments are great and we only have a limited amount of time on the show.
1:08.5	And so I really wanted to give you guys again a deeper dive into this.
1:11.5	So first up were some guests that were on the show and their names are Taylor and Stephanie Schivers.
1:17.5	And you guys, they are incredible.
1:20.5	Like the things they've done in their life to get to the point that they're at, which you'll hear about in a second, is just remarkable.
1:26.5	And they did something so radical that I cannot wait for you to hear their stories.
1:31.5	So here is Taylor and Stephanie Schivers.
1:34.5	So we met in college.
1:37.5	We had a class trip that we took to Chicago.
1:40.5	She randomly popped up behind the seat and said, I know you have a girlfriend, but you have really pretty eyes and then disappeared.
	...

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