Kicking $215,000 of Debt to the Curb (with Cindy Zuniga)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 19 February 2020
⏱️ 82 minutes
🧾️ Download transcript
Summary
Are you struggling with debt? How about a little inspiration? Cindy Zuniga paid off a LOT of debt in just four years. Like you, she finally realized she'd had enough and something had to change...so change she did. Today she'll share the struggle and her path out from deep debt, along with dispelling some myths about debt payoff strategies along the way. She'll also share how she successfully used a cool concept called "zero-based budgeting" to not just pay down debt but to curb her spending habits successfully. Additionally, she'll share some of the places she found inspiration to keep going on her long journey during her payoff process and after. If you saw Cindy's story on Good Morning America, you'll love this expanded interview with her today on Stacking Benjamins!
Plus, Fidelity Investments has some great news for savers: we're doing a good job saving collectively. However, some of us are (ahem) doing better than others. John Boroff, Fidelity's Director of Retirement and College Leadership joins us Joe's dad's shortwave radio to talk about not just the successes, but also why people have maybe been more successful so you can emulate those strengths. He'll also share some great ideas to save more if you're behind.
If you think that's all, it might be your first time here (so welcome!). Of course we'll throw out the Haven Life line to a lucky caller, share some of Doug's chocolatey trivia AND much, much more. Enjoy!
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Transcript
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| 0:00.0 | You know in today's world seems like the best treatments reserved only for a few. Well, |
| 0:04.4 | Discover wants to change that by making everyone feel special. That's why with your Discover card |
| 0:09.7 | you have access to 24-7 live customer service as well as $0 fraud liability, which means you're never |
| 0:16.5 | held responsible for unauthorized purchases. Finally, no matter who you are or where you |
| 0:21.6 | are in life, |
| 0:22.6 | you'll feel special with Discover. |
| 0:24.5 | Learn more at Discover.com slash credit card. |
| 0:27.3 | Limitations apply. |
| 0:28.4 | And now we're pleased to bring you our feature presentation. Live from Joe's mom's basement, it's the Stacking Benjamin Show. show. I'm Joe's mom's neighbor dug and welcome to maybe the biggest holiday of the year. |
| 1:05.0 | Happy National Mint Chocolate Day. |
| 1:07.5 | I've had my celebration planned for weeks. |
| 1:10.5 | I'm going to eat all my favorite mint chocolate treats all day long. |
| 1:16.0 | Speaking of treats, how about getting your budget in order? |
| 1:20.0 | It's a stretch, just roll with it. |
| 1:22.0 | Today we welcome the woman who paid down $215,000 in student loan debt |
| 1:28.0 | using zero-based budgeting. |
| 1:30.2 | Cindy Zuniga. |
| 1:31.8 | Plus, how are Americans doing at retirement saving? |
| 1:35.0 | We'll find out from the Director of Retirement and College Leadership at Fidelity, |
| 1:40.0 | John Boroff. |
| 1:41.0 | Of course, we'll still toss out the Haven Lifeline to a lucky caller, |
| 1:45.2 | that I'll amaze you with some of my delicious candy-themed trivia. |
... |
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