Feb 13 2024 44 mins
If you've ever avoided looking at your finances in detail because, supposedly, ignorance is bliss, this episode is for you.
Trevor and his wife were living a "budget blind" life, with no real awareness of how much money they had or what they could afford, and it led to owing $125K to 29 different creditors, including $75K in back taxes owed to the IRS. They navigated multiple jarring layoffs, falling behind on their mortgage, taking out a 401k loan that they then couldn't pay back, and foreclosing on their home. After facing reality in 2018 and making consistent debt payments for ~4 years, they paid off their last debt and felt the joy of no longer owing anyone a dime. Listen to Trevor's experiences to hear how he and his wife dug their way out of debt and could finally go on offense again with their money.
If you have a story to share and are interested in being on this podcast, reach out to Jeff at [email protected].
For more information about Jeff and the coaching services he offers, check out his website at www.wisemoneymentor.com.
Create your podcast today! #madeonzencastr