2020 Money
Joseph Sangl, business owner, author, and leading teacher of personal finances, joins me on the show today. We talk about the catalytic moment that started his debt free journey and how helping others do the same has turned into his life’s purpose. If you’re just getting started on your journey this episode is packed with a ton of actionable (and simple) steps that you can take today. Enjoy!
Topics discussed in episode 30:
Joe’s journey with his own debt that started with student loans and credit cards
Joe’s catalytic moment that spurred him to want to be debt free and how this conversation with his wife happened
The importance of taking action to your debt free journey, no matter how small that step may be.
Practical ways in which Joe paid off his own debt and how he teaches people that now.
The parallel of salvation and our debts being paid.
How to overcome challenges that you will inevitably face on your journey to being debt free
When Joe knew he needed to teach being debt free to others
Why what you go through is your superpower
An inside look into Joe’s newest book
Links and resources:
My favorite takeways:
“18 year old kids have to ask to go to the bathroom, then they graduate and qualify for up to $250,000 in debt.” Adrian on how the system preys against young adults
“How crazy is it that we celebrate the birth of Jesus by going into debt?” Joe on budgeting during Christmastime
“I can’t change our past, but we can have grace for it.” Adrian on making actionable steps to change your future
“Take the one step that you know.” Joe on not knowing the big vision, but still moving forward.”
“Most people are one or two steps away from completely changing the trajectory of their finances.” Joe on encouraging everyone to take their next step
“When you have savings, you cut off a need for future debt.” Joe on the importance of saving at least one month’s worth of expenses
“There is no life like a debt free life.” Joe on removing the bondages of debt
“Form good habits, they are just as difficult to break as bad ones.” Joe on creating good habits to live the generous life
“If you don’t have a clear vision for your life, you won’t have a clear vision for your money.” Joe on finding a fully funded life
