Episode 6 - How to Save $1,000 Fast
Welcome to episode #6 of the Debt-Free Dad Podcast. If you want to get out of debt, paying off debt isn’t the first step, I know that sounds crazy, but so many people make this critical mistake. In today’s show, we are going to reveal the first step you should focus on and give you some ways to make it happen.
We are sharing tips to help you build your first emergency fund! If you want to get out of debt, paying off debt isn’t the first step, and I know that sounds crazy, but one of the primary goals you should have is to save. One of the reasons why people go into debt in the first place is because they don’t have any money, and that’s a bad habit that you need to break, and you want to replace it with a good practice like saving money.
According to a GoBanking Rates Survey: 58% of people have less than $1,000 in savings, and 32%, that’s 1/3 of the population have nothing saved at all.
What You’ll Learn
- Why saving is so hard.
- Why having an emergency fund is crucial in getting out of debt.
- Urgency is critical when you first get started.
- Tips to help you build an emergency fund.
Question of the Show
"Hey guys, I am having trouble getting my spouse on board with our finances. Can you guys offer some tips I could try to get them to care about this? I am stressed and I am tired of having to do this on my own."
Resources Mentioned
- 10 Money Saving Ideas You Can Start Today - FREE COURSE
- Brad's Totally Awesome Debt Freedom Planner
- For more help, and a step-by-step process to get started, enroll in Brad's FREE online course, LIFE WITHOUT PAYMENTS.
Free Tools and Downloads at www.therealdebtfreedad.com
-Connect With Brad-
Website - https://www.therealdebtfreedad.com
Facebook - https://www.facebook.com/therealdebtfreedad/
Private Facebook Group - http://www.facebook.com/lifewithoutpayments
Instagram - https://www.instagram.com/brad_nelson_debt_free_dad/
Pinterest - https://www.pinterest.com/bradnelson0044/
LinkedIn - https://www.linkedin.com/in/balancedcents/
Thanks For Listening
Like what you hear? Please, subscribe on the platform you listen to most: Apple Podcasts, iHeartRadio, Spotify, Tune-In, Stitcher, Google Podcasts, YouTube.
We LOVE feedback, and also helps us grow our podcast! Please leave us an honest review in Apple Podcasts, we read every single one.
Is there someone that you think would benefit from the Debt Free Dad podcast?
