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Tom Merlino Tom Is Inviting You To Follow Him On His Journey To Get Out Of Debt public
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Best Tom Merlino Tom Is Inviting You To Follow Him On His Journey To Get Out Of Debt podcasts we could find (updated November 2019)
Best Tom Merlino Tom Is Inviting You To Follow Him On His Journey To Get Out Of Debt podcasts we could find
Updated November 2019
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The Follow Me out of Debt podcast is an easily-digestible show that's brought to you once a week, every week. Tom has taken the advice from well-known authors and show hosts, including Dave Ramsey, Clark Howard, and others - and is combining this into his own personal strategies to show you what works (and what doesn't) to get out of debt and get into prosperity.
 
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Why do we do the things that we do to get out of debt, and why is this such an important question to ask ourselves? If we can define our reason why we do what we do early on, we'll have a much greater chance of success. Define your why, determine how you will execute your action plan, focus on one debt at a time, and use the reason that you sta ...…
 
Have you received a letter in the mail asking if you want to participate in debt settlement? Many times, the letter or the commercial that you see on television or hear on the radio about this particular topic might also be referred to as debt relief. In any case, this is rarely a good idea. I would never recommend that someone actually signs u ...…
 
It's time for a monthly check-in to discuss what I've been up to as it relates to getting out of debt and getting into prosperity. I think that it's a good idea for us to touch base once a month to see where things are at on my personal journey to get out of debt and get into prosperity, and hopefully it inspires you to continue forging ahead w ...…
 
Discover today how credit card companies and other similar entities try to keep us in debt and why. There are many different ways that credit card companies will utilize different perks, fee discounts, rate discounts, and other schemes to make us not only feel that their credit card is part of our financial well-being but will also be something ...…
 
Why should you focus on one debt at a time? The quick and easy answer to this question is that it is much easier to process smaller bites of something rather than taking everything on all at once. When we hone in on that one debt that we're tackling right now in particular and give it our focused attention, we'll find that we'll have an easier ...…
 
It's time to go on a financial diet. Akin to realizing that you've put on a few extra pounds and want to go on a diet to lose some weight, we can come to the realization that we've taken on too much debt and now need to decrease the amount that we owe. It's one thing to go on a diet, but it's a completely different thing to define the why befor ...…
 
It's time for a monthly check-in to discuss what I've been up to as it relates to getting out of debt and getting into prosperity. I think that it's a good idea for us to touch base once a month to see where things are at on my personal journey to get out of debt and get into prosperity, and hopefully it inspires you to continue forging ahead w ...…
 
Your credit score is more than just a number that financial institutions use to offer lines of credit or loans. The credit score for most people is an important number because there are other entities that will use your credit score to help them to know a little more about you. Two good examples of this are insurance companies and prospective e ...…
 
Whatever you do, don't let debt define you. You are a completely separate entity from your debt. As a matter of fact, you are the one who will be putting that debt in its place, and this is going to happen sooner than you think with the right mindset. Before we get into that, let's discuss what happens when we've been in debt for a long time. W ...…
 
When forming our spending habits, using cash is an absolute necessity. It is usually difficult to truly change our spending habits if we've been accustomed to using credit cards for a while and try to transition to only using our debit cards. Plastic is plastic is plastic, and until you get yourself accustomed to the feel of using paper money a ...…
 
How much should your starter emergency fund amount be? Many times, you will hear that your starter emergency fund should be $1,000. Is that really enough for you? Is that even something that you can realistically attain in order to get started? As I've said many times on this show, there is no cookie-cutter approach to personal finance. This is ...…
 
It's time for a monthly check-in to discuss what I've been up to as it relates to getting out of debt and getting into prosperity. I think that it's a good idea for us to touch base once a month to see where things are at on my personal journey to get out of debt and get into prosperity, and hopefully it inspires you to continue forging ahead w ...…
 
The emotion of fear can be a source of panic, or it can be a good friend nudging you towards accomplishing your goals. The decision is completely up to you, and it almost completely depends upon the lens that you use to view fear to certain stimuli. Whether you are on the instant knee-jerk reaction to fear side of the spectrum or on the more an ...…
 
If you can't afford to buy it twice, then you shouldn't buy it. If you follow this simple rule, it will make your purchase decisions better aligned with your overall goals to get out of debt and get into prosperity. It's very easy for us to make a decision to buy something by thinking about whether or not we can afford it. Many times, we either ...…
 
What is the best thing to do when you're having a bad day, week, month, or even a bad year? That first sentence sounds like the song from the TV show Friends, doesn't it? The reality is that many of us aren't sipping coffee in a coffee shop with our friends as life simply happens. We're in the trenches, and we're dealing with the day-to-day bat ...…
 
It's time for a monthly check-in to discuss what I've been up to as it relates to getting out of debt and getting into prosperity. I think that it's a good idea for us to touch base once a month to see where things are at on my personal journey to get out of debt and get into prosperity, and hopefully it inspires you to continue forging ahead w ...…
 
When is it appropriate to repair a vehicle as opposed to purchasing another? If you haven't had to ask this question yet, you will likely need to eventually. I recently had a situation where I discovered that while my vehicle is still drivable, I will eventually need to incur a somewhat costly repair in order to keep my vehicle roadworthy. Some ...…
 
Just as things start to get a little desparate, you'll notice the debt predators creeping out of the woodwork. You'll walk out to the mailbox or check your e-mail, and you'll see these various companies and other entities vying for your attention in order to explain to you how they can save you from your past financial mistakes. I will admit, s ...…
 
We've all been in a bad relationship at least once in our lives. We've all been in a situation where our best move was to end the relationship to benefit either ourselves or both people involved. Breaking up isn't easy to do, either. There are the memories, the leftover feelings, and the time invested in the relationship. None of these things a ...…
 
Many of us feel the weight of our past mistakes for a long time, and this weight prevents us from moving forward. This is especially true if you're feeling like you have passed a certain age and look back to see people much younger than you making better financial decisions than you did. This makes you feel like you've missed out on an opportun ...…
 
Whether you acknowledge this statement or not, they control you. If you're wondering who I'm referring to, I'm referring to the credit card companies, loan companies, and any other entities that charge you money for borrowing their money. If you are under the false impression that you're in control when it comes to these institutions, it's time ...…
 
Discipline and behavior are closely linked with one another. As a matter of fact, they directly feed off of one another. Our behavior is incredibly important, and a large portion of what structures our behavior is our level of discipline that allows us to continue good behaviors and prevents us from going back to bad behaviors. As good behavior ...…
 
Have you ever asked yourself what if you didn't retire? In many places of the world, people view their lives as two completely separate entities: work life, retirement life. What if you blurred the lines a bit and made it all one in the same? Imagine being 100+ years old and still working. It may not sound like a great idea to you, but what if ...…
 
At the end of the month, do you find yourself asking where your money has gone? Unfortunately, for many folks, this is an all-too-common occurrence. The good news is that there is a way to stay focused and stay on track so that you'll find yourself in that sweet spot with personal finance success. If you'll keep this simple rhyme in mind and pa ...…
 
There is great responsibility that comes with being an expert. When you are an expert in your chosen field and have literally millions of folks tuning in to hear what you have to say on an almost daily basis, you have to be three times as careful with the content that you're putting out there. I'm not saying that an expert needs to be perfect. ...…
 
We're wrapping up our book study with our final principle of success. This principle has to do with the power of partnership in the context of kings and priests, but we're going to dive in a little deeper and discuss other points of this principle as well. Of course, with this being the conclusion of this particular book study, it's also a good ...…
 
We're heading into the final stretch of our book study and visiting the next four principles of success. These four principles are organically connected to one another from a financial prosperity standpoint, but each one deserves to be looked at both separately and diligently. At this point in the story, Antonio was approached by his brother-in ...…
 
It's now time for the fourth meeting between Antonio and Alessio. Prior to this meeting, Antonio is asked to meet with the feared merchant pirate, Ahmad. He first has an opportunity to seek Alessio's advice prior to the meeting, and it's a good thing that he did. Alessio provides Antonio with sound advice to help him with turning away from focu ...…
 
We’re currently reading about the third meeting between Antonio and Alessio, but prior to this, we learn about Antonio’s business partner, Milos. Milos also has a zest for life like Antonio, and the two made for great business partners. Before the third meeting could take place, Antonio and Milos had witnessed their factory burn to the ground. ...…
 
Financial prosperity is connected to soul prosperity. With that being said, a man must do whatever he can to provide for his family. At this point in the book, we find that Alessio has instructed his friend to meet him for midnight mass. As Antonio walked to the church, he was reminded of the words from his father talking about God and His grea ...…
 
Work hard and God will prosper you. This is the first principle that we're discussing today from the book, The Legend of the Monk and the Merchant by Terry Felber. Starting with a quick introduction of the characters in this book, you'll be quickly caught up to speed with what Julio is about to find out from his grandfather, Antonio. You'll fee ...…
 
Do you want to learn the principles of successful living? Over the next several weeks, we'll be diving deep into the principles outlined in the book, The Legend of the Monk and the Merchant by Terry Felber. This is one of those books that I find myself going back to reading time and again and with good reason. The story is not only an entertain ...…
 
If you don't play, you don't win. Or do you? As it was said by Joshua in WarGames: the only winning move is not to play. If you're not familiar with that movie, I'll digress for a moment by saying that you should definitely check it out sometime. While I'm showing my geeky side here, that scene in the movie was the first thing that came to mind ...…
 
It's sad but true. Not everyone wants you to succeed. The sooner that you realize this, the better that it will be for you. You don't want to waste your time if you are continuously getting negative feedback from a particular individual. This person in your life could be a friend, a family member, or possibly neither of those. It really doesn't ...…
 
Have you ever stopped to realize how fortune truly favors the bold? The first time that I heard this saying was when I had watched The Founder, the movie about how Ray Kroc had founded McDonald's, or rather, how he built a worldwide empire by essentially rethinking what the McDonald brothers had started and transforming the concept into somethi ...…
 
It's one thing to have a goal to get out of debt, but how long will it actually take you to reach that goal? Believe it or not, the answer to this question is incredibly important to consider. When we start a journey to get out of debt, we might start out of the gate strong but lose momentum as we continue along the path towards accomplishing t ...…
 
I've got some exciting news to share today! Tune in to find out this news, but more importantly, discover how you can also get to realize this same experience. What's important to note is that once we've reached a particular goal, even when it's a part of a larger goal, we need to utilize the momentum that we've been able to generate appropriat ...…
 
We all make mistakes. Here are some of the mistakes that I have made in the past, and I'm hoping that by hearing my account of previous errors, you'll learn a thing or two about what not to do. I'm also hoping that you'll realize that even if you have made mistakes in the past, it's never too late to start over and do things the right way. Keep ...…
 
What is something that you do well that others might pay you for to do for them? It's a serious question that, if answered correctly, could result in increased revenue that you can use to get out of debt that much faster. We all know that getting out of debt is a process, and the more weapons that we have to use towards destroying our debt, the ...…
 
It's incredibly important to stay positive even while we're in the negative. Let me tell you how to do just that. Sometimes it's about attitude, but more often, it's about action. Many of us are starting our journey to get out of debt and get into prosperity from a negative net worth. The situations that we find ourselves in sometimes can be ju ...…
 
Beware of this new scam that may be hitting your mailbox soon (if it hasn't already). This scam targets folks who are getting desperate or folks who want to get on the fast track to reducing debt expenses in the form of reducing the interest rates on credit cards. While this is definitely a scam, the notice being mailed out to folks does appear ...…
 
Close friends, relatives, and even some not-so-close individuals may offer us their opinions, and sometimes those opinions may come to us in the form of ridicule. It could be because the individual is envious, or they may not completely understand why you are doing what you are doing. Whatever the reason might be, the important thing is to not ...…
 
It's time for a quick anatomy lesson. This lesson will be much different from what you might have been used to in high school or college courses. This particular lesson is focusing on the anatomy of a credit card. What makes us desire to open a credit card to begin with? What draws us to trying and applying for credit cards, paying interest on ...…
 
As a personal trainer, wife, and mother, Amberly Lago was living the California dream until it turned into a nightmare in May 2010. As she rode her Harley down Ventura Boulevard on that breezy, sunny day, Lago was hit by an SUV, throwing her thirty feet down a busy street and shattering her right leg. After months in the hospital and thirty-fou ...…
 
What do you do once you and your spouse have finally come together and are on the same page? You may not be there quite yet, but eventually, you will be. It's important to know the next steps that you'll need to take in order to move forward as one towards accomplishing your goals. While many folks may have many different ways of working togeth ...…
 
Let's take a moment to reflect back on the year and see what we've accomplished and what we need to do in order to keep moving forward. It's important to end the year by celebrating some wins, coming up with different strategies for the losses, and making sure that we start the new year on the right foot overall. Forward momentum heading into a ...…
 
It's about time for us to have a conversation. Let's get on the same page and close out 2018 with community and get on track to a prosperous and successful 2019! If you haven't already done so, please join in on the conversation at https://facebook.com/followmeoutofdebt. God bless!
 
There is a specific moment in our lives that we can pinpoint when we've finally had enough. This is the moment that I like to refer to as the turning point. It's a point when we actually feel ourselves doing something so dramatic that we almost don't recognize the person looking back at us in the mirror! When the spark of change comes, it's imp ...…
 
Why is determination so important when we're trying to get out of debt (or trying to accomplish any other goal)? One reason is because determination in of itself is a natural motivator that keeps us going. This is incredibly important when it comes to accomplishing our goals. Often times when we realize that there's a problem, this will cause t ...…
 
You don't want to cut up those credit cards just yet, even if you are getting out of debt. The primary reason is because of the hit your credit score might take. You'll want to at least take this into consideration because a healthy credit score is still important. Of course, if you're someone who may go back to bad habits once you have paid do ...…
 
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