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(💸27/40) 5 Hidden Money Traps Keeping You in Debt (And How to Escape Them)

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Manage episode 443657193 series 3558373
Content provided by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are you tired of feeling trapped by debt? What if I told you that the key to getting out of debt isn't just about making more money?

In this episode, we're tackling the question that's keeping millions of Americans up at night: "Why am I still in debt despite my best efforts?"

🔎We're pulling back the curtain on:

  1. 5 hidden mistakes that are likely sabotaging your debt payoff journey

  2. The shocking truth about minimum payments (and why your credit card company loves them)

  3. A powerful strategy that helped one of our community members pay off $10,000 in just 6 months

  4. The counterintuitive approach that could transform your finances in the next 30 days

Don't miss this chance to finally break free from the chains of debt and start building real wealth!

📚Resources mentioned:

📖Bible verses discussed:

  • Proverbs 22:7

  • Ecclesiastes 4:4

  • Matthew 6:25-34

Don't let another day go by feeling trapped by debt. It's time to take action and transform your financial future!

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/nlENoTAdbBI)!

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

  continue reading

324 episodes

Artwork
iconShare
 
Manage episode 443657193 series 3558373
Content provided by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bob Lotich, Certified Educator in Personal Finance, Bob Lotich, and Linda Lotich or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Are you tired of feeling trapped by debt? What if I told you that the key to getting out of debt isn't just about making more money?

In this episode, we're tackling the question that's keeping millions of Americans up at night: "Why am I still in debt despite my best efforts?"

🔎We're pulling back the curtain on:

  1. 5 hidden mistakes that are likely sabotaging your debt payoff journey

  2. The shocking truth about minimum payments (and why your credit card company loves them)

  3. A powerful strategy that helped one of our community members pay off $10,000 in just 6 months

  4. The counterintuitive approach that could transform your finances in the next 30 days

Don't miss this chance to finally break free from the chains of debt and start building real wealth!

📚Resources mentioned:

📖Bible verses discussed:

  • Proverbs 22:7

  • Ecclesiastes 4:4

  • Matthew 6:25-34

Don't let another day go by feeling trapped by debt. It's time to take action and transform your financial future!

BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).

Watch this episode on our SeedTime Money Podcast YouTube channel (https://youtu.be/nlENoTAdbBI)!

If you haven’t checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 600 5-star reviews on Amazon, and is best described as “a money book for people who don’t read money books.”

You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

  continue reading

324 episodes

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