"You have to take a step back, focus on what you can control and what you can control is your own household, and what you do there.” - Mike Zung, CFP® of Java Wealth Planning
In episode 2, this is Part 2 of the Laying the Foundation series to kick off Personal Financial from the Hill-Top.
Mike Zung, CFP®, from Java Wealth Planning, and I discuss why getting out of debt is crucial to your building wealth and a foundational principle for building your personal financial plan. We share first hand experiences, how to do it, and even have a little fun along the way.
The rich rules over the poor, and the borrower is the slave of the lender. - Proverbs 22:7
Resources:
Car Depreciation,
The Millionaire Next Door by Thomas Stanley,
The Next Millionaire Next Door by Sarah Stanley Fallaw,
7 characteristics that most “Millionaires” exhibit,
FICO Score,
Northwestern University Study on Debt Payment Method,
Debt Avalanche,
Debt Snowball,
Debt Snowball Worksheet,
US Debt Clock,
Our Debt Free Scream!,
I Turn My Camera On - Spoon,
Sexy and I Know It - LMFAO
Mike Zung, CFP® - Java Wealth Planning:
Website,
YouTube,
Blog,
Facebook,
Twitter,
Instagram,
LinkedIn,
XY Planning Network (XYPN),
NAPFA
Kyle Hill, CFP® - Hill-Top Financial Planning, LLC
Website,
XY Planning Network (XYPN),
NAPFA,
LinkedIn,
CFP Board
*This podcast uses sounds from freesound: Dry Transition by Electroviolence , Metal Door Slam Shut by ecfike
