Shownotes
In this Episode, we discuss JT’s book, “How to Jump Start Your Path to Wealth”
JT gives us the definition of being wealthy: “Keeping more of your money than you give to other.” That is a CLASSIC definition!
We go into a discussion on how to manage your life just like you would manage a business. How people have been conditioned to use credit instead of cash; how using cash will create a mindset of keeping more cash for yourself. Why giving yourself a weekly allowance can increase the amount of cash in your savings; why cutting up credit cards is such an emotional (but spiritually freeing) event; realize this is a process – it took you 20 or 30 years accumulating debt, it will take some time to come out of debt; how to renegotiate your cable, telephone and credit card bills.
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