Episode #2 - Laying the Foundation: Part 2

"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