Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Everybody knows that habits are hard to break, and that's especially true when it comes to money habits. Whether you're overspending the monthly budget, sleeping on the income you know you should be making, or even just not keeping track of your finances at all, one bad money habit always leads to more, and that's when your financial destruction can start to snowball, sometimes for generations. Breaking the mold is tough, but it's worth it in the end to set a good financial foundation for the present and the future!

On today's episode of The His & her Money Show, we're so glad to be talking with Amir and Candace Shameih about their decision to break out of debt and grab a piece of that financial freedom. This faith-forward couple took the initiative, got their plan together, and set out to eliminate their debt in 18 months...and then they beat the odds and came out debt-free in just 7! Their story is incredible, and we can't wait for you to hear it!

Neither Amir nor Candace grew up in money-conscious families. As kids, they saw the bad side of what can happen when you let the state of your finances fall back as a priority, but even so, for awhile it seemed like they were both on the same path all too soon. Fortunately, history wasn't doomed to repeat itself, and after Candace, the couple truly began to realize their options. Between the two of them, they had over $58,000, from student loans, credit cards, and a whole lot else. They could stay a slave to the lender, or they could take control of their money, bust their way out of debt, and live financial freedom to the fullest. And you can bet they chose the right one! Keep listening to find out how they did it, and maybe learn something along the way!

WHAT YOU WILL LEARN IN THIS EPISODE

• Bringing your spouse on board to tackle your debt together
• Getting into a new mindset to start your budget
• Some of Candace and Amir's tips and tricks for getting out of debt
• Cutting monthly costs around the household
• How to stay focused and not give into temptation
• Gow faith kept Candace and Amir strong through their debt free journey

Resources Mentioned

• The Total Money Makeover by Dave Ramsey

Thank You For Listening!

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review of the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.

Are you looking for a way to get rid of debt? You must be open to possibilities, have the willingness to give up some things and learn new ones, continually updating your knowledge, and possessing the guts to conquer your fears. No one knows what will happen in the future. You have to take the first step towards your ultimate goal, try your best with strategies, and stay focused on your way to financial freedom.

On today’s episode of The His & Her Money Show, we have a very successful real estate investor and blogger, Rich Carey, to share his debt freedom journey and give you some hope and inspiration! Rich grew up fascinated by real estate and still thinks it is the coolest thing to do. Later, he ended up being drowned by student loan debt of $32,000. His wife, who was his girlfriend at the time, encouraged him to be responsible for his obligations and helped him craft a plan to pay off the debt. They did side hustles and started his journey of real estate investing.

Afterward, they acquired a home mortgage worth $280,000. The family decided to live a very frugal life; eating out and having fancy vacations was not on their to-do list during this time. They chose to live on the smallest income possible and put everything else into savings and investments. With the combination of this unique approach and the power of real estate, plus his income from the Air Force, he found his way out from under. The mortgage was paid off quickly in just 6-7 years instead of the standard 30 years.

Rich pursued his real estate investment career despite working overseas. He purchased another rental property in cash to avoid the hassle and flipped it, earning a significant profit. The success of this idea led him to own 20 properties in one location. He proved that a real estate investment is not a nightmare but a vehicle for financial freedom and a more promising future.

WHAT YOU WILL LEARN IN THIS EPISODE

• How Rich shifted his mindset and became motivated to get out of debt
• How he ended up being a real estate investor
• Why he settled his 20 properties in one place
• How he bought 6 properties in just 10 months
• How he continually upgraded his knowledge
• The difference between buying things in cash or creating debt
• The benefits of having investments in one city
• Advice on choosing property managers
• How he decides if it’s a good buy or not

RESOURCES

• Rich's Blog - Rich On Money
• The Total Money Makeover - by Dave Ramsey

Thank You for Listening!

Today’s show was sponsored by Teach Me How To Budget. If you are ready to gain freedom in your finances once and for all then enroll in our brand new personal finance course Teach Me How To Budget.

Thanks for tuning into the His & Her Money Show. If you have any comments or questions about today’s episode, please let us know your thoughts in the comment section below. If you’ve enjoyed this episode, please share it using the social media buttons you see at the bottom of the post.

Also, please leave an honest review for the His & Her Money Show on iTunes! Ratings and reviews are extremely helpful and greatly appreciated! They do matter in the rankings of the show and we do read each and every one of them.