Being in financial difficulty is stressful. You have debt that you can’t pay, you keep getting letters and phone calls demanding money you don’t have, and court officers are standing at your door to serve you with lawsuits. This can really weigh you down.

Under these circumstances, it is natural for people to come up with reasons in their heads as to why things aren’t so bad; it’s a coping mechanism. They tell themselves things to make themselves feel better. That’s understandable. The problem is, those reasons are seldom true, can lead them into more trouble, and away from the very solution that they need.

That’s why in this episode of the podcast I talk about the 5 lies people tell themselves about debt. I have heard these many times over the past 30 years, and it pains me every time because it prevents them from doing the right thing for their situation.

Anyone who wishes to achieve financial independence needs to start taking the appropriate steps as soon as possible. The earlier in your life you start, the sooner you will reach a point where you no longer need a paycheck. That’s when you know you can retire and start enjoying life full time!

There is a growing movement now in the world called FIRE (Financial Independence, Retire Early) that argues against the idea that you can’t or shouldn’t retire before age 65. Its members advocate for an early start towards savings and investment, in order to reach financial independence sooner and retire early.

Two of the biggest champions of this movement are Kristy Shen and Bryce Leung, who managed to build a net worth of over $1 million and retire at age 31 to travel the world and live a nomadic lifestyle. That’s why in this episode of the podcast I talk to them about their new book, how it came about, and how you too can quit like a millionaire!