Podcast: Play in new window | Download (Duration: 43:19 — 49.8MB) | Embed
Subscribe: Apple Podcasts | Google Podcasts | Stitcher | RSS | More
It doesn’t take a financial genius to successfully manage family finances into the black.
Just ask Andy Hill! He and his wife Nicole were a DINK (dual income, no kids) couple earning 6 figures. They thought they were doing really well with their finances…. until the day they sat down and reconciled all their accounts. They didn’t like what they found and immediately resolved to work on getting their finances into shape.
With a little googling and some changes to their life, they went from a -$50k net worth to having over $700k! Even more impressive, they accomplished this in less than 7 years and while navigating a growing family!
You’ll love Andy’s incredible story and how they managed to turn their finances around!
We also chat about…
- Meet cute stories 😍😍😍
- Succeeding at sales
- Travel rewards
Andy was an absolute delight to speak with! We hope you enjoy this chat, and please subscribe to us in iTunes if you enjoyed it!
Show notes and links from today’s episode
Suze Orman
FIOR (From previous guest Mad Money Monster!!)
Travel Miles 101
Key takeaways from our chat with Andy
1 – What gets measured gets managed
Andy and his wife were high earners and must have had a high net worth, right? Wrong. They didn’t know how much debt they actually had until they sat down and calculated their net worth. They were horrified at what they found and immediately got to work at reducing their debt.
2 – Have a budget party
Pizza, wine, and …. spreadsheets? What could be more romantic?
Andy and Nicole had monthly budget parties where they sat down and went over the month’s progress towards their debt paydown. Nicole wasn’t so into it at the beginning, but wine and pizza was enough to convince her to go long enough for her to see the usefulness of the parties.
3 – Does your company offer unlimited vacation days?
Chime in on the Facebook group! Do you have unlimited vacation days? Or are you on the “standard” vacation plan of X amount of days per year?
Questions? Like or dislike? Leave us a comment!
Want to support the podcast? Here are three things you can do.
Join the FIRE crew and change your life
Subscribe and get emails about new episodes of FIRE Drill Podcast.
Angela @ Tread slightly Retire Early says
I love hearing stories from Dave Ramsey converts. The value of a high savings rate, no matter your goals, is that you have control over your life and can pivot easily when opportunities arise.
Andy Hill says
I got hooked on Dave! He has done amazing things for our family and millions of other families… I’m ready for “What’s Next?!”
firedrillpodcast@gmail.com says
Dave is basically the gateway drug for Financial Independence lol. You thought you were just becoming debt free but little did you know you were going to get hooked!
Nadia V says
I have an inheritance and I’m really nervous about it, as I’ve never had any guidance on money. Thanks for all your opinons, it’s really helping me.
#binging