Listen To The Full Interview:
Phil Risher kicked butt and dumped $30,000 in student loans in one year. He’s a recent graduate who dared to approach debt differently.
He was making an average salary, but he used his resources – his parents – to focus on mastering a financial goal.
Now I hear what you’re thinking (yes, I can hear that) – woulda, shoulda, coulda.
- I’m a grown-A woman/man and I am not moving in with my parents.
- My parents don’t even live in the same town. Not possible.
- Okay. How can I live on $500/month with kids, husband, dogs, hamsters, etc.
- Shoot! My parents live with ME!
When I listened to someone’s remarkable debt free story while dumping $107,000 of debt, every suggestion was not a great fit. However, I was generally able to take a good nugget from the other experience. Often, I looked at my situation with a more critical eye.
So Phil was exposed to some awesome money management wisdom early in life and he acted on that information. Great for him. You may be a year or two passed your 20s, but if debt freedom is your goal – how can you reach that goal faster?
This was such a great story. Whether you’re a recent college grad or praying for your own college coeds, Phil’s story will resonate!
What are you doing to pay off debt faster? Leave a comment on the new Midday Money Show voicemail. Call: (773) 893-0241
We talked about…
- How Yum Yum Friday became motivation from co-workers.
- Financial training that changed his life – starting at 16?
- How he found ways to enjoy life while focusing on repaying debt.
- Simple ways his mother helped him learn how to budget at an early age.
- How his parents helped him stay accountable during the debt free journey.
- His 5-step organization plan.
- How he bought a condo with cash near Washington, D.C.
“Don’t be the ATM. Try to set your kids up. Teach them how to budget.” ~Phil Risher
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