194: Kyle Depiesse | Slashing $380,000 of Debt in 38 Months

Released Monday, 11th November 2019
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A few years ago Kyle Depiesse logged on to the Social Security website and saw that he had earned a little over $1 million. He thought that was funny because he didn’t really have much to show for it. He asked his wife for her social security number and saw that she had earned about the same amount. So together they had about $2 million in lifetime earnings but they were $380,000 in debt. The debt wasn’t crippling, nor was it largely personal debt - most of it was their mortgage. But Kyle felt embarrassed and angry and resolved to tackle their finances differently from that moment on. In 38 months the debt was gone and Kyle and his wife were able to focus on investing for their future.

In This Conversation We Cover: 
-[4:21] Kyle’s blue-collar upbringing and the beliefs he learnt about money
-[6:56] Choosing new influences to change those beliefs
-[14:23] Cutting up credit cards
-[20:37] Gamifying debt reduction
-[21:55] Screaming ‘We’re debt free!’ on The Dave Ramsey Show
-[26:51] Leaving the corporate world to become a high school teacher
-[27:56] Taking two years off to be at home with his son
-[28:52] Kyle’s mastermind for men to find success in every aspect of their lives
-[32:03] His morning routine

To learn more, and for the complete show notes, visit: workhardplayhardpodcast.com

Work Hard Play Hard is a production of Crate Media

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Episode Details
Length
46m 32s
Explicit
Yes

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