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Why Most People Stay Broke (And How to Break Free)

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Manage episode 485462013 series 2812697
Content provided by Stephen Scoggins - Scoggins International Inc and Stephen Scoggins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephen Scoggins - Scoggins International Inc and Stephen Scoggins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of BUILD, I'm with Ramsey Solutions speaker and bestselling author George Kamel about the real reason people stay broke and how to escape it for good. George shares how he went from $40,000 in debt to millionaire status in under a decade, all while avoiding debt and skipping the credit card games.

What you’ll learn:

- Why personal finance is mostly behavior, not knowledge

- The hidden traps behind credit cards and reward points

- Why whole life insurance and infinite banking are not smart investments

- How fear, greed, and pride sabotage wealth

- The power of building your life and business with cash

- How different generations are falling into different money traps

- Why financial freedom starts with habits, not hacks

If you're tired of feeling behind with money and want a proven plan that works, this episode is your reset.

  continue reading

275 episodes

Artwork
iconShare
 
Manage episode 485462013 series 2812697
Content provided by Stephen Scoggins - Scoggins International Inc and Stephen Scoggins. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Stephen Scoggins - Scoggins International Inc and Stephen Scoggins or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of BUILD, I'm with Ramsey Solutions speaker and bestselling author George Kamel about the real reason people stay broke and how to escape it for good. George shares how he went from $40,000 in debt to millionaire status in under a decade, all while avoiding debt and skipping the credit card games.

What you’ll learn:

- Why personal finance is mostly behavior, not knowledge

- The hidden traps behind credit cards and reward points

- Why whole life insurance and infinite banking are not smart investments

- How fear, greed, and pride sabotage wealth

- The power of building your life and business with cash

- How different generations are falling into different money traps

- Why financial freedom starts with habits, not hacks

If you're tired of feeling behind with money and want a proven plan that works, this episode is your reset.

  continue reading

275 episodes

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