Langemeier:In the beginning it is and over time, as long as they’re diligent, they’ll do it. I mean, we’ve had people in less than four months offload $59,000 worth of debt, and the Building Your Wealth Cycles is what I call our recipe to wealth. It’s our core program. In fact, we’re going to have a book out about it in probably about three weeks, which I’m very excited about. And the recipe, I’ll just go through them very quickly.
We also work with, what they call, most people call it a budget; I call it a forecast because I think budget is like a diet and nobody’s going to do it. So we work on spending forecasts. We work on what I call freedom day goals, to have the want-to life versus have-to life. How much money do you really want to make in setting financial realistic goals. And then we work on entity’s tax. We look at insurance. We look, all the way from life insurance to disability insurance. Like what do you really need, given the life that you’re building?
And I can pretty much say with one hundred percent certainty, people will not become really, really wealth if they are carrying a lot of consumer debt. You can carry a little bit, but for the most part, we offload that very, very quickly and get you into revenue, get our clients into revenue and income-producing activities and asset-producing activities, but the debt has to be managed. It’s totally possible if they’re willing to change their lifestyle.
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