Chain Of Wealth - Debt, Investing, Entrepreneurship, Wealth & More

Today we have Jeffrey Anazalone who is a doctor that writes at debtfreedr.com. Becoming a doctor involves spending a ton of money to get qualified, Jeff was over $300,000 in debt when he started. Jeff went to dental school then did a surgery residency. Welcome! [5:33] What is your secret to becoming debt free forever? Jeff stumbled across Dave Ramsey and listened to principles, Jeff thought he had a job secured so he didn’t worry too much about it at that point. When Jeff finally started making money he used Dave’s principles and did the snowball. Jeff managed to pay off his debt in 4.5 or 5 years [8:33] What’s the honest truth behind building a 7 figure or more net worth? Jeff had a slightly different take on Dave Ramsey’s principles so he was investing and paying off debt at the same time. He is also self employed so his take is slightly different Jeff was consistent about saving and after a long period of time he had a 7 figure net worth. [17:59] Why is it really bad to rely on a single stream of incom