How can I build wealth while in debt? [with the Seesaw Principle]

[@SeedTime]

So which way is your seesaw leaning? Hit reply and let us know!

[@SeedTime]

Laura, that is a challenge, I wrote an article about that a couple years ago with the method that I have used - since I have had the same challenge - here is the link... christianpf.com/how-to-set-up-a-budget-variable/

[@ms.shelia5737]

This is awesome! 60 years old and i advise younger people to please jump on this wagon early 🙏🏾💕

[@josephhogue]

Love the simplicity Bob. I think people get overwhelmed by their money and give up before even getting started.

[@SeedTime]

so true!

[@vegasrichsave]

Knowing, understand, and apply the truth. My challenge is application. Thank you Bob.

[@SeedTime]

More on that coming in 2 weeks - the most thorough guide I have created about paying off debt is being finished next week!

[@aubreyblankenship6737]

Thanks for this! My favorite takeaway is the seesaw principle - that no matter how hard you try, if your seesaw is leaning the wrong way, you're not going to get out of debt. But if you lean it the right way, you're on your way to success! Paying off debt! It's a very hopeful illustration.

[@SeedTime]

Thanks Aubrey!

[@MT-bc6xf]

Thank you so much. What a blessing! I understand!

[@sarahkittyish]

So grateful for you and your family. Thank you for sharing your God given wisdom with us!! I am praying for God to use the money He has given us for His glory, it's all His anyway.

[@SeedTime]

Thanks Sarah!!

[@tl3509]

I am the fool who knows, and have yet to understand. Thanks for sharing Bob!

[@SeedTime]

We all have been there, or are currently there! ;)

[@pierremendelsonsaintcyr6994]

My challenge is application. I hope i can finally apply this knowledge. God Bless You!

[@michelleb5939]

This is awesome information. I love simplicity yet deep meaning to finding the deficit amount. I can’t wait to apply.

[@jmart228]

Great video, Bob! Such a simple concept but so hard for many of us to do!

[@SeedTime]

Agreed, it really is -

[@traceycolvin0504]

I love the ideal about the seesaw effect. It took me several years to get out of debt, and I'm just starting to earn more than spending. Thank you for your knowledge!

[@SeedTime]

You are welcome Tracey!!

[@dimitruscherry]

I think it’s really important just to keep your credit score in tact and pristine so you can always have access to bank and lender financing. Sometimes having a small amount of debt you’re paying off every month can keep your credit score high and moving along … What are your thoughts on business debt though, or debt that you use to fund the business and expand operations? Thanks

[@accountebu]

Thanks for sharing. Many blessings to you!!!

[@GainesMediaInc]

I like the seesaw analogy. 👍💪

[@roldanrosario243]

What you make in 1 week is what you can afford to pay in mortgage or monthly rent. Focusing on that makes it easier to calulate.

[@ILOVEISRAELETERNALLY]

Awesome!

[@kensiedareus3271]

BLESSINGS. Thanks for the video. Can I be honest with you. I feel like I can do better if I stop lending money to my sister who always need money and don't believe she should pay back. Jesus did say to give to them that ask. And GOD care about people more than material things. I also had a lady who look me in my face ( GOD say your family take advantage of you) she said that GOD send her to me. But how come GOD never do anything about my sister. She was there when the lady said that to me

[@SeedTime]

Kensie, I would recommend reading this... christianpf.com/helping-enabling-bible/

[@Madi4321]

30k is different than a million. Don’t get it twisted. Try not to make $30k - that’s some bull shit - especially in CA.

[@Madi4321]

But if you are making $30k - become familiar with cost saving ways to eat / make your own food ... and any other clever thing you can do. Maybe $30k is ok somewhere - but not in CA and places like it. Save your money - but try to make a lot of money. This guy is deluded. If you make $30k or even $50 k or more in an expensive area (or anywhere) ...it’s just fucking math ...if your rent is $1600 or $2000 a month and you have food costs or other costs - it’s not all the same!! Don’t drink the cool aid from the privileged. I’m gonna have to make my own channel outlining the truth. The point he is trying to make is: some ppl make more than enough money and then just spend more - that’s not a good idea. This part is true. My take home message: try to stay away from poverty wages! Get a different career or an additional side gig if you can !! And you’ll have to cut back as well. It’s not easy. You’ll have to develop a sense of humor or a connection to the divine lol ...I dono ...good luck. With all my good intention !!! For the people. 💪🏼👌🏼

[@Madi4321]

I assume ?? His message is similar to Dave Ramsey’s. It’s a COMPLETE paradigm shift. It’s a set up, but keep your head up! :) and smile / it might get you a job or some wonderful opportunity.Try to keep the vibes good even when the situation is bad. 😭