Tackling Debt on Your Sobriety Journey
Episode Overview
Understand the link between financial stress and sobriety. Learn practical tips for budgeting and managing debt. Explore the benefits of balance transfers for reducing interest rates. Discuss the importance of open conversations about money. Gain insights into setting and achieving financial goals.
If you really want to be able to bring in an extra $500-$1,000 a month, it's going to take some shifting of habits.
Money is a tricky subject, especially when you're on the path to sobriety and recovery. In this episode, Jesse Mogle dives into the often-overlooked topic of managing debt as part of your recovery journey. Jesse shares his personal experience with a $30,000 debt and his goal to be debt-free by New Year's Day of 2025. He discusses how financial stress can impact your sobriety and why it's crucial to get a handle on your finances to support your recovery.
With anecdotes from his own life and stories from clients, Jesse breaks down practical steps for budgeting, managing credit cards, and even tackling balance transfers. He also touches on the societal stigma around discussing money, highlighting how open conversations can lead to better financial health. If you've ever felt overwhelmed by debt or confused about where your money goes, this episode offers practical advice and encouragement to take control of your financial future.
By the end, you'll feel more equipped to make informed decisions about your money, which can significantly bolster your sobriety and overall well-being. So grab a pen and paper—Jesse's insights might just change the way you think about your finances and your recovery journey.