How to Break a Debt Cycle

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"If $100 a month is going to make or break you, then you need to join our gym," she says. "We have literally broken debt cycles for people... We have changed generations by working with families and in teaching them ... skills that are going to help them specifically" The financial gym takes on the idea of tethering fitness and money because frankly, fitness just doesn't encompass the body.

On this episode, I'm joined by an exceptional guest, Shannon McClay. Shannon is the CEO and founder of the Financial Gym, a revolutionary financial services company breaking barriers in the realm of financial wellness. Throughout our conversation, we deep-dive into the motivating factors behind the inception of her company, exploring the challenges, prejudices, and anxieties that individuals often grapple with when handling their personal finances.

We also take a journey through the origin story of the Financial Gym and uncover the secrets behind its success. Prepare for an insightful discussion filled with stories, wisdom, and actionable advice.

Key Discussion Points

We discuss the aphorism "time is money" and what holds true from that concept (and what doesn't)
My own personal and somewhat rocky relationship with money.
How someone can break through some of their biases associated with money
The approach that Shannon takes people through when trying to help them become more financially fit
Shannon shares her thoughts and insights on conventional financial advice/theory that doesn't really fly with her

Shannon’s wisdom, drawn from her extensive experience as the founder of the Financial Gym, truly emphasizes the importance of financial literacy and its impact on all areas of our lives. As we conclude this podcast, remember Shannon's key message: managing your money should be empowering, not intimidating.

Links Worth Exploring

Connect with Shannon: Twitter | LinkedIn | Instagram
Check out: The Financial Gym
Listen to Shannon's podcast: Martinis and Your Money
Related Conversation: Episode 374: How to Be Time Smart with Ashley Whillans
Related Blog Post: Money and Time

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