12. The Importance of a Powerful “Why” with Financial Coach Suzanne Johnson
Suzanne Johnson is a Ramsey Solutions Master Financial Coach who for the last 5 years has been teaching clients to take control or their finances . On this episode of CFO at Home Suzanne and I discuss the number #1 financial issue of her clients, her views on the student loan crisis, debt reduction, and more.
Suzanne Johnson is a Ramsey Solutions Master Financial Coach who for the last 5 years has been teaching clients to take control or their finances . On this episode of CFO at Home Suzanne and I discuss the number #1 financial issue of her clients, her views on the student loan crisis, debt reduction, and more.
- Key Takeaways:
- The physiological advantage of the debt snowball method of paying off debt can be really powerful when tackling large debts like 6-figure student loans. What looks intimidating at first can look more manageable once you see how much a month you can throw at that large debt once other smaller debts are eliminated.
- The importance of a powerful “why” when establishing financial goals
- Starter question; what do you want to accomplish in your life financially (example; buy a house)
- Once the “what” is established, continue to dig to discover the “why” behind the what (always dreamed of owning a house in a certain area)
- Recommended Books and Resources: