Why Mindset Beats Money Hacks Every Time

So now the strategies, and there's plenty of them, the ones that I've put here on the board, I think resonate with this, that we're building so far. I think it resonates really well with what we're building so far. These are not just strategies, but they're also a way of being. So when we think about ways of being, when you're. When you're being something, you're not doing something. So. So being is not doing. Because in order for you to do something, you've got to be it. And let me prove it. Most of us have a W2 job. So you have a certain skill set and a certain reputation, some level of credibility, some level of credibility that got you hired at this W2. And for most, the number one reason for most, why you're in that W2 is for money. So a lot of us go in to that W2 position. We work and so we're doing something. And the way the system is set up in our country for W2 is part of the interview process. Nobody is asking who you are, what's your state of being, what's your purpose. No one's really asking that. The company knows who they are. The company knows who they're being. And they need to find the right skill sets, the right reputation, the right credibility of other people to leverage the doing. And that is the transaction that occurs. Simple. And this isn't throwing W2 positions under the bus. It's not what I'm doing here. What I am saying is the way you went into this is how most of you do life with relationships, friendships. A lot of us are doing before being. And so if all you do is do in life without being, the final result is you're a pretender. So many of us are pretending to be something we're not or to do things we don't want to really do. All for this money. And the funny part about money is we invented it. We as human beings, we invented. We invented money. And we spend our entire lives chasing something we invented. Isn't that weird? So again, if you can realize what's happening in your life and the goals that you want to achieve, you want to build wealth, you want to pay off debt so you can be in a better place, right? Have freedom, all this stuff we have to take a close look and see where are we pretending and just doing things. And all I want to do is spend a little bit of time. So far, I'm 30 minutes into this video and I believe I've made my point in about 30 minutes or less. I believe I made my point. And so if I can spend 30 minutes to an hour with each and every one of you on a one to one basis over a period of time, or you spend it with someone that is a professional, someone that's not necessarily a close friend or close family member, someone that's a professional that loves doing this, that loves working through this, then we're going to be able to explore this state of being that you're supposed to be in. Because once you're being it, which is your, your values, your beliefs, your mission and your purpose. Once you're being that, the doing comes with ease, the doing becomes joy. So now you do things for joy. And guess what? There's no compromise, there's no losing, there's no trade off on the money. Because I would argue when you're operating out of joy, money follows with it. Money is like a way of keeping score, in a sense, but having joy in being who you are and doing that at the highest level of service, the transaction for human beings, people on this planet, that the result, the product, there's going to be some form of financial transaction that occurs. And there's many ways that that can happen. All right, so. So now giving you the frameworks and the steps, what our focus and attention should be on, let's now assume all of us are there. Let's assume everyone's there. So we got Chris in the house. Definitely wanted to change for sure. So that's confirming a point I made earlier. Paul, Money doesn't come with instructions. Follow Denzel's instructions. Love it, Paul. Thank you for that. Okay, beautiful. Let's assume everyone in here and those catching the replay, let's say you watched your 30 minutes in, you're dialed in, your focus, and now 40 plus people in the house say you're dialed in. Let's assume you know what your values are, you know what your beliefs are, you know what mission you're on, you know what your purpose is. You have a strong foundation. I'd say a 8 or higher, say maybe 7, 8 or higher foundation. Strong. Now we're going to get into the strategy part, which is the execution of it. Now we can execute because we're convicted. Like anything we touch now is going to turn into goals can be successful. Some things to consider. You don't have to do every single one of these things, you do have to do some of them in order to have this acceleration that can occur in your life. So culture change, I put that first because what you have to realize when you, when you truly decide to not only pay off debt, become debt free, build wealth, serve at the highest level, when you decide to do that, you have to. I'm going to make you aware of something that I would say over 95%, maybe even upwards of 99%, but I'm going to be generous and say 95% of people on the planet have not truly made that decision yet. Have not gone through this process yet. 95%, I would argue, have not made that decision. Which now puts you in a minority category in a positive way. You are now in a minority category. The moment you do that, you will be exiled from certain families, certain friends, certain circles, even on the Internet, social media. The moment you start speaking in this minority, what I would call this kingdom language, where you have now elevated to a very, very high level of thinking, high level of operation, high level of authority. When you are operating at a high level of authority, guess what? The peasants, okay, the pansies, the haters, the naysayers, the negative Nancy, the disappointments, the losers, the quitters, are all going to have opinions, okay, that are designed in a way to bring you back down to their level. Because that's where they met you. That's where they met you. They met you at that. At their level. So when you were at their level, you were not a threat, you were no harm, you were an equal to them. But the moment you decided to culturally shift your household, husband and wife, kids, the environment, literally your energy, your aura, I walk into your household. Smells different. Smells like Kingdom in here. Smells like peace, smells like wealth, smells like honor, smells like glory. Smells like authority. Smells like someone knows what the hell they're doing in here. And when you invite people into your space that don't know who they are, that are still doing in the, in the red pill manosphere community, they would. They would call those people, the people who are stuck in the Matrix, right? Those are the blue pill people. They're stuck in the Matrix. And you have the very few that did take the red pill. They stepped out of the Matrix and decided to take control over their life. So I have to make you aware of this, because your previous self that you have let go of, your previous self that you have now graduated from, is going to try to convince you that you need to go back to safety. Because over here in the 5%, in the minority community, it is not safe. It is dangerous. It's the jungle. It's scary, it's risky, it's all this stuff. It's a scam. It's too good to be true. It's. It's all this stuff I'm. I'm letting you know in advance. It's none of those things. It's risky to your former self, it's purpose to your current self, it's drive to your current self, it's peace. It's freedom to your current self. And you're going to chase after it with every breath you take. And you're going to be humble and you're going to be graceful, and you're going to be generous and abundant in the process. And that's just what it is. So a cultural. Cultural change, very. I'm going to use, like, small things that can lead to huge transformational experiences. Small things. A cultural change in your household could simply be that you maximize your clothing until there are holes in the clothing, say your shirt, jeans, shoes. Yes, even the socks. Right. You're culturally shifting from looking at the most expensive brands to looking at quality of life. Intentional. Does this shirt, does this pair of jeans, does these shoes actually benefit my health? And for some, they might go a little bit higher in value, might go down. It's not necessarily based off of reducing. A cultural change doesn't necessarily mean everything you're changing results in a reduction of spending. Although it may look like that in the beginning because you simply don't value a lot of things like you. Like you did before. You start to truly value things that improve your health, that improve your state of joy, your continuous joy of peace. Right. A cultural change could be a holiday you no longer celebrate. I've had the pleasure of working with multiple Jehovah's Witnesses over the years. And one of the things that Jehovah's Witnesses do, or I should say don't do, is holidays. They don't celebrate birthdays. They don't celebrate really any of the holidays. They don't celebrate Christmas, none of it. Do you know how much money you can save by not celebrating your birthday, by not celebrating Christmas, New Year's, all the alcohol that you can save, all the money we spend on gifts and presents, oh, my, what a tremendous amount of. Of savings. But then you get to replace that activity maybe with something else that's simply more intentional. So you don't just do this holiday because it's what everyone else does now. You actually, maybe you don't fully drop the holiday and do nothing on that day. Maybe you simply plan something with your family and friends, with the people that you love, and you go experience something together and maybe you have a Bible study, maybe you have a gathering, and you make. Everyone brings the best food and we exchange stories. And maybe you do host a financial freedom workshop for your household, for your family and friends, and it becomes a cultural shift. Okay, so culture change. I've had the pleasure of working with hundreds of immigrant family people who were not born in the United States. They, their parents came here first. So you're first generation American. So specifically like that kind of dynamic. So if your parents were born in another country and then they came to the United States, boom, they're now living here, became citizens, all that. And then they had you here in the United States and you were raised by an immigrant mom or dad or both. There is a. Whoa. There is a financial culture that exists that is distinct between American Americans, people who are born in America, and your mom and dad also were born here in America. Most of the time when I work with families where their parents are. Were born in the United States, and they also were born in the United States, and your parents were raised in the United States by their parents who were also born in the United States. Between your parents and yourself, you have adopted the American consumer ideology. You are consumers. Consumerism is an addiction. You make you spend, you make you spend. You make you spend. You hustle, you spend. You hustle, you spend. You make you spend, you make you spend. And then I work with immigrants. Whoa. And it doesn't matter where they're from. It could be a Mexican immigrant, it could be African immigrant, it could be Asian immigrant, it could be Indian immigrant. It doesn't matter. It doesn't matter what kind of immigrant I'm talking to. Jamaican, Haitian, all the, all the South America, Central America, doesn't matter. They're all the same in their, in their financial culture, the way they, the way they use money. And what's interesting is we as Americans would look at them as being cheap. And there's a difference between being cheap and being frugal. There's a huge difference. I would say most immigrant families I talk to operate in a very frugal way. They're not being cheap. It's just their way of operating. It's their way of living. And I would argue that they're living in a state of joy and peace, happiness more often, I'd say more continuous, more often than the American families that I work with that have the cybertruck, that have the G wagon, that have the Mercedes, the BMW, the Audi, that have a 3,500 square foot house, that have a lot of things and Then I talk to my immigrant families that are operating in a 3 bedroom, 2 bath of 4, 3152000 square foot houses worth 200, 300K. Mom is a nurse, dad is a pharmacist, or dad is in engineering. And they've been married for 45 years and they've been living here and they've got investments, they have paid off house, paid off cars, no student loan debts. They're in their mid-50s, they're about to retire and I get to work with them. And it's like, it's more of like they already have a very strong foundation, they have strong values, they have strong beliefs, they have strong roots in their, in their household. And so we're able to often skip over the personal development quite a bit. And really the strategies help affirm their existing foundation. It just helps elevate so that I get to work with them because they're like, what's this? What's that? How does life insurance work? How does this Roth IRA work? How does it work? Like they don't know none of that. A lot of immigrants have no idea like what a standard qualified retirement account is and how that works. So I get to be the person that's blessed enough to go into that family. Observe how they operate, their living expense, how they manage their debt, how they manage their inflows and outflows. And it's like they already have part of their living expenses as savings, investments, but they just need help accelerating it. Just, just multiplying because they're like, they don't know, they don't know how to invest, they don't know how to where to save more efficiently. So I start just plugging and playing. It's like I don't even have to fight for cash flow. I don't have to look for cash flow. It's all there. It's awesome. It's amazing. And when you take a deeper dive and you see how they live and you start to see, okay, so they, they shop at the local farmer's market, they go to the local grocery stores, you know, so if they're Indian, they go to their Indian markets, the little, you know, the corner supermarket stores. They get their fruits and vegetables for 50%, 75% cheaper than if you go to Publix, Whole Foods and any other ones. Then when you look at how they celebrate certain holidays. Yeah, maybe it's two gifts per person, tops three if that versus you go to my house. Come, come to the, come to the finance geek house. What the way I used to grow up Picture a living room, Any kind of living room. Think of your own living room in your own house. You got the tree. You can't even see the tree with the amount of gifts that we put up. That's how crazy it is. And you come to the finance geek house. We do lots of presents. Lots and lots of. Lots of. Like, it's a competition. Okay? Imagine that every year for 20, 30, 40 years, just presents upon presence. And then the way it works for me is, you know, December 25th. Boom, Christmas. And then January 4th comes up. That's my birthday. So it's like double sometimes. You know, my family got savvy with it. We just kind of just pack it all either during Christmas, and then we do, like, a little something for my. For my birthday, or sometimes it was both. So it's like presents and presents on top of presents, right? And then you got all the other holidays that come with it. Whereas you hang out with immigrant family, and they're just so efficient. They're not trying to be efficient. They're just efficient. So they're not wasting food. Immigrant families. When I look at their grocery shopping and how much they spend, I'm like, okay, they know how to portion. I can easily tell if you're a family of four. And I'll. I'll look at an immigrant family. Family of four. They're like 700 or less a month. Seven or 800 or less. Finance geek house. Come to my house. Easy. 2. My wife and I, we can easily. I can put up 700 in a month. Groceries, just the two of us. Easy, easy. And so you. Immigrant family, very efficient with their. With their money and how they operate. And then I'll go. I'll walk with American family, family of four, 1500amonth. And then the excuse a lot of them say is, oh, you know, you know. Organic, Denzel. It's organic, right? I talked to the immigrant families, and I'm like, talk to me. How are y' all eating? Because if there's one thing that we all know when it comes to immigrant families is longevity. Do they not live the longest? You look at any immigrant family from any part of the world, and they come here to the United States, and you see how they eat and how they operate. These people are not overweight, for the most part. People are not overweight, they eat healthy, and they live freaking long. Well into their. Everybody's living into their 90s, even hundreds. So I'm like, what? What are they doing? I'm still trying to figure that out. But I would I would argue a cultural change. Wow. Wow. The amount of wealth that can redirect back into your household and you just get more intentional with it. Insane. Telling you, working with immigrant families, it's awesome. I get to hear the accents, I get to hear how they operate, how they think. They're so much fun, they tell so much stories because they're able to experience more versus we Americans. We like to do things. We like to do a lot of things to get the experience, not realizing it could be the reverse. You can have the experience without having to spend so much and you're able to accumulate stories. And when you can accumulate stories and memories, you're able to live off those memories and stories and share it with friends and family over a very inexpensive meal or dinner or setting time, place. And again, you just find yourself organically recovering cash flow. It doesn't have to feel like you're scrimping, scrapping, coming up with a budget plan. All these. All these things that I think create a mentality of cheapness. And what I want to go for is intentional living. Frugal. I would throw that in there. Intentional living. And you're able to build off those things as well, to hit the things that you actually want. So cultural change, that's a big one. I'll spend less time on everything else because it's like, quick. So the next thing is a no spend year shout out to Layla and her YouTube channel, someone that I've been doing a little bit of content with recently. So I'll have some content coming out. I heard it from her on her YouTube channel. She did a no spend year, I want to say, during COVID which was like super smart. I think everybody spent less, spent less money during 2020 and 2021, but that was like forced versus hers was intentional. And what a no spend year looks like is you just simply not spending money on anything you don't need. Imagine that. Imagine you go through your entire finances and again, it's all about framing. It's how you frame this. I don't want anyone to do any of these strategies like changing your culture. No spend year financial reset. I don't want you to do any of those things with the sole purpose of trying to get more money. It's a byproduct. It's a feature and benefit. What, what I'm more solving for is that personal development is that intentional way of living, stepping into your true authority and how you're supposed to operate on this, on this planet, and being fully convicted in that. And then These other things occur and it becomes like a benefit, not the source. It becomes a benefit. The source is your personal development to reclaim your authority over your household. That's what that is, that's what we're solving for. And as a byproduct of doing that, you will have more cash flow, you will have more wealth in your life. You will have more joy, more peace, more freedom in your life. So for if you watch Layla's channel and she documented it, her no spend year, it was very intentional. She just cut off all the things that were considered want and she set the terms, she set the challenge. And it's. And for me, I equate it to. To wanting to exercise more, wanting to get in the gym, want to get stronger, or running a marathon or doing some kind of a course run or something to that effect where you train to then go and do something. A no spend year is like training for your intentional way of living. Something to consider. I'm not saying you have to do it, but you can set the terms. You'll look at your living expenses. You say, okay, for one year, we just won't go out to any restaurant or we won't go to any movie theaters for one year. Let's see if we can live off of the clothes we already have without having to buy any more clothes other than socks, underwears, like that. You know, the things that do expire quickly, but like, can we live off of the shoes and the outfits that we currently have from January 1st all the way December 31st, how much money would you guys save? How much money would your household save if. If you set that challenge for yourself? And hey, guess what? Let's say you break eight months into it. Congratulations, high five. Recognize that you've been living a certain way for 30, 45 years and you're going to have this sudden gradual shift. Understand, you're going to have that pullback occur. You know, your former self is going to be wanting to pull you back out of that new way of living. So have that awareness. I'm letting you know now. So a no spending year is really, really cool. So then a financial reset we have similar to a no spend year. The way I view a financial reset is potentially stopping all things that I'm currently doing with my money. And I'm going to implement new things that I believe will accelerate my progress. That could be something like hiring a financial coach that could be tracking your money for the first time. So you're going to show every week or every month. You're going to set time in your schedule. 60 minutes, every pay period, every time you get paid, we're going to sit for 60 minutes and you're going to track where every dollar is going to. Maybe you're going to go from budgeting money to stop budgeting because you realize budgeting doesn't work for your household. So you stop and you implement something different. A financial reset could mean I'm no longer going to invest in things that I've already been investing in. I'm going to stop contributing to all these retirement accounts and the 401ks and I'm just going to, I'm going to cut it all off temporarily to reset the body, to reset the financial household. So a financial reset I would argue could take about three to six months to actually fully implement. And then it would be like that's your new way of living now. So a financial reset involves the part one of personally developing yourself. And a financial reset could involve you like cutting everything off. So I've had some clients do this where they were, you know, max contributing to the qualified retirement accounts. They were investing money over here with this and money's going in here in real estate and they're trying to pay off debt over here and this here and they got money going everywhere, delegating. They have no control. They don't know what their fees are, they don't know what their cost of investing is, they don't know their numbers. And so we go into this whole redirection of cash flow, we just temporarily cut everything off to see how much money do we truly have to work with. They'll even, we'll even reset tithing figure out giving. They reset it all temporarily to see where we currently at and then we look at the actual financial opportunities or investments that, that they actually want to implement, they actually want to get involved with and then go from there. Okay, so the final two things I think are huge. Increase your skills. When you go through a financial reset, you may also find more time in your life as well. When you go through a no spend year, when you go through a cultural change, you find yourself having all this extra time even though you're working a 40, 50 hour plus a week job because you're just changing what values you have so you no longer value the tv, you no longer value the social media so you're not scrolling and wasting time. You now completely shift what you do with the in between time. I literally have clients that whether when they're doing their makeup, when they're getting ready in the bathroom Taking a shower, driving their car, making food. And even at work, if they're multitasking or during their work break, during lunch breaks, they're just watching my content and maybe a few other channels. They're dialed in. They are absorbing knowledge and information and wisdom. They're reading books that I recommend to them. They're just super, super dialed in. And they're finding so much value in that, so much joy in just doing that. And then it becomes a culture, it goes past a habit. It just becomes a way of being, not a do this, do that, do this, do that. Just, I'm just gonna be this person moving forward because I like this person more. I like this person that can read a book all the way through. I like this person that can sit through a masterclass like this and not get bored because I know, like, my former self had trouble reading a book all the way through, and I still do today, and listening through a long podcast setup hour, hour and a half, two hours to really let my thoughts flourish. So doing this with you, let me tell you, I get so much value out of doing things like this because I'm at the same time challenging my own thoughts and processes and how I formulate these ideas and how I speak it, how I articulate it in such a way to then have the energy to complete the rest of my day. When I make content like this, when I'm speaking to you guys over the phone, trust me, it is fuel for my life. Making content and talking to people like Paul and Jesus and Chris and Jerry and. Who else is in here? Carlos and Andrew. When I get to talk to people like you guys, I'm telling you, is fuel for my body. It is literal fuel. I would equate it to literally eating my three meals a day. It is like when I eat my meals, I get the protein, I get the nutrients that I need, and I drink the water and I'm. And I'm good. But then I get spirit filled. Holy spirit fills me when I'm creating content like this. And when I'm talking to you guys over the phone, again, way of being. So the final two, increasing your skills, doing something like this, having a whiteboard session with yourself, you know, you could buy an easel, you could buy a simple whiteboard, and you can just set up a camera, your phone, and just start hearing yourself talk, hear yourself articulate your ideas, listen to yourself back. Hmm. Why did I go high pitch in that moment? Why did I hold that down? Oh, I seem. I seem to get real hot right here. I seem to get real excited when I get, when I get to this point when, when you replay your own words back like you should. I would think that is a wonderful exercise everyone should do. Buy yourself an easel, simple whiteboard, get your phone. I don't care if you got to stack books up or whatever. Get a simple easy tripod and just record yourself talking. You don't ever have to post it. Just record yourself talking about your values, your beliefs, your mission, your purpose. Articulate it. Either use graphs, use your computer, write it down, speak it out, listen to yourself. And as you're watching yourself, I want you to process. Do I believe him? Do I believe her? When you do that, I promise you you're gonna have a really unique moment with yourself. I've done this many times. I have plenty of videos that I've never posted where I just challenge myself to not, not sell myself but to be fully committed to the things that I'm saying that I'm speaking. Does then do I believe that guy when I go back and watch this video? We're now over an hour in. Do I believe everything he's saying? I myself will listen to this video back and see, oh, I went up right here and then I was kind of like down and then I was more confident over and, and keep going, increase skills. Networking is, is the last part that I think probably should be at, at, at the top as well. But networking just like you all do that are, that are clients in a way, you network to work with me. So we're kind of networking and then it that networking turned into business. So think of this setting right here. We're on a live stream, everyone's in their home. Or maybe you're in your car, maybe you're making food. Right now we're networking, we're having a conversation. It's one sided technically because I'm the one doing all the talking. But you have the opportunity to chat with me and then I get to respond. We have a little bit of a conversation, a little bit of a dialogue. In another setting we could be on a zoom and we can go back and forth. So we're networking, we're getting to know each other, we're sharing ideas. Your ideas are, you know, you're getting light bulb moments, you're blowing. Let me know in the comments if you're getting value out of, out of all I've discussed so far. You're like, I'm with you Denzel or I'm lost, right? Be honest. And in that networking, I would argue you're going to build relationship capital. When you build relationship capital, it gets you access to rooms you weren't originally invited into because the person that you networked with now vouched for you to be in that room. And now that you're in the room, you now have an opportunity to get to the next level. Okay. Jesus. I know who, I know who you're thinking of. It's not that Layla. It's another Layla. I did not create content with that other Layla. She's much bigger than me. So on a, not talking about her Mosi Layla, Talking about the YouTube channel is personal finance with Layla. And it's just her rocking on. She's a financial coach, did some work together and that's where I heard her speak about the no spend year. I never heard anybody else any other YouTube channel. I've never heard anyone share that strategy before. So I decided to add that into my Today's talk here. Yep. Mindset, extremely important. Beautiful. Beautiful. So now I've given you the framework. I'm going to leave this for a few more seconds, take a screenshot, do what you got to do. I'm going to delete everything on here and then we're going to do a case study implementing this and we're going to do some Q and A as well. If you have questions, now's the time to comment. It could be totally off topic. Could be totally off topic. That's fine. If you got a, you got a specific question you're working on, you're trying to find a, a specific bank, you need me to give a little more information on something, let me know in the comments. You know how I am. I literally go through all the comments when I'm on a live stream. Try to answer all of them before I end the live. So now what you're going to, about what you're going to see me do is you're just going to see me work. Now. Now some of you that are not clients and, and maybe you're on the fence, you're thinking about working with me one to one. I think this will be really helpful for you to just see how I, how I operate and how I think and how I work with folks, I think this will really help. I have two case studies that we could work through today as a possibility. I think I want to do this one now. Most of you know that my passion is working with mom. For the last seven years, I've been able to work with over 500 plus mothers across the United States. 500 plus. Sometimes it's just the mom. Sometimes it's mom and dad, husband, wife together that I'm working with. Sometimes it's like a double. Sometimes I'm working with mom, and then mom has a daughter who's a mom and I'm working with her. Or sometimes I'm working with mom who has a mom that's still alive, and I'm working with that mom and mom. So moms has just been my passion since day one. First client was my mom and been able to help her achieve a lot of things. And I figured, well, if I can help her, maybe there's other moms out there I could help. And then go figure. In the financial community, nobody targets moms. So then I was like, the whole market is mine, essentially. So for the last seven years, literally, still to this day, I don't have really like any competition. There's no competition. Right. I'm not fighting for business to work with moms. They're like just finding me on the Internet through other channels. And I do things strategically to get in front of more moms that are wanting to become better stewards over their finances, to increase their income, to pay off debt, to provide financial security for their family, all this stuff. And so today's case study will be a mom that we're going to be working with. So far, I gave you the framework for paying off debt and building wealth. Now, obviously, from a tactical standpoint, I haven't done that yet. I gave you the philosophical, the ways of being, the structure, because that often gets missed big time. So here we go. Got a single mom, five kids. This our income, 4,009, 35. 30 cents. Matter of fact, let me, let me show you what we've done so far over, over the span of our time working together. Let me do it that way, give even more context. So this is August of 2024 is when I started working with this client, probably a little sooner. Income originally was at 5,286, 5 9. Expenses were $4,770.97. We had, I want to say, over probably like 150 plus of debt. I think I have to make sure my numbers are right. They're probably not, but we had a cash flow, $515.62. Then we are now a year later. What's today? August 11th. The last time I spoke to this client was toward the end of June. I think it was like mid July. Now our income is 4935. So it went down a little bit, 30 cents. But so did our expenses. Expenses are 39, 2496 debt. According to our spreadsheet we're at 102,541.56. Again, I know this number is wrong. I think it's a little bit less. Probably like 120something. This debt also is including an increase in debt. So over time this person was paying off debt but then we also had to increase our debt a little bit. Circumstances that happens. Our cash flow has hit over a thousand bucks, which is awesome. We've had an increase in cash flow, decrease in expenses. And what this person has been really focusing a lot on is their mindset. Okay. We've had multiple people in the comment mention how mindset is key. She has been focused on this, building up her values and beliefs. She is on a debt payoff plan. Right now we're simply using the cash flow index method. So we're using cash flow index formula that's just simply taking the balance owed on a debt, dividing it by the monthly payment, getting a score. The lower the score, you go in order from lowest score to highest score. Once you get above 50 you get to decide whether you want to pay that off or not. Cash flow index focuses on cash flow accumulation as that trying to be the fastest method. In addition to her mindset increasing that. One of the critical moves that she made was she hired a financial coach despite being in a pretty low cash flow position now for as little as just 50 bucks a month is what we're operating off now. We were at a higher payment initially. We drop that down something she could afford and we're working together, we're making it happen. That is a huge step. Accountability, okay. Accountability support. Major, major mindset shift that occurs when you truly decide, okay, I'm going to bring somebody in to this household, a professional and we're going to brainstorm and we're going to put the time and the commitment to make this happen. So this person is rocking and rolling. They have long term goals and I'm going to kind of share some of them. So they do have a property. So we've got, we've got some consumer debt. We have property debt. So let's do this. 1 69,623 24 mortgage payment 866.21 3.88% and that is one mortgage. We have a car 3,759 monthly payment 154 64.49%. That's one car. A second car as well. So I know she drives one and then daughter Has a car as well. So this is an example of a mom that I'm working with and then one of her kids is also a mom. So I'm like indirectly helping, you know, everyone pretty much. But I predominantly work with mom. This is another car, 5.74%. And then we have some student loan debt, credit card debt. So I'll just summit summarize it. Credit card debt of about 10,400. And then we've got student loans just under 3k. Not too much left there. That's only costing us like 50 bucks at like 4%. Then with the credit cards, that's about 205amonth amongst the different credit cards. And then we've got a family debt of 3600 0%, 100 bucks a month. This is the block that's in front of us. The debt is a block for this mom. If we were able to be debt free, the total cash flow recovery 1,665 42 would be the cash flow gain. If we could pay all this off, that would be the cash flow on top of the cash flow. I already have thousand 1034. Then on top of that she. So from this expense number we have implemented a profit first strategy as well. Another mindset move, profit first is when you pay yourself before you get, before you even spend money, you save money. So every month she is intentionally saving 400amonth and that's going into emergency fund. So from a debt payoff standpoint and then total cash flow when it's all said and done, let's see where we're at. So we got about 3,000 bucks a month that we could recapture and be back in control of. That's. So this is the debt payoff side of things. What are we currently doing right now? Again, cash flow index formula. So we are focusing on eliminating some of the credit card debt. There's one specific card that we owe 8815 42. So 881542 monthly payment 133. And so we're taking that cash flow plus that 133 and we're just packing it on the card as of now. There is an additional strategy, as you know, if you're a frequent on this YouTube channel, that we could probably do velocity banking with that credit card by running some of her bills on that card, reducing the interest costs on a monthly basis, getting some points in cash back, all that good stuff. That's wonderful if you are disciplined and can commit to it. Sometimes when I work with folks, they're not able to do it either for just comprehension. Hard to get, takes a little bit long. Something happens, life happens, throws them off. They find themselves increasing the credit card debt instead of decreasing it. So whenever I see that in households, I just tell them, look, it's not worth trying a strategy when there's all this risk attached to it. If we don't fully get it and we don't have the Committed framework and foundation to execute that strategy, it is going to take a level of discipline and focus, not just any level, but a high level of discipline and focus to execute something like that. To me, it's simple, but not to everyone. So I have her just simply making extra payments on that card. I said, the moment you pay it off, then we can maybe reuse that card. Because one of the cool parts about this specific credit card, her interest rate is 8%. 8.9%. Sorry, 8.9% on that. On that credit card, which is nice. That could be a good tool down the line. But again, we're not going to abuse or we're not going to have the strategy abuse us if we can't control it. So we have to know if we're going to implement any kind of complex financial debt payoff plan, do we have the wherewithal, the Committed foundation, to execute that, or do we need a little more time, do something a little bit simpler and then go from there? Now, as we're building that out, what I'm starting to really focus on as well with my clients is the, the wealth conversation side. And what position do I need to put myself in to accelerate wealth? My conviction, me personally, my conviction as it, as it pertains to building wealth, having the freedom, the resources to execute your purpose on this planet. The most efficient way to do that is to have a business.