#23 How Andy Is Teaching His Kids About Money After Paying Off $50,000 in 12 Months!

Andy and his wife paid off $50,000 in debt THEN paid off their mortgage of $200,000 in 4 years! Andy shares his debt paying off tips as well tips on teaching your kids about money. Andy Hill is the award-winning blogger and podcaster behind Marriage, Kids and Money which is dedicated to helping young families build wealth and thrive. Andy's advice and personal finance experience have been featured in major media outlets like Business Insider, MarketWatch and NBC News. Trusted as a personal finance influencer by national financial brands like Quicken Loans, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the US. When he's not "talking money", Andy enjoys wrestling with his two kids and singing karaoke with his wife. Find out more about Andy on his podcast, Marriage, Kids, & Money podcast as well as his website, https://www.marriagekidsandmoney.com/ Resources mentioned in this episode: The Slight Edge by Jeff Olson (https://amzn.to/381p0yx) (affiliate link) The FREE Debt Snowball Starter Pack (https://www.budgetsmadeeasy.com/debt-bundle/) Full Transcript: Welcome to the money mindset podcast where you will find the inspiration and motivation you need to manage your money better so you can stress less and live the life you want. It's Ashley from budget's made easy. And the money mindset podcast, I'm so excited. Today we are talking to Andy Hill. He is an award winning blogger and podcaster behind marriage kids and money, which is dedicated to helping young families build wealth and thrive. And his advice and personal finance experience had been featured in major media outlets like business insider, MarketWatch and NBC news shares sued as a personal finance influencer by national financial brands like Quicken loans. Andy's message, a family financial empowerment has resonated with listeners, readers and viewers across the U S when he's not talking about money. And he enjoys wrestling with his two kids singing karaoke with his wife. So I am so excited to talk to Andy today about how they, he actually has a couple of topics today, so we're going to talk to him about paying off $50,000 in debt in just 12 months. And then they paid off their mortgage of $200,000 in just four years. And then I talked to them about getting your kid or teaching your kids about money and the different things he does with this kids, which he had some really great ideas that I'm going to actually implement with my children as well. So if you would like to get started on paying off your debt, just like Andy, you can go get my free debt, snowball starter pack, but a budgetsmadeeasy.com/debt-bundle and I will link to it in the show notes as well. So welcome Andy. Hi Andy. Thank you so much for being here today. I'm so excited to be here. Ashley, thank you for having me and I am so excited to talk to you about your debt payoff story. You know, I share a lot of those on my podcast and on my blog. I just love how inspirational, motivation, motivational they are to me and other people as well. Um, but before we dive into your, um, debt payoff strike, can you just tell us a little bit about yourself and how you got started? Yeah, sure. So I host a podcast called marriage kids and money. It is a weekly show that allows me to talk with folks like yourself and learn from them on how they paid off their debt or how they became financially independent or how they paid off their mortgage, or I became a young millionaire and I take that information and I share it with the audience that listens to my show. And the reason I did that is that I wanted to learn and I wanted to help my young family thrive. And I thought that would be a really fun medium to do it. So I've been doing that for about three years and that is been keeping me busy in the personal finance world. Yeah, that's awesome. I love your podcasts. So, uh, if you're, if you're listening to this, go listen to his as well. But so how did you decide to start paying off debt and how much debt did you have? Like, what was your aha moment for change? Yeah, sure. So in 2010, my wife and I got married and at that point we were very happy and young and in love and I went to concerts and going to the bar and going to restaurants, just having fun, you to live in for today, enjoying ourselves, being young, being fun, you know. And uh, right around the time that we learned that we were going to be parents, I had sort of this click in my brain that happened that said, wow, aye bringing a human into the world. I need to take care of her. I need to give her the [inaudible] best life possible. And the first thing that came to my mind maybe cause I'm a money nerd, is I need to get my financial situation straight. I've always been like a saver, but I've been trying to kind of keep up with the lifestyle that I was used to before. I have, you know, when I was younger, but I didn't really have the income and the debt sort of piled up. And, uh, I had about