Escaping Debt with Deacon Hayes

On this episode of the Phoenix Prosperity Podcast, host Tim Fergestad welcomes Deacon Hayes, the founder of Well Kept Wallet, a platform dedicated to helping people make money, save money, and escape the weight of debt. Deacon shares the inspiring story of how he and his wife tackled $52,000 in debt using simple, actionable strategies that anyone can implement.

Deacon discusses the philosophy behind his financial approach, emphasizing the importance of education, tools like the debt snowball method, and shifting from trading time for money to building streams of income. He also reveals how Well Kept Wallet evolved from a simple blog to a global brand offering financial education across platforms like YouTube, TikTok, and Instagram.

Other highlights include:

• Why January is the perfect month to review your portfolio.
• How Deacon's financial checklist simplifies the path to financial freedom.
• The impact of teaching financial literacy to kids, including tips for empowering the next generation.
• The benefits of focusing on index funds and diversification while avoiding emotional investment pitfalls.

 

---------------------------------------------------- Interested in being part of this? Please visit our guest invitation page where you can learn more and fill out a brief questionnaire to get started: https://phoenixprosperitypodcast.com/guest It’s going to be enlightening and, most importantly, a lot of fun. I’d love for you to be a part of it!