Scott Alan Turner is a family guy and early retiree. Scott learned how to manage his money by accident, and calls himself a former money moron.
Today, Scott Alan Turner hosts his own podcast called the Scott Alan Turner Podcast. That podcast is also a syndicated radio show, and he helps listeners get away from living paycheck-to-paycheck, pay off debt faster, to ultimately save and invest faster.
We will hear Scott’s story of how he recognized he was in a financial rut after taking the advice from a coworker to “buy as much house as the bank says you can afford.” He found himself overwhelmed with a big mortgage, car payment, furniture purchased on credit, and no money in savings. Following this advice put him officially into the rat race and he didn’t like it.
Today, Scott is married, has children, and is financially free. He helps people find their way to financial freedom following proven strategies with personal finance.
Check out his story in this episode if you haven’t listened already.
If you have listened, check out his website, book, and podcast all linked below.
On Scott’s website, you can find blog posts, podcast episodes, and tools like the following to help you with your money:
- Investing calculator
- Latte factor calculator
- 401k loan calculator
Table of Contents
Get Out of Your Financial Rut
Overcoming a financial rut can be difficult, but it is possible. If you are in a financial rut, the first thing you need to do is evaluate your current situation. Take a look at your income and expenses, and see where you can cut back. You may be able to save money by cutting back on your spending, or you may need to find ways to increase your income. Once you have done that, you can begin to make changes in your spending habits and budget.
Making changes in your spending habits and budget is a good place to start, but you may also need to make changes in your lifestyle. If you are willing to make some sacrifices, you can find ways to save money and get out of debt. You may need to downsize your home, or you may need to get a second job. Whatever you do, make sure that you are making changes that will help you get out of your financial rut.
If you are having trouble making ends meet, there are many resources available to help you. You can contact your local community action agency or family service agency for help with budgeting and money management. You can also contact your creditors to try to work out a payment plan. If you are struggling with debt, there are many options available to help you get out of debt. You can contact a credit counseling service, or you can try to negotiate with your creditors yourself. Whatever you do, make sure that you are taking action to get out of your financial rut.
Scott Alan Turner
Scott Alan Turner, CFP®. is on a mad mission to help people get ultimate happiness, financial freedom, and a life full of awesome experiences.
He is a former money moron, who lived paycheck-to-paycheck and even lost $40k by following bad investment advice. Like many Americans, he racked up a load of credit card debt. But by age 35, he turned it all around and became a millionaire.
In a world of get-rich-quick schemes, biased advice, and financial pied pipers, Scott’s authentic, no-holds-barred approach makes it possible for anyone to absolutely rock their personal finances. Watch Scott’s Story, viewed over 100,000 times.
Resources
Book: 99-Minute Millionaire (buy it on Amazon)
Scott Alan Turner Podcast on iTunes, Google Play Music, Website
Listen to these related episodes on getting out of a financial rut:
Hiring a Financial Planner So You Can Live Intentionally – BtR 278
How a Lawyer Momma of Six Helps Families Find Financial Independence – BtR 224
A CentsAble Chat with Personal Finance Coach Bobbi Olsen – BtR 221
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