Category Archives: Podcasts

Episode-80- TSP Rewind – What Debt Freedom Means Play Now | Play in Popup | Download

Today is an episode of TSP Rewind, commercial free versions of past podcast episodes.

Today’s episode was originally, Episode-438- What Debt Freedom Means and was first published on May 19th 2010.

The following are the original show notes from that episode.

Yesterday I made my second large purchase of the year, a 2005 F-350 Diesel Super Duty I got for 30% under its Kelly Blue Book Value, I paid cash.  Earlier this year I bought a new RV (a Shamrock 21ss) I also paid cash.  I almost feel guilty about this but it got me thinking, 8 years ago my wife and I sate down face in hands looking at over 25K in credit card debt, medical bills (which grew before they shrank) and more.

We thought “how did we let this happen”, we thought about just letting things keep going and paying a “little bit more” on a few debts.  Our income was great, our house payment was low, it would all be okay, a meeting with a “financial liar” confirmed it wold be fine.  The liar even suggested we take out some home equity since we had so much if we were worried about low cash reserves.

In my head the wisdom of my grandmother screamed out over the words of this clown who had the arrogance to claim he understood money.  My wife and I began a journey, one many of you have followed as well.  I have discussed he journey and the how and why behind it, yet until today I have never discussed the freedom that lies on the other side.

In January I walked away from a six figure salary to do TSP full time.  It was a hard choice but we had paid all debt by that point and began saving money heavily.  We jumped from stocks before the crash and had not taken the hit.  Something totally unexpected occurred though, despite a massive reduction in my income, we actually seem to now have more money.

I have started to really understand why this is the case and a lot of your “post debt” emails took on a new meaning for me as of yesterday.  So today while I will talk a bit about debt, I am going to talk far more about what completing the journey will mean.  If you are going fight a difficult battle you need to realize what victory will mean.

Episode-78- TSP Rewind The Cancer and Slavery of Debt Play Now | Play in Popup | Download

Today is an episode of TSP Rewind, commercial free versions of past podcast episodes.

Today’s episode was originally,  Episode-369- The Cancer and Slavery of Debt and was first published on Feb. 22nd, 2010.

The following are the original show notes from that episode.

Today we back up and take a deeper look at the topic of debt and how it both destroys lives in good times and bad.  Debt is a cancer that is destroying America.  We have been sold a false dream, a false dream that robs the true dream of America’s legacy of freedom.

Join me today as we discuss…

• The basic rules of survival
• The false dream of debt vs the real dream that is America
• Why debt really is cancer and why it will make you act in fear
• How debt leads to bigger government
• Why financial management and debt elimination cannot be separated from survivalism
• The cost of debt must be measured in time, not dollars for the horror to become evident
• The only way to eliminate debt
• Why people in debt out spend people who are debt free
• Why you must at least start eliminating debt if you want to be a modern survivalist
• The main way to be a survivor is to reduce dependence
• Inflation punishes savers, save anyway
• We are forced into risk, debt makes that worse
• The solution is in your hands

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.

Episode-77- TSP Rewind – The Missed Lessons of Major Disasters Play Now | Play in Popup | Download

Today is an episode of TSP Rewind, commercial free versions of past podcast episodes.

Today’s episode was originally,  Episode-366- The Missed Lessons of Major Disasters and was first published on January 28th, 2010.

The following are the original show notes from that episode.

It seems there is always a disaster somewhere in the world.  Right now eyes are on Haiti, over the last two decades we have had many.  The LA Riots, The California Quake, Hurricanes Andrew, Ike, Rita and of course Katrina.  Lesser publicized weather events like the Ft. Worth and Arlington Tornado (which we lived through), the Mississippi floods of the 90s, Tropical Storm Fay in Jacksonville and more.

Each time we hear how we have “learned” from the event and will do better next time, yet a lot of what we learn misses many of the real lessons.  This will be the subject of today’s podcast.

Join me today as we discuss…

• More first responders per individual
• Biggest shortages are food, water and shelter
• Law and order will break down
• Law abiding citizens often become targets of law enforcement
• The media loves hardship, blame and is never part of the solution
• The size and scope of large disasters has actually be quite small
• Government and your fellow man will help but you may still be on your own
• Redundancy in your preparations is critical
• The disaster is not the biggest danger, the aftermath is
• The cause is less important then the removal of systems of support
• Money can become worthless, beer can be a currency
• Free societies are vulnerable
• What happens elsewhere can and very well may effect you
• It can happen where you live
• It is up to you, no matter the intentions of others

Remember to comment, chime in and tell us your thoughts, this podcast is one man’s opinion, not a lecture or sermon. Also please enter our listener appreciation contest and help spread the word about our show. Also remember you can call in your questions and comments to 866-65-THINK and you might hear yourself on the air.