When we think of debt, most of us view it as a four-letter word. Debt can take over your life and destroy it, but it can also be a tool to build your best life. Debt doesn’t have to be a four-letter word, and in this episode of Live Life Rich, Marissa explains why having a plan can help you leverage your debt to maximize your wealth. In this episode, you will hear: How much debt the average American has in comparison to their earning potential and average income. What good and bad debts are and how to calculate your debt-to-income ratio Why getting organized will help you get your debt under control Where you can find Marissa’s Seven Steps to Destroy Debt How having a plan and intentionality can help you create financial freedom Why financial freedom can help you give more to others Subscribe and Review Please share this podcast with your friends and family. Our beliefs really do drive our behavior and you are born for more. Have you subscribed to my podcast? If the answer is no, I’d love for you to subscribe. Live Life Rich is full of stories of business, some behind the scenes, and freaking amazing guests. If you’re feeling really generous, I’d love for you to give me a review over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps me out a ton! Supporting Resources: https://marissanehlsen.com Facebook: https://www.facebook.com/marissa.nehlsen Instagram: https://www.instagram.com/marissanehlsen/ Standard of Living Budget Worksheet: https://marissanehlsen.com/standard/ Bulletproof Your Business: https://marissanehlsen.com/bulletproofyourbusiness/ The E Myth by Michael E. Gerber: https://www.amazon.com/Myth-Revisited-Small-Businesses-About/dp/0887307280 Get my “15 Ways to Create Cash in Your Business” download: https://15stepstofreedom.com Join the Live Life Rich Community Facebook group: https://www.facebook.com/groups/liveliferich/ *** Episode Credits If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com.  Let them know I sent you.