The Truth about being DEBT FREE!

I wanted to give my opinion of what being debt free is like and what it has done for me. Here is my opinion of whether living debt free is worth it.

Please follow me on Instagram and Facebook at YakMotley.

Also, I am not an attorney, CPA or financial advisor. Consult your own professional this is just my opinions.

[jayc]

I hate debt.. I bought my car, my home and my rental properties all cash..and i have no regrets so far

[georgehubbard]

Not being a slave to the bank... Priceless!
As easy as credit is to obtain, it takes discipline and a work ethic to be debt free and indescribably worth it when you reach that goal.
Freedom is addictive!

[redstripeblueboat]

Great advice! My wife and I have no debt, money in savings, and are planning on building a house with very little loan money. You are exactly right about having peace of mind! Great video

[jasondeansmith]

I think you’re turning into an inspirational speaker. Very uplifting

[jonathancoley]

Great video Jack! Peace of mind is priceless. In this day and time not to be a slave to a job or career that you hate makes you way more “wealthy” than people realize. You’ll always have some financial responsibilities but being as we only have one life to live, live life to it’s fullest and do what makes you and you family happy. Life is short, make memories not payments. No one is promised tomorrow. Keep up the great work Yak! 🤙🏼

[FernandoOrtegaJimenez]

Simple logic explanations and great job with the win! It was indeed a complete beginners guide. Thanks a lot! ☺☺☺

[MrMpwood]

Small world. I’m pretty sure we were in the same platoon in basic training in 2009 at Ft. Sill.

Totally agree, when I was 22 I bought a new F150 I couldn’t afford as a graduation gift from college. I was constantly stressed about making the payments. About a year later I made the decision to sell the tuck and get debt free. One of the best decisions I’ve ever made!

[YASMINOGBU]

This is one of the best videos I’ve ever seen online about being debt free!
A man with experience isn’t at mercy to a man with an opinion! 💪🏼

[gatormc]

The really, really, REALLY best thing of being debt free is, the retention of your hair, lol. When i hit that freedom spot, i noticed my hair coming back(yea baby!!). Smart advice you gave for free. Hope people understand the true value that you provided. Thx for sharing! 850💪!

[stevemoran]

Could not agree more about being open with people about money. I used to make a living as a bartender. People in my line of work were usually very open about this stuff. Go to a different bar and those bartenders would ask "How'd you guys do last night?" Fast forward to my first "real" job and suddenly everyone was tight-lipped about to IRA/savings/401k. It was a culture shock that bit me a few times. Glad to see you having the conversations that should be going on both in school and in the home.

[tranger]

Great video Yak. Love your fishing vids. I'm debt free as well but after a hard lesson living in debt.

[flysubcompact]

You young people watching this....listen to what this man is saying.

[YakMotley]

Thanks for watching! How is your debt free journey going?

[tytall]

As a 6 time FPU class leader we love talking money and helping others. This year we hit Everyday Millionaire status baby Step 7. Debt Free life is freedom. Now with Wife as a Realtor the Bank Account is exploding ;)

[trueyofishing]

We need a reading list! Love this video btw. I’ve been slowly working on my debt free lifestyle

[harrisonmantooth]

Hey there Jack, just a few words to say how much I enjoyed watching this video.

My wife and I recently sold our home in CA. I've been wanting to move out of that socialist state for many years. There were some circumstances that changed in our lives that opened the doors to sell and, make a good profit. We paid off all, repeat, all of our debts. What a load was taken off of our shoulders, not having to worry and, juggle our finances. We are paying rent for a short period of time and, like you said, insurance, utilities and, food are always there.

We're going to be investing in some property with our daughter and son-in-law. A plus to this move is the fact that the state we moved to is a very "Red" state that protects our Constitutional rights. Every where you look there, you'll see Old Glory billowing in the breeze.

God Bless you and your bride Samantha, Jack.

[apom]

_Amazing story Yak, love your sincerity, I know people will listen to you and take action!_

[russellfredrick]

Very good video Jack. You need to do a video on the top 10 things you can do to make a piece of property sell better.

[SideWays]

We acquired RE assets strategically at low rates, then paid them off. Debt as a leverage tool used wisely is next level.

[cooldude]

One of your best videos! Thanks for sharing and encouraging others to give themselves peace of mind!