From $55k in Credit Card Debt to Property Owner

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Marcus Pearce and his wife, Sarah, enjoyed a great big wedding, setup a business with all the trimmings … and found themselves in more than $50,000 in credit card debt (not including business overdrafts and loans).

It’s been a rocky road for Marcus to become a property owner, but having knuckled on some timeless financial wisdom from books including Think and Grow Rich, The Richest Man in Babylon and more, Marcus shares his story from bad debt to good debt.

When he’s not discussing property, Marcus is talking longevity and life design. He is the author of Your Exceptional Life and runs a 2-day event in Byron Bay each year called Create Your Exceptional Life. You can find out more at www.marcuspearce.com.au

5:35 – Thinking credit cards were good

7:45 – Being $55k in credit card debt (and the justifications that go with it)

14:25 – The importance of goal setting

21:25 – Living close to family

42:45 – Delayed gratification and learning

44:30 – The 8 key areas of life to focus on

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I love hearing people’s property investor tales so if you’d like to share yours then please get in touch with me via email at [email protected] You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au