027: How to Stop Living Paycheck to Paycheck & Pay Off Debt (Financial Coaching)

If you’re struggling with debt, living paycheck to paycheck, or feel stuck financially, this episode breaks down how financial coaching actually works and how people rebuild their finances step by step.   In this conversation, you learn what financial coaching is, how it differs from budgeting, wealth building, and debt relief, and what happens during a real first financial coaching session. You’ll discover which areas of your finances are addressed first, the most common spending habits that lead to debt, and the financial behaviors a coach helps you build for long-term stability.   The episode dives into the psychology of money, including why people regress into bad spending habits, how self-doubt and financial trauma affect decisions, and why mindset plays a major role in getting out of debt. You’ll also learn how people afford financial coaching even while in debt, how the Wangberg Snowball Calculator works, and why paying off debt is more emotional than mathematical.   You’ll hear practical strategies for earning cash back without credit cards, avoiding holiday overspending, and breaking the cycle of relying on external solutions instead of personal financial discipline. The episode also covers advice for aspiring financial coaches and what it really takes to help others change their financial lives.   Whether you’re trying to get out of debt, improve your money habits, stop living paycheck to paycheck, or understand financial coaching, this episode gives you clear, real-world insight you can apply immediately.   Topics covered: financial coaching, debt payoff, budgeting, money habits, paycheck to paycheck, debt snowball, financial mindset, spending habits, holiday spending, personal finance coaching.   IG: https://www.instagram.com/financecoachdw FB: https://www.facebook.com/financecoachdw TH: https://www.threads.com/@financecoachdw X: https://x.com/financecoachdw TK: https://www.tiktok.com/@financecoachdw E: [email protected] Web: https://wangbergfinancialcoaching.com/   If you are listening to this podcast, I'd really appreciate your support. Please like and subscribe to the channel. It helps motivate me to keep creating more content. Thanks!