$250K Earners Still 'Trapped' - High-Interest Debt Is 'Eating Them Alive': Michael Gentile episode artwork

EPISODE · Aug 26, 2026 · 1H

$250K Earners Still 'Trapped' - High-Interest Debt Is 'Eating Them Alive': Michael Gentile

from Living Your Greatness · host Ben Mumme

Michael Gentile of Bastion Asset Management explains why people earning $150,000 to $250,000 a year can still end up with unpaid credit cards and debt collectors calling, and why he believes the problem is rarely how much they earn. Gentile breaks down what $20,000 of credit card debt at 20% interest actually costs, why paying it off can take years rather than months, why he challenges the conventional wisdom around real estate, and the simple rule he uses with his 13-year-old daughter to make saving automatic. _ Sign up for my free weekly newsletter. _ WHERE TO FIND BEN MUMME 👇 Twitter Medium YouTube Instagram Website LinkedIn _ WHERE TO FIND MICHAEL GENTILE 👇 Website LinkedIn The Apostles Fund

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$250K Earners Still 'Trapped' - High-Interest Debt Is 'Eating Them Alive': Michael Gentile

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