About this episode
C-Roc introduces Deacon Hayes, who paid off $52,000 of debt in 18 months and now helps others achieve financial freedom. Deacon discusses his challenging upbringing with divorced parents, a mother on welfare, and a father in jail, emphasizing perseverance as a crucial trait in overcoming personal and financial obstacles. Initially believing debt was necessary, Deacon realized it perpetuated a paycheck-to-paycheck cycle. Learning from successful people and financial books like Rich Dad Poor Dad and Total Money Makeover he adopted Dave Ramsey's debt snowball method to eliminate his debt. Deacon also values using credit cards wisely for rewards and prefers index funds over mutual funds for their lower costs and better performance. He shares his real estate investment experience during the 2007-2008 crash, stressing the importance of risk calculation and considering all potential costs. Deacon's career transitioned from wood flooring sales to financial planning and eventually to running his financial website, Well Kept Wallet. A significant turning point was a local TV feature that brought substantial traffic and revenue to his website. Deacon highlights the importance of a clear call to action in PR and media appearances, using search engine optimization (SEO) to attract consistent traffic, and engaging his audience with valuable content and challenges like the $1,000 savings challenge. Website- https://wellkeptwallet.com Social Media Links/ https://www.instagram.com/wellkeptwallet https://www.youtube.com/wellkeptwallet