After climbing out of $187,000 in debt and coming out on the other side as a business leader and financial coach, Simone Milasas decided to devote her life to helping others navigate their own financial struggles. Milasas joined Cheddar News to discuss her best-selling book "Getting Out of Debt Joyfully," and her top tips to manage your money and your happiest life.  

Cheddar's News Wrap

How to 'Get out of Debt Joyfully'

Welcome back to Cheddar news right now, our next guest says quote, no one should have a money problem, especially not you. And after climbing out of $187,000 in debt and coming out on the other side as a business leader and financial coach. She now devotes her life to help others navigate their own financial struggles all while living their happiest life joining me now is Simone molasses, best selling author and entrepreneur and Simone. What are some of the practical tools you use to get yourself out of death debt rather within two years? So 100 and 87 grand gone in two years. Tell us how Yeah, well it might be a little bit like death as well because most people create their debt like that. Look, I was definitely one of those people who used to just disregard money, I would disdain it, I didn't want to talk about it etcetera. And then when I realized I was so in debt and I was avoiding looking at money, I went, you know what, I've got to start doing something different. So I think that's number one is look at doing something different and being different. I mean Einstein says that the definition of insanity is doing the same thing and expecting a different result. So I went okay, I need to just change the way I look at this. So I came across access consciousness and they have these amazing money tools in there and I started using them and they didn't make any sense to me, but I started using some of those tools. So number one was I started looking at, You know what is my point of view around money because I realized I was buying everybody else's point of view around money and not realizing like what is my point of view here? The 10% that you put away for you. It's a great tool. It's like every single dollar you earn, you put 10 cents away that's just for you. So you call it an account. Now this made absolutely no sense to me because I was so in debt and I was like I'm really just going to be putting 10% away. That's just for me it's not for a rainy day, it's not to pay the unexpected bill, it's not to help out a friend. It's literally you're putting it away just for you. So I made the demand of myself. I would do this for three months and I would see okay what shows up after three months and after three months I looked at my accounts and I realized you know, I didn't have a great deal of money but there was a different point of view I had and a different energy around money. It was more of a relaxation because I actually had this money sitting in my account. So that was one of the main tools I used that changed a lot for me. So it says getting out of debt joyfully. That's the name of the book. Usually when you hear debt, you don't hear joy too close to it. So what kind of mind shift change did you have to have and what others should have when it comes to tackling debt? Look I think so many people and especially in the U. S. You have these massive college funds that you've got to pay back et cetera. And then I have spoken to so many people in the US who literally don't want to make money because somewhere like in this, you know the point of view back here, they don't want to make money because all they're doing is paying off their debt. So I looked at this and went well what if it could be joyful and you still have to live? That is a really really key piece here. You still have to live. So if you are still living but you're not ignoring and dismissing money and you start to educate yourself on what it's like to have money, what it's like to enjoy money. Like like I said at the beginning a different point of view. So that's why I did enjoy your business. It's like I've always loved business. So that was my first book, I wrote Joy business. That's because I was like wow we get to create whatever we desire in the world through business and then getting out of debt joyfully? I thought why not make it joyful instead of this like heartache and this trauma and drama. So does this really come down to mind over matter when it comes to tackling your debt. You really do have to have a shift in your mentality not just take the action. What would you recommend? Yeah. Look, I think it's really important ken to have that because every single thing you say and everything you think you literally create your reality. So the second you know you're asking for money and then maybe you see this great car go by and you go, oh I could never afford that. Well you've just uninvited money. So one of the things I used to do at the end of every day was I would destroy and and create the point of view of where I uninvited money today and it doesn't mean that you have to go out and buy that car. But what I'd like to invite you to is being in question and asking a question like what would it take for me to have this car in my life? What would it take for me to have more money? Like what action can I take today that would have more revenue streams showing up. So you've got to be in question and not have this mindset of, it's not possible because if you have that mindset of it's not possible, that's exactly what you're going to create now. My last question for you is what would you tell a viewer who's watching, who's living paycheck to paycheck facing record? High inflation is finding themselves under a mountain of debt, but they want to pay that debt off. Look, I honestly, I've been there, done that. I slept in a train station in Munich because I had no money. It's like sleeping on people's lounge room floors. I've done all of that. And in truth, you really have to wake up each day and go, okay, today is the day that I'm changing my point of view. And like I mentioned before, what action can I take? Because there's a lot of people who talk about, oh, I wish I had this, I wish I had that. But unless you take some action, it's not going to show up and you are the one that gets to choose your reality. You are the one that gets to create your financial reality. It's nobody else. It's your choice. So start choosing something different today. I love that. Simone malicious. You are a fantastic best selling author and entrepreneur. I'm glad you got out of that debt. We all could use that right now. We appreciate, we appreciate your time