“If you believe that you’re a bad spouse, then you’re going to be a bad spouse. If you believe that you’re bad with money, you’re just going to happen to spend that extra amount that you have that could have gone into savings. ”—  Billy Hofacker11 years ago, personal trainer Billy Hofacker opened his front door to find his car being repossessed. While he was doing amazing work helping other people achieve their fitness goals, he was struggling with his financial health… and was $130,000 in debt.Within just five years, he had paid back every last penny!Now, Billy is a black belt in both Brazilian Jiu-Jitsu AND in fitness finance. Billy is the owner and CEO of Total Body Boot Camp and Performance Center, with two facilities operating in Long Island, New York. He also helps fitness professionals build their financial muscles through his Your Fitness Money Coach podcast and program.Tune in to learn how Billy turned his repossession into a financial turning point, why it’s important to settle for taking “messy” actions, and his #1 piece of advice for people dealing with financial challenges.In‌ ‌this‌ ‌episode,‌ ‌you’ll discover:‌ ‌The small, day-to-day decisions that can dramatically increase debt over timeThe big lesson that Billy learned through his debt and repayment journey — and how mindset helped him shift his behaviour The psychological effects of debt and simple techniques for overcoming themAbout Billy Hofacker: Billy Hofacker is the owner and CEO of Total Body Boot Camp and Performance Center, a personal trainer for 20+ years, the author of Fitness Profits: A Simple Plan for Achieving Financial Freedom, and the host of the Your Fitness Money Coach Podcast.   Highlights:‌ ‌01:03  Intro02:04  Meet Billy Hofacker04:46  Billy’s finance journey08:31  The Big lesson11:19  Small decisions that lead to debt13:20  Psychological effects & coping techniques17:26  Top advice20:48  Takeaway ‌Links:‌ ‌Billy Hofackerhttps://yourfitnessmoneycoach.com https://www.facebook.com/billyhofacker https://open.spotify.com/show/0gUKZq0q3ktn9wc4zEVswF https://www.amazon.com/Fitness-Profits-Achieving-Financial-Freedom/dp/B098PGK2TC Instagram: @billyhofacker  The Business Society: https://thebusinesssociety.co   5-Step Roadmap to Biz Finance Freedom: https://melissahoustoncpa.lpages.co/5-step-biz-finance-roadmapWork with me: https://www.melissahoustoncpa.com/work-with-meWant more tips and inspiration? Follow me on Twitter @melissahcpa and Pinterest @melissahoustoncpacga and visit my website: https://www.melissahoustoncpa.comNeed a Fractional CFO?  Check out The Fractional CFO Agency!Work with me: Book a 90-minute Strategy Call Follow me on: IG: @melissahoustoncpaLinkedIn: @melissahoustoncpa

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