DJ Walker

I thought six figures would bring financial peace. Instead, I found: • Debt • Car payments • Credit card balances • Stress Income and financial peace are not the same thing.

@AccentInvesting When I started treating my household like a business, paying off 20%+ debt became an easy decision. No CFO would borrow at 20%+ hoping to earn 10%. This week I paid off my last credit card. Best investment I’ve made all year.

Paying off debt is one of the highest guaranteed returns you can get. An 18% APR credit card paid off is an 18% risk-free return. Find me that in the market.

@daniel_dinoia At my worst, consumer debt was costing me $32 a day in interest. Nobody told me that part when they said debt was normal. Today it’s down to $6 a day, and dropping.

They told you debt was normal. Car payment, credit card, student loan, mortgage, all "just part of life." Normal for who? Normal for the banks collecting interest on every dollar you'll earn for the next 30 years. Their normal is your cage.

@KevinDeShazo I used to think my problem was income. Then I got raises. The debt was still there. The real problem was that I wasn’t acting like the CFO of my own household. Once I took ownership, made a budget, and started tracking every dollar, everything changed.

The only thing stopping you from getting better is you. Take ownership. Be accountable. Do the work.

@0xRuzy Many today don't feel they have agency, which is just incorrect. It is time you start happening to life, instead of life happening to you.

Caleb said a lot of young people(GenZ) still see themselves as children well into adulthood and don’t feel responsible for taking care of themselves. Caleb Hammer: There's something really interesting happening in our culture right now that I cannot define super well. I always mess up with the words. Infantil... infantilization? Theo Von: Infantilization. Caleb Hammer: Infantilization, yes. Theo Von: Okay. Caleb Hammer: Thank you. A lot of people, I don't know, everyone's like, "I'm 19, I'm still a child." There's a lot of that conversation that I'm having on my show. And honestly, I didn't notice it too much until I started doing my show. And then, you know, being a little active on Reddit or Twitter, it's like everyone's really acting like they're a kid until they're like 25 now. And I don't really know what's... Theo Von: Tall baby syndrome, kind of.

People who try to "get rich quick", end up being broke. People who aim to "get rich slow", end up getting rich.

@AccentInvesting A few days ago I paid off my last credit card. That’s not generational wealth. But it might be the decision that allows my kids to experience it someday. Nothing changed until something changed.

Generational wealth doesn't start with millions. It starts with the first person in a family who decides to stop spending everything they earn.

At my worst, my debt was costing me $32 a day in interest. ALMOST $1000/month! Today it’s about $6. The biggest lesson? Debt payoff feels painfully slow until one day you realize you’ve cut the interest by 80% and your entire financial future looks different.

@drboycewatkins1 Dave Ramsey talks about being the CFO of your household. If my company had spent money the way I spent money a few years ago, I’d have fired myself. The budget wasn’t restrictive—it was the first real financial plan my money ever had.

Alert: The US personal savings rate just crashed to 2.6%, nearly a 65-year low, while inflation runs at 4.2% and wages only grew 3.6%. If your savings are shrinking every month, the problem is not your income -- it is that your money has no plan.

@Therichardralph Planning on 15% once I get out of my consumer debt.

What percentage of your salary do you put into pension. I put 14% in, and I'm considering going to 20%. Pensions are often the most tax efficient way to build wealth. Transfer to a SIPP where possible to ensure you build that wealth effectively.

@theCFOInvestor @iamcoriarnold What do you use to track yours?

@DJWalkergpf @iamcoriarnold Really transformative for me as well

The hardest habits improve your life in big ways: - working out - eating healthy - tracking financials - investing consistently Below are 5 tips to improve your habits:

Funny thing is, he didn’t give me a complicated financial strategy. He just gave me a different way to think about money.

Years ago, I thought having a car payment was just part of adult life. Then a coworker nearing retirement told me he paid cash for his vehicles. “How?” I asked. “You just start.” That conversation stuck with me. This week I paid off my last credit card, and for the first time I can actually see a path toward becoming the guy who pays cash instead of the guy making payments.

@TKopelman I spent years looking for the “best” financial strategy and thinking I was making progress. The breakthrough came when my wife and I started following a detailed budget every month. Consistency did more for our finances than optimization ever did.

There is no perfect financial plan for everyone The best financial plan is the one you actually follow Not the most optimized or complex one The one that fits you, your life, and your goals Simple and consistent beats complex and abandoned every time

@94tec1 This was me. Getting on a detailed budget and combining finances with my wife changed my life.

You say "when I make more, I’ll save." Liar. You’ll just spend more. Because it’s not the amount. It’s the habit

@The_MMW Being rich is having money. Being wealthy is having money, health, and time. Financial peace is when none of those things keep you up at night. Can’t wait to be out of debt.

Being rich means you have money. Being wealthy means you have money, health, and free time.

When a problem happens at work, we don’t just treat the symptom. We ask why. Then why again. And again. Debt was the same way for me. Credit cards weren’t the problem. My lack of a budget was.

As a Warehouse Manager, I help oversee millions of dollars in inventory. If inventory goes missing, costs aren’t controlled, or there’s no plan, people notice. Then I looked at my personal finances. Credit card debt. No detailed budget. Money disappearing every month. I was managing a business better than I was managing my own household. Dave Ramsey calls it being the CFO of You, inc. A few years ago, I would’ve failed the performance review. Yesterday I paid off my last credit card. The budget changed everything.

@ItsJamesHall I learned this the hard way. We didn’t get out of debt because we suddenly made more money. We got out of debt because we finally put every dollar on paper and started telling our money where to go. Income helps. Behavior changes everything.

Building wealth isn't always about income. Its about spending less than you earn, avoiding high-interest debt on liabilities, investing consistently. Wealth can be built at any income level. It might be boring, but it works.

I learned this the hard way. Lowering the rate helps. Getting on a budget and changing the spending habits that created the debt is what actually changes your future. You can’t refinance your way out of behavior.