Phil Kennedy: Get Out of Debt ASAP To Survive The New Depression

from WallStForMainSt

Jason Burack of Wall St for Main St had on first time guest, Philip Kennedy of Kennedy Financial

Phil is a Certified Fraud Examiner, Certified Public Accountant (CPA) and his is a Certified Financial Planner (CFP) candidate. His full bio can be found here:

Phil started his volunteer based non-profit Kennedy Financial to help military and middle class families in the US get out of debt and also to start saving and investing.

Phil has also written a new book, Financial Judo: Leverage The Crash to Your Advantage, which is free to download as an e-book in exchange for an email address on his website.

Phil also has a new YouTube channel with a lot of good interviews to check out.

During this 25+ minute interview, Jason asks Phil about his background and how he found the Austrian School of Economics?

Phil talks about how he worked hard to get through school and to get all of his certifications and how after he graduated he and his wife wanted to get out of debt asap. Phil found the Austrian School of Economics from Tom Woods’ book, Meltdown which was written in 2009 right after the stock market crash in 2008.

Jason then asks Phil about his new book, Financial Judo, what is judo and why he chose the title?

Phil gives a summary of the book and says it’s meant for beginners to personal finance and investing. The book has stories and suggestions how to start getting out of debt and what investments to buy with new savings like gold and silver.

Jason and Phil discuss living in the DC metro area and the state of the US economy, which is nowhere near as good as President Obama claims.

Phil thinks the US is already in a depression and that there was no recovery in 2008.

Jason then asks Phil about the amount of fraud in corporations and government in the US?

To wrap up the interview, Phil says how he thinks silver is the best investment anyone with modest means can make right now.

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