PIT 42: From $55K in Credit Card Debt to Property Owner (With Marcus Pearce)

Marcus Pearce and his wife, Sarah, enjoyed a great big wedding, setup a business with all the trimmings … and found themselves in more than $50,000 in credit card debt (not including business overdrafts and loans). 

It’s been a rocky road for Marcus to become a property owner, but having knuckled on some timeless financial wisdom from books including Think and Grow Rich, The Richest Man in Babylon and more, Marcus shares his story from bad debt to good debt. 

When he’s not discussing property, Marcus is talking longevity and life design. He is the author of Your Exceptional Life and runs a 2-day event in Byron Bay each year called Create Your Exceptional Life. You can find out more at www.marcuspearce.com.au

We also discuss – 

5:35 – Thinking credit cards were good

7:45 – Being $55k in credit card debt (and the justifications that go with it)

14:25 – The importance of goal setting

21:25 – Living close to family

42:45 – Delayed gratification and learning

44:30 – The 8 key areas of life to focus on

Once you’ve listened to this episode, I’d love it if you hit the subscribe button so you get notified every time a new episode drops. 

I love hearing people’s property investor tales so if you’d like to share yours then please get in touch with me via email at [email protected] 

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

About the Author
A 13-Year Property Coach and strategist at Positive Real Estate, Tabitha is a licensed real estate agent in NSW and VIC, and has her Cert IV in both Property Services and Finance. She has personally coached over 600 Clients and her passion for education, property and client results focus everything she does at Positive Real Estate and we’re better for it.