Bret Johnson On Overcoming Gambling Addiction, Paying off $500k in Debt & Saving His Marriage
Vložit
- čas přidán 29. 06. 2024
- Today's guest is Bret Johnson. Bret began his career as a Quarterback at UCLA and Michigan State University, and later finished his career in the CFL with the Toronto Argonauts and a quick stint with the Atlanta Falcons.Now, he continues to apply his love for coaching to his clients and staff. Bret (the other half of Team Johnson and SmartLife Inc.) has built several multimillion-dollar lifestyle companies with his wife Chalene, and has taught countless others how to do the same. But, there’s another side of the story you may not be familiar with. Bret had a crippling gambling addiction years ago that went untold for some time. When it was all said and done Bret (and Chalene) had accumulated $500k in debt due to Bret’s addiction. After hitting rock bottom, Bret transformed his life, paid off the debt and the rest is history. and he is here to tell you the complete story from start to finish and more.
What to Listen For:
00:00 Intro
01:16 How did Bret’s gambling addiction start?
05:04 Why the NFL wouldn’t have stopped his addiction
07:18 A day in the life of a gambling addict
10:22 Chalene catches Bret
13:27 Bret’s “all or nothing” mentality
16:06 3 ways to deal with an addict that you love
17:45 Paying off $500k in debt
22:03 Rebuilding trust with Chalene
24:35 Having a healthy “money mindset”
27:00 How to take a cheap family vacation while paying off debt
29:11 Bret’s process for building wealth
32:21 He spends his money on THESE two things
34:24 How therapy has helped their kids
37:55 Bret’s love for fitness
41:20 Why schools should teach financial literacy
47:10 The importance of having financial goals early on
50:13 What does Bret teach in his course?
I remember watching a doctor blow 60k in like 2 hrs… that’s when I realized how serious gambling is. After he lost he signed a paper and got another 20k in chips. The dealer told me he’s here almost every day, he’s a surgeon who has millions but he’s going to be broke soon. The dealer has been working there for like 15 years, she says it never fails. They won’t stop until they don’t have a penny! The richer they are, the worst it gets! Even if they win, they think about how much money they didn’t win instead of the money they won. We all hear this at the casino,” man I should’ve bet 1000 on that Hard 8!” So now they start raising all their bets and of course they’ll lose all of it!
Did he lose it all?
So true the richer you are the more you lose a business owner wagers 1 million a year in the kentucky derby and has lost 3 x, that's 3 million its nuts.
@@tv-21 yes he did most gamblers do my mate runs his own business and he is earning around $50,000 a month and owns three houses he lost two of them and millions of dollars savings its that dangerous gambling addiction I know from experience i lost well over $100K and wouldve lost more if i had it
Very helpful video... Grambling is the devils game... thank you for sharing
I agree the devils game well said.
absolutely
Gambling is the real Devil's game
Life is a gamble. Gambling itself is a bad gamble. Speaking from someone who won today.
This is very helpful
I really appreciate this conversation.
Excellent video
I'll be sure to check in with you two more online. Thanks
Brett. ... Jesus said what does it gain a man to win the whole world and to loose his soul"
The energy of this guy 💪
Your wife is my hero ❤
Wait.. you are my hero too. Because your story will help so many people!! Brave you are!
I love that! He said… “Don’t use your debit card. Instead, use your credit card…. And if you think you can’t pay it at the end of month then pay it at the end of the day everyday as if it’s a debit card”
Glad you made it out.. 🐎🐎🐎
Disassociate absolutely fact!
I have to say in relation to teaching finances in school, I don't think the system would wanna allow that. I hate to say it but the system don't wanna teach finances because they want us to be stuck in debt and give in to the system, taking out loans to get a job that pays less annually than the loan itself, do all that. It's really sad.
So right well said
I have this addiction it’s bad I need help
@@kzim4453 I just hit for 150000 no bulshit
@@Deltahairlines82bro ban yourself now or put 100k in a 10 year cd
@@kzim4453 it’s slot machines inside of the gas stations here in Atlanta…they are addicting as hell …
@@kzim4453 man crazy shit is the day posted this I went to the machines later that night and got for 15000 and the bastards did not give me all my money so that was it’s a sign to quit
Stop throwing fundz away. Seek professional help not CZcams help.
❤❤
Recovered Gambling Addict is now an investor 🤭
Paid off the debt or filed for bankruptcy? There is a difference
It's a devils game
Gambling is a disease that you can never cure.
American gamblers are in trouble big time. Generally Americans are uneducated when it comes to betting .
Sports betting has been approved in 38 states and phone betting in 30 states. This is a nightmare waiting to happen. Great video by Bret. He was in an unusual position to have other regular income streams which other gambling addicts might not have. Find it interesting he is an smart financial guy and yet still wanted to bet on horses with a take of maybe15% and more. I .
Smart Man Bret. Day trading is like blackjack. Crypto day trading...well now the dealer's an alien who smokes crack
I have no money at all! 😢😢😢😢😢😢
I can only afford planet fitness