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Optimal Finance Daily - Financial Independence and Money Advice

2182: How to Speed Up Debt Repayment With One Simple Trick by Jackie Beck

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 25 January 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

Jackie Beck helps you speed up debt repayment Episode 2182: How to Speed Up Debt Repayment With One Simple Trick by Jackie Beck Jackie and her husband paid off over $147,000 in debt, including their house! She’s walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah Magazine, MarketWatch, Forbes, CNBC, and more. The original post is located here: https://www.jackiebeck.com/debt-repayment-speed-up/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by London Business School.

0:03.8

Looking to accelerate your business, or understand the opportunities in AI or ESG, are you thinking

0:09.3

about taking the plunge into entrepreneurship, or about what leadership skills will take

0:13.6

you to the next level?

0:15.0

To listen to the latest insights and discussion from LBS faculty, subject experts and industry

0:20.4

insiders, look for podcasts from London Business School, navigate the now, and be prepared

0:25.6

for what's next, with London Business School.

0:30.3

This is Optimal Finance Daily, Episode 2182.

0:34.4

How to Speed Up debt repayment with one simple trick, by Jackie Beck of JackieBeck.com

0:40.6

And I'm your host and personal finance enthusiast, Diana Mariam.

0:44.7

Now let's get right to it and continue optimizing your life.

0:52.6

How to speed up debt repayment with one simple trick, by Jackie Beck of JackieBeck.com

0:59.6

If you're looking to speed up debt repayment, using an everything's negotiable mindset

1:03.9

can help.

1:05.2

You see, getting out of debt basically requires three things.

1:09.0

You have to one, quit borrowing money, two, stick with your debt payoff plan, which really

1:14.7

means getting back on the wagon if you fall off.

1:17.9

And three, sometimes say no to some stuff that you might otherwise have said yes to.

1:23.2

It's that last bit we're going to focus on here, for those who really want to speed

1:27.0

things up.

1:28.4

As well saying no really only has to mean saying no to new debt.

1:32.4

It can go a whole lot further if you like.

...

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