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Optimal Finance Daily - Financial Independence and Money Advice

3076: Would You Go This Far To Pay Off Your Debt by Cynthia Meyer with Financial Finesse on Frugal Living

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.41.3K Ratings

🗓️ 17 March 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3076: Cutting back on small luxuries can help, but real financial freedom often requires big, bold changes. Cynthia Meyer shares how she tackled overwhelming debt by downsizing her living space, rethinking entertainment expenses, and even giving up her car, saving over $1,200 per month in the process. Her story proves that by making intentional sacrifices, you can accelerate debt repayment and reclaim your financial future. Read along with the original article(s) here: https://www.financialfinesse.com/2017/07/03/would-you-go-this-far-to-pay-off-your-debt/ Quotes to ponder: "That’s when I decided that only making drastic changes would get the outsized results I was seeking." "Consider making some big changes to climb that debt mountain faster. Trust me, you’ll feel great when you get to the top and look around at how far you’ve come." "There is a secret financial power in home cooking!" Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello Blue Skies. Hello moving onwards and upwards. Hello, taking control of your money. Say hello to tax-free investing. Open a Stocks and Shares ICER and act by the 5th of April to get 100 to 3,000 pounds cashback. Cargreaves lands down. Hello Life. Register and add or transfer £10,000 plus. You may go Lansdowne. Hello Life.

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Register and add or transfer 10,000 pounds plus.

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And tax benefits vary.

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scale ups, online, in person and on the go. Shopify is made for entrepreneurs like you.

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Sign up for your $1 a month trial at Shopify.com slash setup.

1:00.8

It's a minimalist Monday edition of Optimal Finance Daily.

1:04.6

Would you go this far to pay off your debt?

1:07.1

By Cynthia Meyer with FinancialFenest.com.

1:10.9

Do you feel like the stress from your credit card debt and student loans is out of control?

1:16.3

Perhaps you're wishing on stars for a lottery win or an unexpected inheritance which will

1:21.4

wipe your financial slate clean. Maybe you're putting off going to the dentist or taking a vacation

1:26.7

so you can pay your credit card minimums.

1:29.3

If you're sick and tired of living this way, ask yourself this question.

...

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