3100: Crush Debt with the Unstoppable One-Bite Method by Jackie Beck on Money Advice

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 7 April 2025

⏱️ 10 minutes

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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 3100: Jackie Beck shares a simple yet powerful mindset shift for tackling overwhelming debt by breaking it down into small, consistent actions, the one-bite method. By focusing on progress over perfection and celebrating every win, even the tiniest payment can spark the momentum needed to achieve lasting financial freedom. Read along with the original article(s) here: https://www.jackiebeck.com/one-bite-method/ Quotes to ponder: "You’ve got to celebrate every little bit of progress. And then do it again, ’til one day you’ll have polished off the whole thing." "You don’t have to see exactly how things will happen in order to make them happen." "The key to the one-bite method is absolutely to stay focused on your progress so that you keep going." Episode references: Thomas Fuller quote: https://www.brainyquote.com/quotes/thomas_fuller_106054 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	It's a Minimalist Monday edition of Optimal Finance Daily.
0:04.9	Crush Debt with the Unstoppable One Bite method by Jackie Beck of Jackie Beck.com.
0:12.4	Ready to crush debt?
0:14.8	Learn the unstoppable one-byte method that can help you make it happen.
0:19.5	It's surprisingly simple to do, but the why behind it is
0:23.4	most important. So first, let's talk about an old proverb that goes like this. How do you eat an
0:30.1	elephant? One bite at a time. The proverb relates because like elephants, that can be huge and overwhelming.
0:38.2	It can take up a lot of space mentally and emotionally.
0:41.9	That means you can't pretend that elephants not in the room.
0:45.7	And once you do bite into the elephant, you can't stand there staring up at it,
0:50.3	feeling overwhelmed by how large it is, and depressed about how you've only taken a tiny little
0:56.1	bite so far and there's so much left no you've got to stare at that one bite and think i took a
1:03.7	bite out of an elephant how many people ever do that go me you've got to celebrate every little bit of progress and then do it again till one day
1:14.2	you've polished off the whole thing use the one-byte method to crush debt the same is true for
1:21.8	getting out of debt especially if you've got a bunch of it or are feeling overwhelmed. Why? Because feeling overwhelmed
1:29.4	often equals feeling like giving up or not taking action because you aren't sure what to do.
1:35.5	If you want to be debt-free, there are only two things you have to do. Stop borrowing money
1:40.9	and stick with paying it off. You eat that elephant one bite at a time.
1:47.1	You don't give up and you keep taking action.
1:50.3	Taking things one little piece at a time can keep you on track.
1:54.7	How the one-byte method works.
1:57.6	The one-byte method of getting out of debt works like this.
	...

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