1682: [Part 2] 9 Tips For Financial Success And Freedom by Michelle Schroeder-Gardner of Making Sense of Cents

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 17 October 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michelle Schroeder-Gardner of Making Sense of Cents shares 9 tips for financial success and freedom. This is part 2 of 2. Episode 1682: [Part 2] 9 Tips For Financial Success And Freedom by Michelle Schroeder-Gardner of Making Sense of Cents Michelle Schroeder-Gardner created Making Sense of Cents in order to help improve her own finances. With diligence, she was able to pay off $38,000 in student debt in 7 months, kept track of progress, and helped readers along the way. She's currently touring North America and living out of an RV. You can learn more about her and see her monthly income reports at MakingSenseOfCents.com. The original post is located here: https://www.makingsenseofcents.com/2021/07/financial-success.html 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 is Optimal Finance Daily, Episode 1682.
0:04.0	Nine tips for financial success and freedom.
0:07.0	Take Control of Your Money, Part 2
0:09.8	by Michelle Schroeder Gardner of MakingSenseofSense.com.
0:14.0	I'm your host and personal finance enthusiast, Diana Mariam.
0:18.0	Now today's post is a continuation from yesterday.
0:21.3	So if you're new here, I'd recommend listening to yesterday's episode first.
0:26.2	But if you're all caught up,
0:27.6	let's hear Part 2 and continue optimizing your life.
0:35.2	Nine tips for financial success and freedom.
0:38.2	Take Control of Your Money, Part 2
0:41.0	by Michelle Schroeder Gardner of MakingSenseofSense.com.
0:46.0	Number 5.
0:47.2	Pay off your high interest rate debt.
0:50.5	If you have any high interest rate debt, such as credit card debt,
0:54.6	then I highly recommend paying it off quickly.
0:58.4	High interest rate debt simply becomes more and more difficult to pay off over time
1:03.4	as those interest charges build and build and become unmanageable.
1:08.2	Before you know it, that $100 you spend at the store may be costing you $500 over the years.
1:14.7	This kind of debt can add a crazy amount of stress,
1:17.9	and it becomes increasingly hard to pay off.
1:20.9	And it will most likely prevent you from reaching your other financial goals.
	...

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