2056: 2 Things You Absolutely MUST Do If You Want to Get Out of Debt by Jackie Beck

Optimal Finance Daily - Financial Independence and Money Advice

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Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 7 October 2022

⏱️ 11 minutes

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Summary

Jackie Beck shares 2 things you absolutely must do if you want to get out of debt Episode 2056: 2 Things You Absolutely MUST Do If You Want to Get Out of Debt 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/want-to-get-out-of-debt-dont-forget-the-most-important-step/ 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

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0:00.0	caution. The ultimate spicy meatball from Domino's is hot. Just not stupid hot. It won't earn you
0:05.4	mythical status or get you a nickname like Mad Dog or Dragon's Breath. It's hot. Good hot.
0:10.8	The kind of hot that boosts taste nothing else. The ultimate spicy meatball with Siracha
0:15.2	Drizzle from Domino's, it will get you fired up. Subject to availability.
0:23.4	Welcome aboard this Air France podcast message. Air France and its crew invite you to discover
0:29.5	its business class cabin, where you can enjoy a full flat bed. For even more comfort,
0:35.8	an ultra soft duvet and pillow are at your disposal. Air France wishes you a pleasant podcast.
0:43.2	Elegance is a journey. Air France. Book your business class tickets now at airfrance.co.uk.
0:50.6	This is Optimal Finance Daily episode 2056. Two things you absolutely must do if you want to get
0:57.5	out of debt by Jackie Beck of JackieBeck.com. And on your host and personal finance enthusiast,
1:04.3	Diana Merriam. Now let's get to today's post as we optimize your life.
1:13.5	Two things you absolutely must do if you want to get out of debt by Jackie Beck of JackieBeck.com.
1:21.2	When you first decide to get out of debt, it's common to spend a bunch of time analyzing your
1:26.4	debts and trying to figure out the best way to pay them off. Should you pay a little bit extra to
1:31.6	each one every month? Should you focus on just one with a debt snowball method? Use the debt
1:36.8	avalanche? Reduce your interest rates? People sometimes spend months trying to decide.
1:42.8	But there are two things that matter a whole lot more that you have got to do if you want to get
1:48.2	out of debt and stay out. One something critical that so many people forget to even think about,
1:54.0	let alone do. Ready for them? Number one, if you want to get out of debt, you have to stop borrowing.
2:02.8	It sounds so simple, doesn't it? Sometimes people actually laugh when I say that because
2:07.8	captain obvious here, right? Except it's not. I can't tell you how often I borrowed on one hand
2:15.2	while struggling to pay off debt with the other, never realizing what was actually holding me back.
	...

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