2191: [Part 1] How to Pay Off Student Loans Fast On Your Path to FIRE by Scott Rieckens

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 2 February 2023

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Scott Rieckens of Playing With Fire talks about how to pay off your student loans quickly. This is part 1 of 2. Episode 2191: [Part 1] How to Pay Off Student Loans Fast On Your Path to FIRE by Scott Rieckens A successful entrepreneur living in Southern California, Scott Rieckens had built a “dream life”: a happy marriage, a two-year-old daughter, a membership to a boat club, and a BMW in the driveway. But underneath the surface, Scott was creatively stifled, depressed, and overworked trying to help pay for his family’s beach-town lifestyle. Then one day, Scott listened to a podcast interview that changed his life. Five months later, he had quit his job, convinced his family to leave their home, and cut their expenses in half. Follow Scott and his family as they devote everything to FIRE (Financial Independence Retire Early), a subculture obsessed with maximizing wealth and happiness. Filled with inspiring case studies and powerful advice, Playing with FIRE is one family’s journey to acquire the one thing money can’t buy: a simpler — and happier — life. The original post is located here: https://www.playingwithfire.co/blog/how-to-pay-off-student-loans-fast-fire 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

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Kraken Pro. Meet Kraken Pro, rebuilt from the ground up to give you the advanced crypto trading tools you need, all in one place.
0:09.5	Switch instantly between spot, margin and futures trading, then track your performance on a fully customizable interface.
0:16.0	It's Kraken's most powerful trading platform. Well, ever.
0:20.0	Head to pro.krakken.com and trade like a pro.
0:23.0	Cryptocurrencies are unregulated in the UK.
0:25.0	Profits may be subject to capsule gains tax and the value of cryptocurrencies can go down or up.
0:30.0	Upgrading your gas boiler to an EDF air source heat pump could save on emissions and cash in the future.
0:35.0	You could cut your carbon footprint by about 12% a year.
0:39.0	That's similar to a return flight from London to Perth.
0:42.0	Plus, we'll arrange your £5,000 boiler upgrade grant over 22 years installation experience.
0:49.0	EDF, help in Britain achieve net zero.
0:52.0	Based on average household with an aeratic gas boiler, ONS reports be a carbon calculator and energy saving trust data grant subject to eligibility details at edfenergy.com.
1:00.0	This is optimal finance daily episode 2191.
1:04.0	How to pay off student loans fast on your past of fire?
1:08.0	Part 1.
1:09.0	By Scott Rickens of playing with fire.co.
1:12.0	And on your host and personal finance enthusiast Diana Mariam.
1:16.0	This is the show where I serenade you with the sweet sounds of personal finance knowledge from some of the best blogs on the planet with the author's permission of course.
1:25.0	And I have a bit of a longer post today.
1:28.0	I'll read the first half today and then finish the rest for you tomorrow.
1:32.0	So let's dive into the first half and start optimizing your life.
1:36.0	How to pay off student loans fast on your past of fire?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Optimal Living Daily LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Optimal Living Daily LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.