3232: Alternatives to Loans: 5 Things to Do Instead of Borrowing Money by Jackie Beck on Breaking the Debt Cycle

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Investing, Business, Education, Self-improvement

4.4 • 1.3K Ratings

🗓️ 1 August 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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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 3232: Jackie Beck challenges the automatic habit of borrowing by offering five empowering alternatives that help break the debt cycle. From delaying non-essential purchases to creatively earning more and asking the right questions, she encourages listeners to reclaim financial control and reduce stress by spending only what they already have. Read along with the original article(s) here: https://www.jackiebeck.com/alternatives-to-loans-5-options/ Quotes to ponder: “Many of the things we think we ‘have’ to borrow money for aren’t true ‘must haves’. They’re just things we’d really, REALLY prefer to have or are used to having.” “The way to do things without borrowing money is to have the cash available. Cash flowing things is the biggest alternative to taking out a loan there is.” “Actively seeking out ways to avoid loans (especially payday loans!) can completely change your life.” Learn more about your ad choices. Visit megaphone.fm/adchoices

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1:01.6	This is Optimal Finance Daily.
1:04.1	Alternative to loans.
1:05.8	Five things to do instead of borrowing money.
1:08.4	By Jackie Beck of Jackie Beck.com probably the most
1:14.1	critical step to getting out of debt is to quit borrowing that means you need to
1:19.4	find alternatives to loans that said the idea of turning to debt for help is so
1:25.9	pervasive that it can be hard to even think of other options.
1:30.5	Borrowing money feels like the default solution, especially when you're stressed out and worried.
	...

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