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Optimal Finance Daily - Financial Independence and Money Advice

637: Can You Walk Your Way Out of Debt by Michael Smith with Cynthia Meyer of Financial Finesse

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.51.3K Ratings

🗓️ 7 August 2018

⏱️ 6 minutes

🧾️ Download transcript

Summary

Michael Smith shares Cynthia Meyer's story of giving up her car. Episode 637: Can You Walk Your Way Out of Debt by Michael Smith with Cynthia Meyer of Financial Finesse (Living Without a Car). After years in the financial services industry, Liz Davidson became disgusted with how many people were being sold financial products and services that were not in their best interest. She decided there had to be a better way to provide people from all walks of life with truly unbiased financial guidance--designed to line their pockets, not their financial advisor’s. This is the story of Financial Finesse and how they give employees and employers unbiased financial wellness as an employee benefit. They help your employees maximize their compensation and benefits by making better financial decisions. You become a partner in their financial security and reap the benefits of a financially healthy workforce. They’ve helped hundreds of thousands of employees change their lives. The original post is located here: http://www.financialfinesse.com/2015/11/06/can-you-walk-your-way-out-of-debt Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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Lenovo.com slash yoga. Limited time only terms and conditions apply. Engineered to do it all. That's a laptop evolved with Intel Evo Platform.

0:28.0

This is Optimal Finance Daily. Episode 637,

0:34.2

Can you walk your way out of debt?

0:36.4

By Michael Smith with Cynthia Meyer of Financial Finness.com.

0:41.1

And I'm Dan, your host and narrator, bringing you some of the best blogs on personal finance in

0:46.6

audio form, and today's post comes from Financial Finness.

0:51.1

For now, let's get to our post for today as we start optimizing your life.

0:57.0

Can you walk your way out of, by Michael Smith with Cynthia Meyer of FinancialFinesse.com.

1:07.0

I was talking with one of my fellow financial planners, Cynthia Meyer, about a wide range of topics recently.

1:13.0

During our conversation, I laughed that I was feeling too lazy to walk the two blocks from where I lived to the grocery store.

1:20.0

That's when she told me this story of when she decided to walk everywhere.

1:24.0

Sometimes our biggest financial lessons come from our most frustrating problems.

1:28.0

For me, parking on the wrong side of the street set off a chain of events that changed my life for the better. In my mid-30s I had

1:35.2

finally paid off my Ford Bronco 2. It was my first real car purchased second hand after a move to California,

1:41.6

a state that reveres the automobile and makes it very hard to get around without

1:45.6

one.

1:46.6

I love driving my bronco, but it was 10 years old and had been across the country and back a few times.

1:51.5

I had more important priorities than new wheels though. I had recently

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