How to Get Out of Debt as Fast as Possible (Ep. 238)

The Inforium

Thomas Frank and Martin Boehme

Personal Branding, Career, Productivity, Business, Learning, Lifehacking, College, University, Education, 101, Lifestyle Design, Work Smart, Class

4.8 • 998 Ratings

🗓️ 19 November 2018

⏱️ 84 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Debt isn't always a bad thing, but it certainly doesn't feel good when you have too much of it. We talk about how to get out of unwanted debt faster. Full show notes This week’s episode is sponsored by: Brilliant: Accelerate your learning in math, science, and computer science. Start learning for free at Brilliant.org/CollegeInfoGeek — and if you're one of the first 83 people to use this link, you'll also get 20% off your subscription. SimpleContacts - The best way to renew your current contact subscription without needing to see a doctor. Get $20 off your first lens purchase by going to SimpleContacts.com/CIG or by entering the code 'CIG' at checkout. Things mentioned in this episode: How to Budget Your Money Without Cutting Coffee (Ep. 174) A Crash Course on How to Start Investing (Even If You’re in Debt) (Ep. 168) Invest or Pay Off Debt? on Listen Money Matters Debt-Free U, by Zac Bissonnette Debt: The First 5,000 Years, by David Graeber Mint (iOS | Android) Personal Capital (iOS | Android) Thomas' Budget Modeler Spreadsheet SoFi Credible LendingClub Why You Aren't Successful Yet (Ep. 219) Want more cool stuff? You can find all sorts of great tools at my Resources page. You can also get a free copy of my book, 10 Steps to Earning Awesome Grades (While Studying Less), by staying up to date with the College Info Geek newsletter. Timestamps: 0:09:31 - Two different methods for paying off debt 0:19:09 - Investing in yourself to help you pay off debt earlier 0:32:37 - Sponsor: Brilliant (Learning problem-solving skills) 0:35:38 - Sponsor: Simple Contacts (Renewing your contact lenses) 0:37:58 - Should you pay off your debt as fast as possible? 0:49:04 - How to pay off your debt faster 0:52:27 - Taking on new loans to pay existing ones 0:57:53 - The money pipeline 1:02:59 - Focusing on growing instead of just making cuts 1:17:00 - Recap and conclusion If you enjoyed this episode, subscribe to the podcast on iTunes! It's easy, you'll get new episodes automatically, and it also helps the show gain exposure :) You can also leave a review! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Hey it's Thomas Frank. I've just got a quick note for you before we get into the show.
0:03.2	If you've been enjoying the Enforium or my videos over on YouTube, then you, my friend, should get
0:08.4	Nebula. On Nebula you get ad-free versions of both this podcast and my my videos along with exclusive stuff like
0:14.3	extended versions of those videos and it's not just our stuff that you're gonna get
0:17.9	dozens of other creators are on Nebula including only of Dahl window
0:21.2	reproductions braincraft tear, and lots more.
0:24.4	Nebula gives us a chance to experiment, and since everything's ad free, it's also the best way
0:28.6	for you to get our content.
0:30.1	Head over to the Enforium.com slash nebula to sign up now.
0:33.4	Hey what is going on everybody and welcome back to the
0:36.2	College info geek podcast the internet's best resource for students looking to get
0:39.8	ahead but a terrible resource for learning how to become the world's best Beat Saber player
0:46.0	and you're never going to be it because I'm going to be it.
0:49.0	Yeah? Yes.
0:51.0	Gauntlet thrown down for the entire internet.
0:55.0	I'm gonna beat it tonight.
0:57.0	You don't even have a vibe.
0:58.0	Nor do you have a computer that can even run that game?
1:01.0	I actually didn't even know what it was, but I'm going to win.
1:05.0	Beat Saber is basically, it's a VR game that is essentially DDR, but instead of hitting arrows
1:11.8	with your feet, you have two light savers and you slash blocks
1:15.6	Oh, that sounds awesome. It's really fun
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Thomas Frank and Martin Boehme, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Thomas Frank and Martin Boehme and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.