How to Use OPM to Pay Down ALL of Your Debt | Financial Freedom Friday
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 21 March 2014
⏱️ 5 minutes
🧾️ Download transcript
Summary
You work hard for your money. Don't use it to pay down your debts when you can get other people to pay them down for you. It's easier than you think.
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Transcript
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| 0:00.0 | This episode is brought to you by Oracle. |
| 0:03.0 | AI is storming every industry, but how do you compete without costs spiraling out of control? |
| 0:08.9 | Time to upgrade to Oracle Cloud Infrastructure, or OCI. |
| 0:13.4 | OCI is one efficient platform for your infrastructure, database and application development |
| 0:18.7 | with AI built in. |
| 0:20.4 | Do more and spend less like Uber, the Premier League and Oracle Red Bull Racing. |
| 0:25.0 | Take a free test drive at oracle.com slash Spotify. |
| 0:30.0 | This episode is brought to you by Revolute. |
| 0:32.7 | Revolute is your perfect travel companion for all things money. |
| 0:36.2 | You can spend in over 150 currencies with great exchange rates |
| 0:40.3 | and withdraw from ATMs all over the world, with no charges from Revolute within your plan allowance. |
| 0:46.0 | Sign up to Revolute at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute. |
| 0:53.2 | Until 18-plus, T's and C supply, exchange fees and fair usage limits supply. It's time for Financial Freedom Friday with Matt Terrio. |
| 1:14.4 | The whole How to Pay Off Debt discussion, it's veered way off course and most experts sharing |
| 1:21.0 | advice for paying off debt that all lead you down a dead end road. |
| 1:24.8 | I mean seriously, if you had the option of paying down your debts yourself, a conventional |
| 1:30.3 | way, or allowing someone else to pay it down for you, which one would you choose? |
| 1:37.0 | For your sake, I hope you are the unconventional type. |
| 1:40.0 | We've seen over and over that the traditional advice for how to pay off debt by using your paycheck |
| 1:45.3 | to pay off your mortgage, eliminate your credit card balances, make your car payments, and using |
| 1:48.8 | your paycheck to accumulate savings in order to create financial security, it doesn't work. |
| 1:56.0 | You know, instead of security, the majority of Americans are undergoing financial chaos. |
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