The Fastest Way to Pay Off Debt
The Personal Finance Podcast
Andrew Giancola
4.7 • 1.4K Ratings
🗓️ 17 June 2020
⏱️ 23 minutes
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| 0:00.0 | On this episode of the personal finance podcast, we're going to talk about how you need to treat debt like Myli Cyrus and come in like a wrecking ball. What's popping? |
| 0:13.8 | popping? |
| 0:14.8 | Yeah, yeah. |
| 0:15.8 | The big. |
| 0:17.0 | What's popping. |
| 0:28.5 | What's popping and welcome to the personal finance podcast. I'm your host Andrew founder of Dollar After Dollar.com and today on the podcast we're going to be talking about how to pay off |
| 0:35.4 | your debt the fast way and let's just call it like it is your debt is a burden and you |
| 0:42.1 | need to get rid of your debt once and for all because it's holding is a |
| 0:45.0 | debt once and for all because it's holding you down. It's a chain that is holding on to your |
| 0:47.5 | personal finances that needs to be eliminated and what my goal is for this episode is to show you exactly how you could |
| 0:56.1 | pay off this debt as fast as possible. So we're going to go through a couple of options for |
| 1:00.6 | you to be able to pay down your debt. I'm going to show you the |
| 1:03.0 | wrecking ball method and that is a method that's going to be the fastest way to |
| 1:07.8 | pay down your debt. But we also know that money is extremely psychological. |
| 1:11.8 | So I'm also going to show you the snowball method, |
| 1:14.3 | which is a method that's been popularized |
| 1:16.4 | by a lot of financial gurus. |
| 1:18.8 | But it is a good method for people who really need |
| 1:21.6 | that extra motivation to be able to pay down their debt as well. |
| 1:25.4 | So we're going to get into both of those methods and we're going to go through exactly how |
| 1:30.3 | you can pay down your debt as fast as possible. |
| 1:34.0 | And I still remember the day that I got my shiny new credit card. |
... |
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