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3092: Should Repaying Debt Be An Obsession by JD Roth of Get Rich Slowly

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Manage episode 474361301 series 2394769
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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 3092:

J.D. Roth challenges the notion that paying off debt requires extreme austerity, advocating instead for a balanced, sustainable approach. By gradually building frugal habits and allowing room for joy, you can make progress toward financial freedom without feeling deprived or overwhelmed.

Read along with the original article(s) here: https://www.getrichslowly.org/should-repaying-debt-be-an-obsession/

Quotes to ponder:

"You paid off $35,000 in debt in just over three years. Does that mean you were balls-to-the-wall dedicated and had no frills and were dour-faced the whole time?"

"Most people who leap from a lifestyle of deficit-spending to one of extreme frugality find the waters very, very cold."

"Yes, thrift and frugality are important tools to meeting your financial goals. But I believe it's important to develop sustainable financial goals."

Episode references:

Frugalwoods blog: https://www.frugalwoods.com

Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766

The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474

Mr. Money Mustache blog: https://www.mrmoneymustache.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3932 episodes

Artwork
iconShare
 
Manage episode 474361301 series 2394769
Content provided by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Optimal Living Daily LLC and Optimal Living Daily | Diania Merriam or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

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 3092:

J.D. Roth challenges the notion that paying off debt requires extreme austerity, advocating instead for a balanced, sustainable approach. By gradually building frugal habits and allowing room for joy, you can make progress toward financial freedom without feeling deprived or overwhelmed.

Read along with the original article(s) here: https://www.getrichslowly.org/should-repaying-debt-be-an-obsession/

Quotes to ponder:

"You paid off $35,000 in debt in just over three years. Does that mean you were balls-to-the-wall dedicated and had no frills and were dour-faced the whole time?"

"Most people who leap from a lifestyle of deficit-spending to one of extreme frugality find the waters very, very cold."

"Yes, thrift and frugality are important tools to meeting your financial goals. But I believe it's important to develop sustainable financial goals."

Episode references:

Frugalwoods blog: https://www.frugalwoods.com

Your Money or Your Life: https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766

The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474

Mr. Money Mustache blog: https://www.mrmoneymustache.com

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

3932 episodes

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