Welcome to episode #7 of The Debt Free Dad Podcast. So you want to pay off debt, so what’s the best and fastest way to make that happen? Find out in today’s show, stay tuned. 

In this show, we’re going to go through the conventional methods people are using to get out of debt. We’ve used some of these methods, most of them don’t work, and only a few have proven to be successful. A big part of getting out of debt is paying it off, and if you choose the wrong approach, that could keep you in debt longer than you have to be, which could cause you more stress and frustration and could even cause you to quit. We don’t want that for you. All three of us have paid off a considerable amount of debt successfully, and the methods we share have helped people save and pay off millions of dollars.

What You’ll Learn

  • What's worked and hasn't worked for us. (Learn from our mistakes!)
  • Demystify some of the highly marketed methods. (But do they work?)
  • Studies show that this is the MOST effective way to pay off debt. (Find out what it is.)

Question of the Show
"Hey Brad, I am paying off my debt using the debt snowball method. I have two debts that have very similar balances due, only separated by about $300. The higher of the two has the highest interest rate. Would it be ok to flip these two and pay off the higher interest rate first?"

Resources Mentioned

Free Tools and Downloads at www.therealdebtfreedad.com

-Connect With Brad-
Website - https://www.therealdebtfreedad.com
Facebook - https://www.facebook.com/therealdebtfreedad/
Private Facebook Group - http://www.facebook.com/lifewithoutpayments
Instagram - https://www.instagram.com/brad_nelson_debt_free_dad/
Pinterest - https://www.pinterest.com/bradnelson0044/
LinkedIn - https://www.linkedin.com/in/balancedcents/

Thanks For Listening

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About The Show

On the show, Brad shares tips and tricks that have helped him, and thousands of others save and pay off millions of dollars. By listening, you'll gain the confidence and motivation you need to kick debt and financial stress for good!

Money and personal finance are one of the leading causes of stress among adults, but it doesn't have to be that way. By mastering the basics, you can completely change your entire life. Welcome to the Debt Free Dad Podcast! We're glad you're here!

Feature Image
Your Host, Brad Nelson

Brad, and his wife, Sarah, run two at-home businesses where they spend the majority of the time with their kids. Entrepreneurship and living debt-free has provided them with the freedom and flexibility to work from anywhere, and the ability to spend more time on the things they love most!