Annihilate Your Debt - Part 1 in the Four Steps to Financial Independence Series

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FI after 40 Podcast

Ben Reeder

20 episodes

6 days ago

This is a show where I dive into the FIRE movement to see what financial independence is all about. I’ll share the steps I’ve taken to start my journey towards becoming financially independent. And along the way I’ll bring in others who are on a path of their own. You’ll hear stories and advice from people who have reached their version of FI, and from those like me, who are still finding their way. This is a show for anyone who wants to learn, grow and connect with others. This is FI after 40.

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Annihilate Your Debt - Part 1 in the Four Steps to Financial Independence Series

FI after 40 Podcast

22 minutes 13 seconds

5 years ago

Annihilate Your Debt - Part 1 in the Four Steps to Financial Independence Series

In the year since I first learned about the FIRE movement, I have made some significant changes. I’ve completely shifted my mindset with my spending and my debt has been almost completely eliminated. Now the question isn’t how do I reach FI, but when.

Part one of this series focuses on aggressively eliminating your debt. In this episode I walk through the four steps I plan to follow on this path and provide examples of how anyone can do the same.

- What I did to jump start my debt pay down

- Why debt is an emergency you need to address

- How to free up cash in your monthly budget

- Why this works for anyone at any age