2813: Debt Freedom Is Great But Payment Freedom Is Better by Chris on Financial Independence

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 2813: Chris from KeepThrifty.com shares the transformative journey from debt freedom to the more profound concept of payment freedom. He explains how eliminating monthly expenses entirely, rather than merely paying off debt, leads to true financial independence and a liberating sense of freedom. Read along with the original article(s) here: https://www.keepthrifty.com/payment-freedom/ Quotes to ponder: "Payment Freedom is the freedom you feel from the complete elimination of a line-item in your budget." "We’d imagined the world of debt freedom to be a magical carefree place. So, we waited for the feeling of joy, excitement, relief, and freedom to come. Only, that feeling never came." "The thing about our debt freedom that we had been so excited about wasn’t about the end of paying interest. It was about the end of paying for housing." Episode references: The Power of Now: https://www.amazon.com/Power-Now-Guide-Spiritual-Enlightenment/dp/1577314808 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Optimal Finance Daily, hosted by Diania Merriam, the innovative mind behind the personal finance conference EconoMe, takes you on an enlightening journey through the world of personal finance. Each episode brings to life the most compelling and practical advice from leading financial bloggers and experts. Diania’s engaging narration and insightful commentary transform complex financial concepts into relatable, actionable insights. Whether it’s budgeting, investing, debt management, or money mindfulness, she covers it all, making financial wisdom accessible to everyone. Gain not just knowledge, but also the motivation to apply it in your daily life. It's not just a source of personal finance tips; it’s a daily companion that guides you towards financial independence and savvy money management, all delivered with Diania's trademark enthusiasm and expertise. By focusing on early retirement, financial independence, and saving money, each episode provides you with the tools needed to achieve your financial goals. This podcast is designed for those passionate about personal finance, early retirement, financial independence, and saving money. It’s your go-to source for practical advice on managing your finances, saving money, and working towards early retirement. Each episode offers actionable steps to foster financial independence and secure your financial future. Listen now, and become an OLD friend--your optimal life awaits...