oter
Audio available in app

Increase income to accelerate debt repayment from "summary" of Debt Free for Life by David Bach

To truly accelerate your debt repayment, you need to focus on increasing your income. This might sound obvious, but many people overlook this crucial step in their journey to becoming debt-free. The reality is that cutting expenses can only take you so far. At some point, you need to bring in more money if you want to make a significant dent in your debt. There are several ways you can increase your income to help speed up your debt repayment. One option is to ask for a raise at your current job. This can be intimidating, but if you believe you deserve more money based on your performance and the value you bring to the company, it's worth...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Avoid comparison with others and focus on your own journey
    Avoid comparison with others and focus on your own journey
    When we constantly compare ourselves to others, we lose sight of our unique path and goals. It's easy to get caught up in the s...
    The rich focus on acquiring assets, not liabilities
    The rich focus on acquiring assets, not liabilities
    The rich have a different mindset when it comes to money. They understand the importance of acquiring assets that generate inco...
    Money is emotional
    Money is emotional
    Money is not just about numbers and spreadsheets; it's also about emotions. Many people have a complex relationship with money ...
    Seeking professional financial advice can provide clarity and guidance
    Seeking professional financial advice can provide clarity and guidance
    When it comes to managing your finances and making important decisions about money, seeking professional advice can be crucial....
    Financial markets can amplify debt risks
    Financial markets can amplify debt risks
    The relationship between debt and financial markets is a complex one. One key aspect that cannot be overlooked is how financial...
    Take calculated risks and be willing to step out of your comfort zone
    Take calculated risks and be willing to step out of your comfort zone
    Taking calculated risks and being willing to step out of your comfort zone are essential components of achieving success in lif...
    Avoid speculative investments
    Avoid speculative investments
    Speculative investments are those that have a high likelihood of losing money. They are characterized by the potential for high...
    Money is an emotional subject
    Money is an emotional subject
    Money is a topic that elicits a wide range of emotions from people. It can cause feelings of anxiety, fear, excitement, pride, ...
    The rich understand the power of compounding interest
    The rich understand the power of compounding interest
    The rich have a deep understanding of the concept of compounding interest. They know that by investing wisely and letting their...
    Align your subconscious mind with prosperity
    Align your subconscious mind with prosperity
    To align your subconscious mind with prosperity means to reprogram your inner beliefs and thoughts about money and abundance. Y...
    oter

    Debt Free for Life

    David Bach

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.