185. "My debt pay off plan is just not fast enough"
We're hosting our very first FREE Debt Pay Off Masterclass! Register here: https://ginaknox.co/masterclass
Join us live on November 11th at 1pm CST. Register at the link above., Replay will be sent after to all who register.
Episode Synopsis:
In this episode, Gina Knox discusses the anxiety surrounding debt payoff among entrepreneurs, emphasizing the common belief that a sudden influx of money, or a 'windfall', will solve their debt issues. She explains how this mindset can lead to increased pressure and poor financial decisions, ultimately prolonging the debt payoff process. Instead, Gina advocates for a more sustainable approach to managing debt by addressing core financial issues and implementing effective strategies that align with current cash flow, rather than relying on future earnings.
Timestamps:
00:00 - Understanding Debt Payoff Anxiety
07:13 - The Myth of the Windfall
11:56 - Strategies for Sustainable Debt Management
Category: Debt
Keywords: debt, debt payoff, entrepreneurship, financial stability, cash flow, windfall, business expenses, debt management, financial anxiety, investment strategies