How to Get Out of Debt as Fast as Possible (Ep. 238)

Debt isn't always a bad thing, but it certainly doesn't feel good when you have too much of it. We talk about how to get out of unwanted debt faster.
Full show notes
This week’s episode is sponsored by:

Brilliant: Accelerate your learning in math, science, and computer science. Start learning for free at Brilliant.org/CollegeInfoGeek — and if you're one of the first 83 people to use this link, you'll also get 20% off your subscription.
SimpleContacts - The best way to renew your current contact subscription without needing to see a doctor. Get $20 off your first lens purchase by going to SimpleContacts.com/CIG or by entering the code 'CIG' at checkout.

Things mentioned in this episode:

How to Budget Your Money Without Cutting Coffee (Ep. 174)
A Crash Course on How to Start Investing (Even If You’re in Debt) (Ep. 168)
Invest or Pay Off Debt? on Listen Money Matters
Debt-Free U, by Zac Bissonnette
Debt: The First 5,000 Years, by David Graeber
Mint (iOS | Android)
Personal Capital (iOS | Android)
Thomas' Budget Modeler Spreadsheet
SoFi
Credible
LendingClub
Why You Aren't Successful Yet (Ep. 219)

Want more cool stuff? You can find all sorts of great tools at my Resources page.
You can also get a free copy of my book, 10 Steps to Earning Awesome Grades (While Studying Less), by staying up to date with the College Info Geek newsletter.
Timestamps:

0:09:31 - Two different methods for paying off debt
0:19:09 - Investing in yourself to help you pay off debt earlier
0:32:37 - Sponsor: Brilliant (Learning problem-solving skills)
0:35:38 - Sponsor: Simple Contacts (Renewing your contact lenses)
0:37:58 - Should you pay off your debt as fast as possible?
0:49:04 - How to pay off your debt faster
0:52:27 - Taking on new loans to pay existing ones
0:57:53 - The money pipeline
1:02:59 - Focusing on growing instead of just making cuts
1:17:00 - Recap and conclusion

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