Description

In this episode of Escape The Clock, I dive into one of the most important financial foundations for anyone working toward freedom: living without debt. Whether you're struggling with credit card balances, tempted by buy-now-pay-later offers, or just want to stay ahead of the curve, this episode helps you take control.

I break down the real cost of borrowing, how to stop relying on debt, and practical strategies to avoid new balances—like freezing credit cards and setting clear spending boundaries. Living debt free doesn’t mean never using credit, it means using it on your terms, with intention and control.

If you're aiming for financial independence, early retirement, or just more peace of mind, this episode gives you the mindset and tools to get there without the weight of debt holding you back.

Key Talking Points:

• Why borrowing feels easier than saving – Behavioral traps and cultural norms that make debt seductive.
• The true cost of interest – How even "small" APRs add up to big losses over time.
• Credit can be a tool, but only if you stay in control – The importance of knowing when and how to borrow.
• Freezing credit cards – How freezing a card can serve as a powerful discipline tool while protecting your credit and reducing temptation.
• Spending controls that stick – Implement simple guardrails to stop overspending before it starts.
• The freedom formula – Eliminate high-interest debt, avoid new traps, and build a system that keeps you free for good.

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Important Disclaimer: This information is for educational purposes only and not financial advice. Consult a qualified professional for personalized guidance.