Barefoot Investor Debt Reduction Explained and Why I’m Not Using This Strategy
The Barefoot Investor has some specific ideas around debt reduction and how to pay off your debt. How does Barefoot suggest you pay off your debt and what are the key ideas he has to share?
0:00 – Introduction
0:37 – Key ideas around debt reduction
2:31 – Step 1: Set Up Your Bank Accounts
3:55 – Step 2: Domino Your Debts
4:04 – Calculate all your debts
4:34 – Negotiate your debts to get a lower interest rate
5:31 – Detonate your debts
5:59 – Celebrate
6:35 – Why I’m not following this debt reduction strategy
"This property investment strategy is so simple it actually works"
Want to achieve baseline financial freedom and security through investing in property? Want a low risk, straightforward way to do it? Join more than 20,000 investors who have transformed the way they invest in property."