It’s a brand new weekly theme here on the One Minute Retirement Tip, and this week we’re unloading your debt before you transition into retirement. I’m going to talk about the importance of reducing your debt, the tremendous freedom that little to no debt in retirement provides, and how to take incremental steps today to begin reducing your debt.

Last fall I was at a financial industry conference, where Rachel Cruze was the keynote speaker. She is the daughter of famous financial guru and the ultimate hater of debt, Dave Ramsey. She talked about debt in her keynote, and her words were the inspiration for this week’s tips.

She said: “Debt is like bondage and slavery. It limits what you can do.”

Bondage, slavery, and limitations on your life. Debt promises all of those things.

So today, I want you to think about how your current debt load is limiting your own life. And I want you to envision a life without debt and the piece of mind that comes with that.

Because if you’re going to put in the work to eradicate debt from your life, you’ve got to keep that vision of a better life in front of you - a life free from bondage, slavery, and the limitations of debt.

My hope is that you’ll come away from this week’s tips inspired by the small changes you can start making today to wipe out your debt and remove the shackles that debt so often brings.

That’s it for today. Thanks for listening!

Before you go, I have a favor to ask. Would you take a minute to leave a review for the One Minute Retirement Tip in Amazon? Amazon uses reviews as social proof that this flash briefing is useful, so it’s the best way for you to spread the word if you’re getting any value from these tips on retirement. Thanks in advance if you leave a review. I do a little happy dance every time I read a new review.

My name is Ashley Micciche...and this is the One Minute Retirement Tip.

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