📌 Full show notes at https://www.luisfelipeduque.com/086 Big thank you to the podcast partner for making this episode possible: PPI: https://luisfelipeduque.com/ppi2pass Learn more about the podcast sponsors and how to support the show - https://www.luisfelipeduque.com/Partners Check out The Ultimate PE Exam Study Guide - https://www.luisfelipeduque.com/pe-exam-study-guide There are many different types of consumer debt you can easily get into. But this episode is all about how you can get rid of them...faster than you think. Today, Nicolai Oliden from Engineering YOU shares his own personal finance story to pay off $149k worth of debt — and the tricks and tools you can use to do the same. What You'll Learn: * Nicolai's personal finance story to pay off more than $140k in just 40 months * Money mistakes he made early on in his career and life that you should avoid * Why personal finance is much more about behavior than mathematics * What the Snowball Method is and how it helps you become debt-free fast * The mindset you should have when attacking your debt * What happens after you're finally debt-free? * Is your car loan really "good debt"? Music by Jack Winders Intro: Midwest Folks Outro: Southern Skies Website: https://www.jackwinders.com [https://www.jackwinders.com/] Facebook: https://www.facebook.com/JackWindersMusic Follow him on Spotify: https://open.spotify.com/artist/0msfukZWdVoUHIvpFvanTU?si=U5jKEdjfSTOetL12ispLcg Connect With Me Sign up to my weekly email newsletter // https://www.luisfelipeduque.com/Newsletter My website & blog // https://www.luisfelipeduque.com [https://www.luisfelipeduque.com/] Instagram // https://www.luisfelipeduque.com/Instagram Twitter // https://www.luisfelipeduque.com/Twitter LinkedIn // https://www.luisfelipeduque.com/LinkedIn Facebook // https://www.luisfelipeduque.com/Facebook YouTube // https://www.luisfelipeduque.com/YouTube