Can debt be good? Listen to the McGriff's insights about what makes it good or bad and what to do about it.
Listen to the episode here:
When it comes to debt, you can rest assured that not all debt is created equal. Don’t get us wrong, there is bad debt. The key is knowing the difference, and learning how to manage your debt between the good and the bad. What’s more, is that the distinction depends heavily on your circumstances.
In short, it’s not as straightforward as many typical financial professionals will make it seem. There’s a lot of grey area, and we’re determined to find the wisdom that lies within that area.
So let’s talk about it: student debt, mortgages, real estate, credit cards, and more. The good, the bad, and the ugly. You’ll learn how to assess your own debt, the guidelines for repayment, and strategies for regaining control. The latter is crucial—because no matter your circumstances, regaining control is necessary to financial freedom.
We hope that this episode will shed some light on the debt conversation, and help you to feel more confident in regaining control of your financial life.
From the Land of Possibilities,
Colton and Joel McGriff