Bad Debt Can Ruin Family Life—Get Out From Under the Stress! - a podcast by Irvin Schorsch
from 2019-09-27T12:00
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Are you struggling to know the difference between bad debt and good debt? In today's episode, Irvin will explain the difference between the two, how bad debt can ruin family life and how to avoid overwhelming feelings to ultimately thrive. Stay tuned and enjoy this episode!
Highlights:
- Difference between bad debt and good debt - 0:30
- Building credit card debt - 1:00
- Good debt provides a return to your family - 1:13
- Examples of good debt - 1:40
- A story about helping a client get out of bad debt - 2:00
- Paying off the debt - 4:17
- Invest in your future with debt - 5:05
- Borrowing as good debt - 6:25
- Credit cards can provide a feeling of power for families - 6:29
- Your credit record and score - 8:17
- Building your credit experience - 8:34
- Make your life simple! - 8:55
- Balancing debt that fits in a healthy life - 9:31
- Success for your family - 11:03
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