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467-Debt: Should we Measure it Based on Financial Risk or Lifestyle Risk?

467-Debt: Should we Measure it Based on Financial Risk or Lifestyle Risk?

FromRadical Personal Finance


467-Debt: Should we Measure it Based on Financial Risk or Lifestyle Risk?

FromRadical Personal Finance

ratings:
Length:
36 minutes
Released:
Jun 30, 2017
Format:
Podcast episode

Description

I've long struggled to know how to advise people with regard to debt. On the one hand, the use of debt can dramatically increase the financial returns of an investment. On the other hand, debt can have a dramatic negative impact on the lifestyle of the borrower when everything goes wrong. So, how do we reconcile these two things? I've come to see that they're two entirely different scales. Because they are two totally different scales (think: how do kilograms and degrees Fahrenheit interact with one another), it's hard to simultaneously factor in both. Enjoy the show, Joshua Sponsor: www.wundercapital.com/radical Invest in commercial solar projects and earn up to 8.5% on your money. Start with as little s $1,000.
Released:
Jun 30, 2017
Format:
Podcast episode

Titles in the series (100)

Joshua J Sheats, MSFS, CLU, ChFC, CASL, CAP, RHU, REBC is a financial planner who teaches people how to live a rich life now while building a plan for financial freedom in 10 years or less. He mixes creative approaches to lifestyle design, deep-dive financial planning techniques, and hard-core business strategy to equip you with the knowledge and inspiration you need to build financial independence.