Podcast: Play in new window | Download
Subscribe: Apple Podcasts | Android | RSS
In this episode, we ask:
- What is debt?
- What are some of the common judgement calls about debt?
- What are some religious thoughts around debt?
- What did Solomon say about power?
- What is the year of Jubilee?
- Does debt lead to intergenerational slavery?
- Are you more likely to be in debt if your parents are / were in debt?
- Is debt evil?
- Can debt cause trouble?
- How can you severely limit your options?
- Should we avoid all debt? Is it a black and white scenario?
- What kind of debts do typical Americans carry?
- How many people know that the first credit card wasn’t issued until 1951? How did people survive before 1951?
- What is the average credit card balance and percentage?
- Why is credit card debt so nasty?
- By how much has Student Loan debt surpassed Credit Card debt?
- How many people are supposed to be paying 100% in their annual salary to student loan debt?
- What are some of the gotchas with student loan debt?
- What are the implications for parents who have cosigned loans on their child’s debt?
- Can you bankrupt student loans?
- What about mortgage debt?
- What is a good rule of thumb for housing costs?
- Why can’t people save?
- Why can’t people afford things?
- What’s in the fine print?
- Who can provide a second set of eyes for you, when you encounter fine print?
- What about car loans?
- Is vehicle debt going up or down?
- How long does it take to pay these loans off?
- What is the average savings rate?
- What about vacations?
- Why don’t most financial planners have a plan for life’s cashflow?
- Why do you have to pay a bunch of penalties and taxes to access money?
- Why do most financial advisors suggest that you eat rice and beans?
- Why do financial advisors say to “not touch your money”?
- Why are we forced into this crazy cycle where everyone is benefitting from your money but you?
- How much cash will flow through your accounts in your life?
- How will you work with your cash flow?
- Can you avoid buying stuff?
- Can you find a way to have uninterrupted compound growth and still be able to afford the stuff of life?
- What is the bank doing with your money?
- How do banks do more than one thing at a time with a dollar?
- What is fractional reserve banking?
- How do banks find the money for loans?
- How do the banks get so wealthy?
- How do you learn from the banks to harness your personal cash flow?