Not Your Average Financial Podcast™

Think different about your money, your economy and your future. Be curious. Be stable. Be sane.

Episode 31: How Do Bank Loans Work?

https://media.blubrry.com/nyafinancialpodcast/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_31.mp3

April 6, 2018 by Not Your Average Financial Podcast

https://media.blubrry.com/nyafinancialpodcast/p/content.blubrry.com/nyafinancialpodcast/NYAFP_Episode_31.mp3

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?

 

  • facebook
  • linkedin
  • twitter
  • google+
  • pinterest
  • stumbleupon

Sign Up to Receive Weekly Email Notifications

Not Your Average Financial Podcast
  Thank you for Signing Up
  Please correct the marked field(s) below
1,true,6,Contact Email,2
1,false,1,Last Name,2

Copyright © 2025 · Maron Pro Theme on Genesis Framework · WordPress · Log in