How Attacking Debt Could Be Hurting Your Financial Growth

How Attacking Debt Could Be Hurting Your Financial Growth

Too many of us are trapped in a cycle of debt and we put every extra penny we have towards paying it off. I want to convince you that you can break the cycle of debt a better way…
22 Minuten

Beschreibung

vor 6 Jahren

Debt is a monster and surely deserves your attention, but not
until you've done other key financial moves first. YES, really.
I'm making the argument that real financial growth actually comes
when you ignore your debt and focus on building your savings
first.


Did you know that SEVEN OUT OF 10 college students have at least
one credit card. According to a survey for
http://CompareCards.com , 37% have made a late payment and 62%
have carried a balance.


Debt isn't only an issue of the young, it is seemingly a common
denominator in personal finance today. But there is a better way!


In this episode of the Dynamic Money show, we’re
talking about building a financial foundation first and that the
best way to break the debt cycle is to stop attacking it (for at
least a short strategic season of life).


MOST IMPORTANTLY - This podcast exists so you see how recent
financial news affects your life, your wallet and your future. If
you heard something that made you think about your personal
situation or were confused by something don’t stay that way—
Click here and ask our team any question. The Dynamic Money team
would love to help you.


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