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Optimal Finance Daily - Financial Independence and Money Advice

1065: [Part 1] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Is There A Good Kind of Debt

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Self-improvement, Education, Business, Investing

4.51.3K Ratings

🗓️ 8 February 2020

⏱️ 9 minutes

🧾️ Download transcript

Summary

Harry Stout of Financial Verse shares if debt can your friend. This is part 1 of 2. Episode 1065: [Part 1] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Is There A Good Kind of Debt Harry N. Stout is an acknowledged senior leader in the global financial services business with experience in all key business areas with particular expertise in personal finance, life insurance, annuities, product innovation, and business management. He has over 30 years of financial services industry experience in the U.S. and abroad, working in Europe, Northern Asia, Africa, New Zealand, and Australia. Harry is the author of the upcoming book - The FinancialVerse - A Common Sense Approach for Your Money to be published by Vertel Publishing in October 2019. The book is available for preordering at Amazon, Barnes & Noble and through other major national book distributors. The original post is located here: https://www.financialverse.com/post/can-debt-be-your-friend Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Cracken.

0:03.0

Crippo is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is finance for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, don't invest in as you're prepared to lose all the money you invest.

0:25.6

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:30.2

This is optimal finance daily episode 1065. Can debt be your friend part one by Harry

0:36.6

stout of financialverse.com and I am Dan I'm your host and this is where I read to you

0:42.2

from some of the best blogs on personal finance

0:44.4

and I do that every single day including weekends and holidays and we actually have five different

0:49.4

shows where we do that but they all cover different topics so you can search for optimal living daily wherever

0:54.7

you're hearing this to find all five of our narration style podcasts.

0:58.7

But for now let's get right to our post from Harry Stout as we continue optimizing your life.

1:04.0

Can debt be your friend?

1:09.0

Part 1 by Harry Stout of Financialverse.com.

1:13.0

In the last few months we've seen reports that the U.S. government's outstanding debt

1:17.8

has exceeded $22 trillion.

1:20.6

Student loans now total over $1.6 trillion and over 7 million people are over 90 days past due on

1:26.8

repaying their car loans.

...

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