1066: [Part 2] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Should I Get A Car Loan

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🗓️ 9 February 2020

⏱️ 8 minutes

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Summary

Harry Stout of Financial Verse shares if debt can your friend. This is part 2 of 2. Episode 1066: [Part 2] Can Debt Be Your Friend? by Harry Stout of The FinancialVerse on Should I Get A Car Loan 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	Have you ever had an instant connection with someone? You see them and you just know.
0:04.6	Butterflies in your stomach, wedding bells ringing, the whole enchilada.
0:08.8	It's more than just compatibility. It's a special connection.
0:13.2	They're the one.
0:14.4	The yin to your yang, the ketchup to your chips, the gravy to your Sunday roast.
0:18.9	The Samsung Galaxy Buds FE to your Samsung phone. New Galaxy Bud's FE, the perfect match for your
0:26.4	phone. Discover in store and online at Curries.
0:30.4	This is optimal finance daily, episode 10 can debt be your friend part two by Harry
0:36.8	stout of financialverse.com and I'm your host and narrator my name is Dan and I'm here
0:42.2	every single day reading to you from
0:43.9	some of the best personal finance blogs on the planet and today's post is
0:47.8	actually a continuation from yesterday so if you're new here it'd be best to
0:51.6	listen to yesterday's episode first.
0:53.6	That's episode 1065.
0:55.6	But if you're all caught up, let's hear part two as we continue optimizing your life. Can debt be your friend? Part 2 by Harry Stout of Financialverse.
1:10.0	Come.
1:11.0	Student Loans There are two types of lenders for student loans, federal and private.
1:16.0	One, the government guarantees federal loans.
1:20.0	They come with some perks that may not be offered by private lenders, including income-driven repayment options, loan forgiveness programs, and fixed interest rates.
1:28.5	Plus, some federal loans are subsidized, which means the government will foot the bill for the interest on the loan while the student is in school.
1:35.0	Two, private loans come from banks, credit unions, or schools.
1:40.0	In some cases, non-profit agencies provide a guarantee for student loans or lenders may self-insure.
	...

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