1216: It’s Called ‘Personal’ Finance for a Reason (Or When it Makes Sense to Go Into Debt) by Kalen Bruce of Freedom Sprout

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.5 • 1.3K Ratings

🗓️ 8 July 2020

⏱️ 7 minutes

🔗️ Recording | iTunes | RSS

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Summary

Kalen Bruce of Freedom Sprout shares why it's called personal finance for a reason or when it makes sense to go into debt. Episode 1216: It’s Called ‘Personal’ Finance for a Reason (Or When it Makes Sense to Go Into Debt) by Kalen Bruce of Freedom Sprout Kalen Bruce created Freedom Sprout to fill a void. He heard too many conversations about how "they don't teach finance in schools." It took years for him to stop complaining about it and do something about it. He has five kids, so him and his wife have to get five adults into the world with a solid knowledge of finances. The ultimate goal and vision of Freedom Sprout: To sprout a future of financial freedom for 1,000,000 children. The original post is located here: https://freedomsprout.com/personal-finance/ Visit Me Online at OLDPodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:00.0	This episode is brought to you by Shopify.
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0:29.8	This is optimal finance daily episode 1216 it's called personal finance for a reason or
0:36.0	when it makes sense to go into debt by kalen Bruce of freedom sprout.com and
0:41.0	hi again I am your host here on optimal finance daily. My name's Dan and I'm here every single day reading to you from some of the very best blogs on personal finance.
0:51.0	And for more blogs being narrated to you every day check out optimal living daily.
0:55.0	Just search for that in the podcast app of your choice and hit subscribe to hear a lot more
0:59.9	great articles narrated to you for free. But for now let's get right to it as we continue
1:04.9	optimizing your life.
1:07.2	It's called personal finance for a reason or when it makes sense to go into debt by
1:15.4	Kalin Bruce of Freedom sprout.com.
1:19.2	I love reading finance books. I read one book a week and more than half of those are financial in
1:24.4	nature. But if there's one thing I've learned through reading it's that no book is
1:28.2	going to solve your problems for you. There are many parts to every
1:31.8	financial decision and it's not always about the numbers.
1:35.0	The art and the science.
1:37.0	With money decisions, there is the art and the science or the art and the math.
1:42.0	Let's look at the most common example of this.
1:45.0	The debt snowball is a debt reduction strategy popularized by Dave Ramsey,
	...

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