Be Wealthy and Smart, episode 377.

I'm gonna live no rich life.

All the best life.

Yes, life.

So if y'all know what I mean, put your hands up and declare with me

Yeah, I'm full of bad time I'm gonna live the good life

I'm gonna live the good life

beautiful and glorious night Step into a world of wealth and wealth and financial freedom without budgets, boredom or bosses on

be wealthy and smart. And now here's your host, Linda P. Jones.

Welcome to Be Wealthy and Smart. I'm Linda P Jones, America's Wealth Mentor. Empower empowering women and men worldwide to financial freedom.

On today's show, we're going to talk about three savvy tips for dumping debt.

This is good basic information for how to get rid of some debt.

And this was an idea that I thought of and thought I should podcast about

because I recently saw an article that said debt was at the highest levels ever in history

and that was really concerning to me and I wanted to just chat with you about some easy ways to get rid of debt, but also to say,

I believe not all debt is bad, and I actually believe that mortgage debt is good.

The kind of debt that I don't like is debt that goes

alongside of purchasing depreciating assets, things like credit cards and car loans and things like that.

When we talk about debt, we also have to talk about interest rates.

I want to talk about interest rates, I want to talk about cycles as well because interest

rates move in cycles and right now we are at the end of a

30 year cycle where interest rates have come to a bottom and now they're in a rising interest

...