AA Ep. 186 - Credit Card Debt

The James Altucher Show

James Altucher

Business, Education

4.6 • 2.7K Ratings

🗓️ 12 January 2015

⏱️ 14 minutes

🔗️ Recording | Apple Podcasts | RSS

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Summary

"I lost my job and I've piled up a huge amount of credit card debt. I just got a new job but I'm only making $11/hr. What should I do?" James says - Stop making any payments on your credit cards you can't afford to pay. I know this goes against what everyone else is telling you but James explains today why this individual shouldn't pay. He can't... Get prepared for the calls and the harassment but don't worry. Listen here today as James explains why. If you have a question that you would like to ask James, you can either: Ask a question at Askaltucher.com. E-mail it to James@stansberryradio.com. Or, text James at 203-512-2161. ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	Don't let the mysteries of life scare you away.
0:03.4	Instead, ask Altature.
0:05.8	Here's James Altature.
0:14.2	Hi, this is James Altature.
0:16.2	I am clad with the asshole Altature.
0:18.2	I heard another ask Altature podcast.
0:19.7	And I just want to say, if we sound, like if we sound in pain,
0:23.2	it's because we're both squeezed into a two by three closet.
0:27.8	There's construction outside.
0:28.9	And we don't want you, the listener to have to listen to all this construction.
0:33.2	Yeah.
0:33.7	I love how you just tell you like it is where we are and everything.
0:36.9	Well, well, what's interesting too is we're in an Airbnb.
0:40.3	But we've been in now, this is our third Airbnb in two months.
0:43.6	And we've been in non-stop airbiers.
0:45.2	We haven't been home.
0:45.9	17 last year.
0:47.1	But we haven't been home in two months.
0:48.8	We haven't.
0:49.3	And what's been great is realizing how little we need.
0:54.3	Like I need, I never think of what's in my house.
0:57.4	I have like two pairs of pants, a bunch of shirts, a bunch of button down shirts,
	...

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