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Everyone's Talkin' Money

Dealing With Debt Roundup

Everyone's Talkin' Money

Shari Rash

Business, Self-improvement, Education

4.6631 Ratings

🗓️ 28 July 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

It is true that there is good debt and not so good debt….but for the most part, we generally don’t like debt. I totally get it. Debt can limit your ability to do a ton of things that you really want to. It can be any debt too – credit cards, student loans, car loans, […] Read more... See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey, I'm Shawna Compton Game. This is Millennium Money, and today we have a dealing with debt Roundup.

0:06.0

Millennial Money with Shna Compton game.

0:26.1

It will expand your brain.

0:34.8

All right, so it's Friday, so I thought we'd deal with a little light subject today.

0:39.3

How about debt?

0:40.7

Just kidding.

0:41.3

Not about the debt part, but about definitely about it being a light subject.

0:46.8

I find that debt is that one thing that really grips most of us.

0:53.1

It's probably one of the reasons why we actually don't talk about

0:56.2

money with anyone, because we either have debt that we've paid out in the past. We have debt now.

1:04.8

We are having to get into debt. There's just so many different combinations of debt. And I find that it puts all of us

1:16.3

in just a really nasty mood, right? Nobody likes to talk about it. Nobody likes to deal with it.

1:22.5

But I talk open and honest about the fact that I have been in debt in the past and I've been in and out of debt

1:30.7

even as a financial professional. So, you know, I would tell you that nobody is actually immune

1:36.8

to debt. It kind of happens to all of us. And there is good and not so good debt. And a lot of

1:41.9

people would probably criticize that statement, but it really is

1:45.5

true. You know, if you're going into debt to advance your career to go back to school or to get in a

1:51.3

career and you have student loan debt, as long as it's within reason. And, you know, that's a really

1:56.6

tough, that's a really tough disclaimer to put on it because what is within reason, right? That's

2:03.5

probably what you're asking. And I say, like, it really has to line up with the career that

2:10.1

you think you're going into. You know, is that, what is the, I guess, I would say, what are the

2:16.6

salary possibilities for that career?

...

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