The Real Reason to Avoid Debt #308
How to Money
iHeartPodcasts
4.6 • 3.2K Ratings
🗓️ 20 January 2021
⏱️ 42 minutes
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Summary
Just a few years before he died, author David Foster Wallace gave a now-famous commencement speech at Kenyon College. Here’s a small snippet of what he said. “There are these two young fish swimming along and they happen to meet an older fish swimming the other way, who nods at them and says ‘Morning, boys. How's the water?’ And the two young fish swim on for a bit, and then eventually one of them looks over at the other and goes ‘What the hell is water?’” Wallace then went on to argue that we tend to live our lives according to values and rules that are hard to see. Similarly, we live in a culture that pushes us to go into debt for everything! It’s the message we are constantly bombarded with - it’s the water we swim in. So on today’s episode we’re going to push back on that line of thought and give the real reasons we should all be striving to avoid debt.
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Transcript
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| 0:00.0 | On the new podcast, The Turning, Room of Mirrors, we look beneath the delicate veneer of American ballet |
| 0:06.3 | and the culture formed by its most influential figure, George Balanjine. |
| 0:11.0 | He used to say, |
| 0:11.9 | What are you looking at, dear? You can't see you only I can see you. |
| 0:16.8 | What you're doing is larger than yourself, almost like a religion. |
| 0:20.3 | Like, he was a god. |
| 0:21.7 | Listen to The Turning, Room of Mirrors on the I Heart Radio app, Apple podcasts or wherever you get your podcasts. |
| 0:28.7 | Attention Bachelor Nation! He's back! |
| 0:32.7 | The host of some of America's most dramatic TV moments returns with the most dramatic podcast ever with Chris Harrison. |
| 0:39.7 | During two decades in reality TV, Chris saw it all and now he's telling all. |
| 0:44.7 | It's gonna be difficult at times, it'll be funny. We'll push the envelope. |
| 0:48.7 | We have a lot to talk about. |
| 0:51.7 | Listen to the most dramatic podcast ever with Chris Harrison on the I Heart Radio app, Apple podcasts or wherever you get your podcasts. |
| 0:59.7 | Hey, I'm Lance Bass, host of the new I Heart Podcast, Frosted Tips with Lance Bass. |
| 1:04.7 | Do you ever think to yourself, What advice would Lance Bass and my favorite boy bands give me in this situation? |
| 1:09.7 | If you do, you've come to the right place because I'm here to help and a different hot sexy teen crush boy bander |
| 1:16.7 | each week to guide you through life. Tell everybody, yeah, everybody about my new podcast and make sure to listen so we'll never ever have to say bye bye bye. |
| 1:26.7 | Listen to Frosted Tips with Lance Bass on the I Heart Radio app, Apple podcasts or wherever you listen to podcasts. |
| 1:32.7 | Welcome to How To Money. I'm Joel and I am Matt and today we're discussing the real reason to avoid debt. |
| 1:49.7 | Yeah, boy, this episode is all about debt. We talk about debt all the time, but we are going to specifically talk about why it is that we want to make sure that we avoid debt. |
| 2:08.7 | There are some of the obvious reasons, of course, that we're going to touch on, but there are several other what we're going to call real reasons that you should be avoiding debt. |
| 2:19.7 | And there are things that I think we tend to avoid. It's something that we discount, but these are very important things and I'm excited to get to those, buddy. |
... |
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