Podcasts about good debt

Click Here for the Show Notes Are you ready to take your real estate game to the next level? Whether you're just starting out or looking to sharpen your strategy, this week's episode is packed with insights that could reshape your investment journey. We'll break down what separates great investors from the rest—covering the importance of continuous education, setting actionable financial goals, choosing the right markets, and making smart, cash-flow-driven decisions. You'll also hear why diversification, professional property management, and leveraging capital can be game-changers for long-term success. Most importantly, we'll talk about how to stay in control of your investments and avoid the common traps that lead so many down the wrong path.

Click Here for the Show Notes Remember clutching your Monopoly cash, terrified to land on someone else's property? Turns out, that's how most people treat money in real life—hoarding cash instead of using it to build wealth. In this episode, guest host Melissa Nash reveals the critical lesson Monopoly doesn't teach: the difference between good debt and bad debt. While bad debt (credit cards, car loans) takes money out of your pocket, good debt (like mortgages on income-producing properties) puts money in—month after month.

Stop believing the hype! This week we bust the biggest myths in Australian real estate in this can't-miss episode. Learn the truth about property value growth, market research, identifying good investments, and why herd mentality can cost you.    Discover why it's never too late to get started with the right knowledge. Uncover where you could increase gains and lower costs. Tune in for all your pro investing tips now!   I discuss -  00:00 - Introduction to Myth Busting in Real Estate 05:46 - The Myth of Linear Property Value Growth 11:49 - The Importance of Market Research 18:04 - Identifying Good vs. Bad Investments 23:49 - The Role of Herd Mentality in Real Estate 29:57 - The Myth of Good Debt vs. Bad Debt 35:47 - Conclusion and Future Outlook   Don't hesitate to hit me up on Facebook @SamSaggers. DM me with any of your questions :)   If you're yet to subscribe, be sure to do so on your favourite channel.    Apple - https://pre.fyi/upi-apple   Spotify - ⁣⁣https://pre.fyi/upi-spotify ⁣ YouTube - https://pre.fyi/upi-youtube   And remember, I'm really good on 1.25 or 1.5 speed :)   Take care,  Sam   Hey Investors! It's great to see you here. To get you started on your journey we've popped a few educational resources below for FREE! ➡️ DOWNLOAD The Part Time Property Investor ebook-https://pre.fyi/yt-part-time-investor-ebook ➡️ DOWNLOAD The Property Investor's Cashflow Calculator-  https://pre.fyi/yt-cashflow-calculator  ➡️ REGISTER for a Property Investing Webinar -  https://positivere.events/learn-to-invest    Positive Real Estate's Property Investor Masterclass

In this engaging conversation, Dylan Silver interviews the Lumberjack Landlord, who shares his unique journey from dropping out of school to becoming a successful real estate investor. The discussion covers various topics including the importance of house hacking, understanding good debt, navigating the real estate market, and building a personal brand. The Lumberjack Landlord emphasizes the significance of cash flow in real estate investments and the need for effective property management. He also shares insights on the future of real estate in New England and the importance of community engagement in the real estate journey.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

In this episode we delve into the critical role of finance in real estate investment, discussing the importance of understanding debt, capital deployment, and the various loan structures available to investors. Understanding the distinction between good and bad debt, the implications of interest-only versus principal and interest loans, and the journey from negative to positive cash flow.    You won't want to miss any of the strategies laid out for building a sustainable property portfolio. Learn to navigate the hardest part of investing like a pro and take notes. ‘Cracking the Code on Loan Strategy' episode 254 of the Urban Property Investor.   I discuss -  00:00 - The Importance of Finance in Real Estate Investment 02:53 - Understanding Debt and Capital Deployment 05:47 - Navigating Loan Structures and Strategies 09:03 - The Role of Good Debt vs Bad Debt 11:55 - Interest Only vs Principal and Interest Loans 14:49 - Managing Cash Flow and Investment Strategies 18:11 - Cross-Securitization and Its Implications 21:06 - The Journey from Negative to Positive Cash Flow 23:49 - Building a Sustainable Property Portfolio   Don't hesitate to hit me up on Facebook @SamSaggers. DM me with any of your questions :)   If you're yet to subscribe, be sure to do so on your favourite channel.    Apple - https://pre.fyi/upi-apple   Spotify - ⁣⁣https://pre.fyi/upi-spotify ⁣ YouTube - https://pre.fyi/upi-youtube   And remember, I'm really good on 1.25 or 1.5 speed :)   Take care,  Sam   Hey Investors! It's great to see you here. To get you started on your journey we've popped a few educational resources below for FREE! ➡️ DOWNLOAD The Part Time Property Investor ebook-https://pre.fyi/yt-part-time-investor-ebook ➡️ DOWNLOAD The Property Investor's Cashflow Calculator-  https://pre.fyi/yt-cashflow-calculator  ➡️ REGISTER for a Property Investing Webinar -  https://positivere.events/learn-to-invest    Positive Real Estate's Property Investor Masterclass

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3151: Stephen Popick unpacks the often-misunderstood concept of the time value of money, showing why recurring expenses like cable TV aren't as costly in today's dollars as they appear over decades. By factoring in inflation, investment returns, and personal opportunity costs, he makes a compelling case for thoughtful financial planning that balances present needs with future goals. Read along with the original article(s) here: https://www.getrichslowly.org/the-time-value-of-money-or-why-25-years-of-cable-tv-doesnt-cost-as-much-as-you-think/ Quotes to ponder: "The time value of money is a complex term for a simple concept: Any given amount of money is worth more today than the same amount in the future." "Your personal time value of money is very tough to measure on a personal level." "Would I rather have $30,000 today or cable television for the next 25 years? There's no one right answer." Episode references: Good Debt, Bad Debt: https://www.amazon.com/Good-Debt-Bad-Invest-Smarter/dp/1591840260 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-Powerful-Immediately/dp/0767923820 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3151: Stephen Popick unpacks the often-misunderstood concept of the time value of money, showing why recurring expenses like cable TV aren't as costly in today's dollars as they appear over decades. By factoring in inflation, investment returns, and personal opportunity costs, he makes a compelling case for thoughtful financial planning that balances present needs with future goals. Read along with the original article(s) here: https://www.getrichslowly.org/the-time-value-of-money-or-why-25-years-of-cable-tv-doesnt-cost-as-much-as-you-think/ Quotes to ponder: "The time value of money is a complex term for a simple concept: Any given amount of money is worth more today than the same amount in the future." "Your personal time value of money is very tough to measure on a personal level." "Would I rather have $30,000 today or cable television for the next 25 years? There's no one right answer." Episode references: Good Debt, Bad Debt: https://www.amazon.com/Good-Debt-Bad-Invest-Smarter/dp/1591840260 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-Powerful-Immediately/dp/0767923820 Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3151: Stephen Popick unpacks the often-misunderstood concept of the time value of money, showing why recurring expenses like cable TV aren't as costly in today's dollars as they appear over decades. By factoring in inflation, investment returns, and personal opportunity costs, he makes a compelling case for thoughtful financial planning that balances present needs with future goals. Read along with the original article(s) here: https://www.getrichslowly.org/the-time-value-of-money-or-why-25-years-of-cable-tv-doesnt-cost-as-much-as-you-think/ Quotes to ponder: "The time value of money is a complex term for a simple concept: Any given amount of money is worth more today than the same amount in the future." "Your personal time value of money is very tough to measure on a personal level." "Would I rather have $30,000 today or cable television for the next 25 years? There's no one right answer." Episode references: Good Debt, Bad Debt: https://www.amazon.com/Good-Debt-Bad-Invest-Smarter/dp/1591840260 The Automatic Millionaire: https://www.amazon.com/Automatic-Millionaire-Powerful-Immediately/dp/0767923820 Learn more about your ad choices. Visit megaphone.fm/adchoices

Good Debt Bad Debt: How to Borrow Strategically in Business. Show Notes Page: https://www.thehowofbusiness.com/566-good-debt-bad-debt/ In this episode of The How of Business, host Henry Lopez reframes how small business owners think about debt. While consumer debt is often harmful and emotionally charged, Henry makes the case that strategic borrowing, or good debt, can be an essential growth tool for entrepreneurs. Henry walks through key differences between personal and business debt, outlines how to identify smart uses of debt (like funding revenue-generating assets or covering working capital gaps), and warns against the dangers of relying on debt to prop up an unprofitable business model. Also learn about core financial concepts including leverage ratios, opportunity cost, and the time value of money, and how to apply them when making borrowing decisions. Henry shares practical tips, such as using low-interest loans over high-interest credit cards, keeping operating reserves, and not rushing to pay off good debt early if it's working for you. This episode is hosted by Henry Lopez. The How of Business podcast focuses on helping you start, run, grow and exit your small business. The How of Business is a top-rated podcast for small business owners and entrepreneurs. Find the best podcast, small business coaching, resources and trusted service partners for small business owners and entrepreneurs at our website https://TheHowOfBusiness.com

Not all debt is created equal. Some debt can help build wealth and improve your financial future, while other debt can trap you in a cycle of financial stress. In this episode, we'll break down the difference between good debt and bad debt, how to use debt wisely, and strategies for managing it effectively.Ebooks: https://payhip.com/mjfm14 Booking services/consultation: https://mjfinancial.setmore.com/consulting#tipswithte #podcast #letstalkmoney #entrepreneur #smallbusiness

WFR Radio 422 Good Debt vs Bad Debt Part 2 by Tony Walker Financial

On this episode of the Evolve to Succeed Podcast, Cassidy Macken shares her inspiring journey of starting Cassidy's Beauty Academy.  From her early passion for beauty to the challenges of running a business while raising children, Cassidy discusses the importance of education in the beauty industry and her drive to fill the gaps she identified. She also opens up about her experience with ADHD and how it influences her approach to business. Cassidy emphasises the significance of securing funding and overcoming fears in the entrepreneurial journey, providing valuable insights for aspiring business owners. Cassidy shares her journey of entrepreneurship, discussing the nuances of good and bad debt, the challenges of securing funding, and her experiences as a young mother balancing family and career.   This episode of the Evolve to Succeed Podcast covers… Cassidy's journey in the beauty industry at a young age. Balancing motherhood and running a business. Education in the beauty industry. ADHD in business. Stepping out of comfort zones. Adapting to industry trends. Understanding the difference between good and bad debt. Securing funding. Finding the right business location. Having a clear vision for business growth. Taking risks when young.   Chapters 00:00 Introduction 01:03 Inspiration Behind Cassidy's Beauty Academy 10:16 From Beauty to Education 20:02 Navigating the Competitive Beauty Industry 22:02 ADHD in Business 27:49 Securing Startup Funding 28:20 Good Debt vs. Bad Debt 29:51 The Journey to Securing Funding 32:53 Finding the Right Business Location 34:27 Resilience in Business 37:40 Balancing Motherhood and Business 40:05 Vision and Goals for the Business 42:17 Staying Focused on Your Goals 47:11 Advice for Young Entrepreneurs 55:32 Defining Personal Success  

Most people don't realize that the largest bill they pay each year is their federal tax bill.. yet they trip over dollars to save pennies on the price of eggs or gas.That's why we're bringing a real estate investor who has reduced her federal tax bill to just 12% for this week's Not Your Average Investor Show! Join co-founder of JWB Real Estate Capital, Gregg Cohen, and "The Maven From The Mountains of Denver", Leslie Wilson, to learn about:✅ why focusing on tax savings can speed up your ability to retire✅ how Leslie retired early with a low tax, high quality lifestyle✅ what to do right now to maximize your tax savings in rental propertiesThis is your chance to hear a real investor's experience—straight from the source—so you can see what's possible when you invest with the right strategy.Listen NOW!Chapters:00:00 Welcome to the Not Your Average Investor Show01:33 Introducing Our Special Guest: Leslie Wilson02:53 Leslie's Journey into Real Estate Investing04:05 The Power of Tax Savings in Real Estate05:21 Building a Successful Real Estate Portfolio12:03 The Importance of Real Estate Education15:02 Understanding Tax Savings and Deductions27:03 Q&A: Transitioning from W2 to Passive Income34:05 Leveraging Equity for Investment35:36 Understanding Return on Equity39:00 Reducing Liability with Mortgages40:07 Good Debt vs. Bad Debt40:50 Tax Savings and UBIT43:52 Leslie's Client Success Story45:54 Mindset and Strategy for Real Estate Investment49:23 Financial Freedom and Retirement Planning55:32 The Importance of Choosing the Right Market59:01 Q&A and Final ThoughtsStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

I want to hear your thoughts about the show and this episode. Text us here...In this episode of the Podcat, our host Julie DeLucca-Collins welcomes financial advisor Erica Schrock to discuss the unique financial challenges women face. Erica shares her inspiring journey from a country music artist to a financial advisor, emphasizing her commitment to helping women achieve financial independence without judgment. The conversation covers the importance of understanding one's financial situation, money management's emotional aspects, and practical financial planning steps. Erica encourages listeners to start small and reach out for support, highlighting that financial independence is achievable with the right mindset and guidance.Key points discussed: Importance of financial independence for womenUnique financial challenges faced by womenHistorical context of women's financial independenceEmotional aspects of money managementStrategies for starting small in financial planningMindset's impact on financial habitsUnderstanding good debt versus bad debtImportance of having a financial safety netComponents of a solid financial strategy (defense, offense, special teams)Encouragement for women to take proactive steps toward financial securityFind Erica here: https://www.northwesternmutual.com/financial/advisor/erica-schrock/https://www.instagram.com/erica_schrock_/Feeling scared about starting a podcast? I've got you. Download my 30 day guide to starting a podcast. This guide helps you with tangible steps to get your message to the world. Dowload your 30 day Guide HERE. This is an invitation to join a supportive community of purpose-driven entrepreneurs who are creating an impact in the world.A mastermind is a community of peers who exchange ideas, provide support, and offer sound advice for running a successful business.Join the Confident YOU Mastermind now at https://goconfidentlyservices.myflodesk.com/confidentyoumastermindSupport the showOther helpful resources for you: Learn more about my Confident You Mastermind Today! Here's your Guide to Starting A Podcast in 30 days, download yours today! For more about me and what I do, check out my website. If you're looking for support to grow your business faster, be positioned as an authority in your industry, and impact the masses, schedule a call to explore if you'd be a good fit for one of my coaching programs. Thank you for listening to our podcast. Please Subscribe! Join our Facebook GroupInstagram, TikTok We love reviews! Please leave us a review.Contact us if you want to Launch, restart, or grow your podcast.

Debt often gets a bad rap, but what if you could use it to your advantage? This episode unlocks the power of strategic debt! Learn to leverage other people's money, distinguish between good and bad debt, and manage borrowing effectively. Doug and Ted, co-founders of Hoyes Michalos, provide practical strategies for building wealth with debt, including a look at crypto's role. Learn how to make debt work for you, not against you. (0:00) - Using Debt as a Wealth-Building Tool (4:00) - Understanding Leverage and Margin: Risks and Rewards of Investing with Borrowed Money (7:00) - Good Debt vs. Bad Debt: Identify the Difference (15:45) - Building Wealth While in Debt, Is It Possible? (17:30) - Opportunity Cost and Interest Rates (20:00) - The Challenge of Paying Interest While Building Assets (22:40) - Cryptocurrency and Debt: A Viable Investment Strategy? (24:00) - Practical Debt Management Strategies for Wealth Growth (26:30) - Strategic Borrowing: Using Debt for Investments? Myths About Credit Card Debt in Canada How to Eliminate Debt in Ontario Is Another Loan a Good Idea? Sign Up for the Debt Free Digest FREE Credit Rebuilding Course Debt Repayment Calculator  Disclaimer: The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personalized advice from a qualified financial advisor. Always consult with a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions or strategies discussed.

Allie and Quint talk about what is good debt and what is bad debt.

Subscribe to Simplify My MoneyWe've all heard the phrases: A mortgage is good debt. Student loans are an investment in your future. You have to take on debt to start a successful business. But what if these commonly accepted financial beliefs aren't as solid as they seem? In this episode of the Debt Free Dad Podcast, Brad Nelson and the team challenge the concept of "good debt" and why it may not be as beneficial as we've been led to believe.Support the showThe Totally Awesome Debt Freedom Planner https://www.debtfreedad.com/planner Connect With Brad Website- https://www.debtfreedad.com Facebook - https://www.facebook.com/thedebtfreedad Private Facebook Group - https://www.facebook.com/groups/debtfreedad Instagram - https://www.instagram.com/debtfreedad/ TikTok - https://www.tiktok.com/@debt_free_dad YouTube - https://www.youtube.com/@bradnelson-debtfreedad2751/featured Thanks For Listening Like what you hear? Please, subscribe on the platform you listen to most: Apple Podcasts, iHeartRadio, Spotify, Tune-In, Stitcher, YouTube Music, YouTube We LOVE feedback, and also helps us grow our podcast! Please leave us an honest review in Apple Podcasts, we read every single one. Is there someone that you think would benefit from the Debt Free Dad podcast? Please, share this episode with them on your favorite social network!

Is the FIRE movement familiar to you? In this episode, we will dive into how you can maximize the FIRE movement strategy. EnjoyAny questions?*** Interested in our $10k/month passive strategy? Just sign up for our newsletter at https://bit.ly/iwg-strategy BOOK IS OUT! Grab Your Copy and learn how to get your feet wet in real estate investing Download episodes to your favorite platforms at idealinvestorshow.com Connect with us through social! We'd love to build a community of like-minded people like YOU!

A message from Romans 13:8-10 by Pastor Jared Burke at Bethany Bible Fellowship, Westminster, California

Are you making debt work for you or against you? Africa Melane discusses the difference between good and bad debt with Old Mutual’s Massing Thabo HolloSee omnystudio.com/listener for privacy information.

How to Use Good Debt For Stock Trading? Start Investing Smart | Money | Master Investor #wealth #investing #invest #biz #livestreaming #business #live #masterinvestor Get our products and tools to build wealth today: https://bit.ly/masterinvestorpartners Use the referral link https://crypto.com/app/68rxkbmmfc to sign up for Crypto.com and we both get bonus to start investing in crypto with ease. Resources, courses, eBooks and more: www.masterinvestor.money Join the Quantum club opportunity here: https://bit.ly/quantumclubmembers Make sure to subscribe, share and comment. Start a newsletter for any niche and monetize it in several different ways through passive income, use this platform: https://www.beehiiv.com/?via=masterin... There is just one method we should invest if we intend to do so. The Master Investor method of investing is to make passive income. Debt is frequently compared to a loaded pistol. Administering it without proper training can lead to disastrous consequences. It can be a really useful tool if we use it properly with our education. Summary: We will gain knowledge about margin trading, including its definition, operation, and significance of prudent money leverage, as it relates to bank loans used by real estate investors. This information will assist us in determining whether opening a margin account fits into our overall investing plan. The article discusses the benefits and possible drawbacks of trading using borrowed funds. We will find that margin can increase both our gains and losses, highlighting the importance of prudent risk management and financial literacy. We can learn effective tactics by studying how well-known investors like Warren Buffett use Other People's Money (OPM) to increase investment returns. These illustrations highlight how crucial discipline, financial education, and wise investing methods are to minimizing financial catastrophes. Finishing reading the article: https://masterinvestor.substack.com/p/use-good-debt-for-stock-trading Today, we're diving deep into what exactly margin is in day trading, its risks, and whether we should trade with a margin account. Go to www.masterinvestor.education for more services and products. SUBSCRIBE, COMMENT, AND SHARE. Get in our inner circle with one of a digital course to help anyone build the asset column through sound investing: htttps://www.masterinvestor.money Get our ebooks: 1- How to build cash flow with the internet? Turn Passive Income On: https://www.masterinvestor.money 2- The 10 new Rules Of Money: https://bit.ly/10newrulesofmoney 3- How to invest in crypt to build wealth? Understanding Bitcoin and Blockchain: https://bit.ly/howtoinvestincryptotob... You can get them on Amazon too if you would like too, available on the kindle app. As we say here, “Money is just an idea backed up by confidence.” An asset puts money in your pocket. A liability takes money out of your pocket. The simple definition of a fake asset is one that promises to make us richer but in actuality robs us blind. We need three things: 1- Capture Page (www.masterinvestor.education/pages/affiliate) 2- Email Auto Responder (www.masterinvestor.education/pages/affiliate) 3- Hot leads (www.masterinvestor.education/pages/affiliate) Then, we need to offer something of value in exchange for their email and name. Then, after we obtained the visitors of our capture page's information and email address. The effectiveness of an online business system Like, comment, and subscribe. Join our community here: https://www.masterinvestor.education Join Mater Investor's community, subscribe. DISCLAIMER: This video and description may contain affiliate links, which means that if you click on one of the product links, we receive a commission. This helps support the channel and allows me to continue to make videos like this. We will never support or push a product we don't believe in. Thank you for your support! --- Support this podcast: https://podcasters.spotify.com/pod/show/masterinvestor/support

S7, EP 51 – Are your finances holding your ranch back? In this episode of Casual Cattle Conversations, host Shaye Koester-Wanner sits down with financial expert Jessica Groskopf to tackle the challenges of financial planning for farmers and ranchers. Together, they break down actionable strategies to secure your operation's future, from estate and transition planning to building emergency funds and distinguishing good debt from bad debt. Discover why early investing, alternative revenue streams, and separating personal and farm finances are critical for lasting success in agriculture. Jessica also shares tips to simplify financial management and take control, even when it feels overwhelming. Key Takeaways Financial planning is vital for young farmers and ranchers. Estate and transition planning ensure a sustainable future for your operation. Start saving early to build long-term wealth. Maintain an emergency fund covering three to six months of expenses. Understand the difference between good debt and bad debt. Invest in flexible accounts to grow financial security. Explore alternative revenue streams to diversify income. Separating personal and farm finances is a game-changer. Small steps lead to significant improvements in financial management. Seeking advice from financial experts can alleviate stress. Chapters 00:00 – Introduction to Transition Planning 04:19 – Empowering the Next Generation of Ranchers 06:49 – Early Wealth-Building Strategies 12:55 – Setting Up an Emergency Fund 21:09 – Good Debt vs. Bad Debt Explained 26:17 – Smart Investing for Farmers 33:32 – Diversifying with Alternative Revenue Streams 35:49 – Steps to Financial Freedom RancherMinds: https://www.casualcattleconversations.com/ranchermind-events  The Ultimate Goal-setting Guide for Ranchers: https://www.casualcattleconversations.com/ranchermind-events/p/move-the-ranch-forward-2025  Connect with Jessica on Instagram @jessica_groskopf

Ready to dominate commercial real estate?

Whether buying or building, laundromats are a big investment! Luckily, there are many options out there to help you finance that investment and start you on your entrepreneurial journey into the laundry industry!Referenced Links: Our Sponsor: H-M Company Drain Troughs: https://www.draintroughs.comOur Website: https://www.laundromatmillionaire.comOur Online Course: https://dave-menz.mykajabi.com/sales-pageOur Youtube channel: https://youtube.com/c/LaundromatMillionaireOur Podcast: https://laundromatmillionaire.com/podcast/Our Facebook: https://www.facebook.com/laundromatmillionaire/Our Facebook Group: https://www.facebook.com/groups/laundromatmillionaireOur LinkedIn: https://www.linkedin.com/in/dave-laundromat-millionaire-menz/Our Instagram: https://www.instagram.com/laundromatmillionaire/Our laundromats: https://www.queencitylaundry.comOur pick-up and delivery laundry services: https://www.queencitylaundry.com/deliveryOur WDF & Delivery Workshop: https://laundromatmillionaire.com/pick-up-delivery-workshop/LaundroBoost Marketing Company: https://laundroboostmarketing.com/Suggested Services Page: https://www.laundromatmillionaire.com/servicesWDF & Delivery Dynamics: A Complete Business Blueprint: https://laundromatmillionaire.com/wdf-delivery-dynamics-a-business-blueprint/Eastern Funding: https://www.easternfunding.com/Alliance Financing: https://distribution.alliancelaundry.com/finance/Prime Capital Financing: https://www.goprimecap.com/laundry-financingImage: https://helloskip.com/blog/sba-express-loansImage: https://www.fptransitions.com/blog/lending-for-successors-what-advisors-need-to-knowLM Episode with Mike Fingers: https://youtu.be/35Od9WsLHD8LM Episode on SanOWash: https://youtu.be/uba2xsLJh_ELM Episode on Perfect Pour: https://youtu.be/LTz_7kC-vgQCodie Sanchez Podcast: https://www.youtube.com/@PodcastBigDealTimestamps00:00 Episode 89 Intro00:41 Spotlight – Black Friday Sales Events02:20 Episode's Focus03:27 Good Debt vs Bad Debt and Consumer vs Business Debt10:21 Assessing the Risk of the Debt12:16 Lender Type #1: the SBA19:54 Lender Type #2: Conventional Loans31:53 Lender Type #3: Industry-Specific Loans40:42 Our History of Equipment Loans & Renovations44:24 Lender Type #4: Seller Financing 45:06 The Art of Negotiation47:15 Buying & Selling Laundromats52:43 Our History of Seller Financed Deals58:44 Closing Remarkswww.FranchiseResaleReady.comBuy or Sell An Existing Franchise Business

What's stopping you from succeeding in real estate? In this episode, David and Ryan break down four common excuses holding people back from taking the leap into real estate investing. From fears about market volatility to misconceptions about managing properties, they address each concern with practical advice and real-world experience. Don't let these excuses stand in your way—tune in now! KEY TALKING POINTS:0:00 - Introduction2:24 - A Misconception About Real Estate Ryan Recently Heard3:35 - Good Debt vs Bad Debt5:12 - Ryan & David's Perspective On Buying A Vacation Home7:15 - Considering Market Volatility & Risk11:01 - Is It Hard To Find Tenants?12:42 - Another Common Misconception About Rental Properties13:59 - Outro LINKS:Instagram: Ryan Haywoodhttps://www.instagram.com/heritage_home_investments Website: Ryan's Mentorshiphttps://www.skool.com/deal-flow-academy/about Instagram: David Leckohttps://www.instagram.com/dlecko Website: DealMachinehttps://www.dealmachine.com/pod

Discover the secrets to financial freedom with this conversation on good debt vs bad debt. Learn how to use debt wisely to build wealth and achieve your financial goals.Victor Lagos is a distinguished mortgage broker and seasoned property investor with over a decade of financial acumen. Commencing his career at age 19, Victor's expertise lies within residential and commercial property finance, SMSF property finance, and diverse business loans.As the host of "Debt to Financial Freedom" podcast, Victor also shares profound insights on leveraging property for passive income. His personal journey, and financial challenges in early life, have combined into a wealth of knowledge Victor is eager to share with others in the hopes they too can create actionable financial strategies and become their own success stories. Victor, through Lagos Financial, collaborates with a trusted network for comprehensive financial solutions, emphasizing personalized guidance for passive income through property investment.Connect with Victor:Website: https://lagosfinancial.com.au/ Email: victor@lagosfinancial.com.au Podcast: https://lagosfinancial.com.au/podcast/ "Everybody says they want to be debt-free, but not many want to do the work. Victor's framework for obtaining financial freedom allows you to challenge your mindset to support you in creating a framework that allows you to be more conscious and intentional about your finances. I truly enjoyed this conversation." IdaRemember to SUBSCRIBE so you don't miss "Information That You Can Use." Share Just Minding My Business with your family, friends, and colleagues. Engage with us by leaving a review or comment. https://g.page/r/CVKSq-IsFaY9EBM/review Your support keeps this podcast going and growing.Visit Just Minding My Business Media™ LLC at https://jmmbmediallc.com/ to learn how we can support you in getting more visibility on your products and services.#gooddebt #baddebts #moneytips #financialtips #entrepreneurmindset #moneymanagement #businesstips #hustleculture #investment

On this week's episode: Do you have a strategy for the next market pullback? Your next bank statement may show why banks are having a record year. There is good debt and bad debt. How much should you carry into retirement? If you inherited some money, why would your financial advisor be worried? Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

KKOS Lawyers Founder Mark Kohler shares powerful, actionable strategies to secure your finances and build lasting wealth. From tax-free investments and smart debt management to maximizing the benefits of side hustles, Kohler covers the essentials of financial freedom to help you achieve the American dream. Don't miss his insights on personal finance and how focusing on your own economy can pave the way to a secure future! Investment Concerns? Get a free portfolio review with Wealthion's endorsed financial advisors at https://bit.ly/48vTadp Chapters: 0:20 - Mark's Background 1:32 - Starting Financial Conversations with Family 4:06 - Defining Financial Goals and Managing Debt 5:56 - The Economy's Role in Personal Finance 7:06 - Side Hustles: Turning Passions into Profit 11:12 - Maximizing Roth IRAs and Investment Growth 13:25 - Building Wealth Through Tax-Free Income 18:38 - Setting Up an LLC for Tax Benefits 22:44 - Tax Planning 24:25 - Roth Conversion Advantages 27:56 - Paying for Your Children's College Wisely 32:56 - Integrating Estate Planning Early 32:39 - Estate Planning: Everyone Must Do This No Matter Your Age 35:31 - Good Debt vs. Bad Debt 41:10 - Embracing Side Hustles for Financial Freedom 43:26 - Final Thoughts on Taking Action Connect with us online: Website: https://www.wealthion.com X: https://www.x.com/wealthion Instagram: https://www.instagram.com/wealthionofficial/ LinkedIn: https://www.linkedin.com/company/wealthion/ #Wealthion #Wealth #Finance #FinancialPlanning #TaxStrategies #WealthBuilding #SideHustle #RetirementPlanning #SmartInvesting #FinancialFreedom #PersonalFinance #MoneyManagement #TaxSavings #MarkKohler #RothIRA #FinancialEducation Learn more about your ad choices. Visit megaphone.fm/adchoices

October 20, 2024 - Good Debt and Wonderful Obligation | Rom 12, 13 by Trinity Hinsdale

Is all debt bad, or can borrowing sometimes be a smart financial move? Doug Hoyes and Ted Michalos discuss debt's dual nature as both a financial tool and a potential burden. They break down the differences between "good debt" and "bad debt," providing clear advice on assessing what's manageable, when taking on new debt might be a smart move, and how to avoid common pitfalls.  Tune in for actionable insights on leveraging debt without letting it control your financial future! Timestamps: (0:00) – Conventional advice on “good debt” and “bad debt” (4:30) – Understanding your Debt-to-Income Ratio (DTI) (6:00) – Can you afford the payment? Key considerations (10:45) – Warning signs you have too much debt: What to watch out for (19:40) – Managing your Credit Utilization Rate (21:50) – Feeling stressed about debt? You have too much. (23:30) – How to assess the risks of taking on new debt (26:00) – Debt as a financial tool: Pros and cons (27:30) – Strategies for dealing with financial distress caused by debt We release new content every weekday! Follow our socials for funny podcast clips, money management tips, Q+A, and more! Hoyes Michalos Instagram Hoyes Michalos Facebook Hoyes Michalos TikTok Hoyes Michalos Twitter (X)Hoyes Michalos LinkedIn Hoyes Michalos YouTube Debt Free in 30 YouTube Resources: Straight Talk on Your Money https://www.hoyes.com/straight-talk/ Hoyes Michalos Blog Doug Hoyes on X Find a Hoyes Michalos Office in Your Area Here Disclaimer: The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personalized advice from a qualified financial advisor. Always consult with a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions or strategies discussed.

In this episode, Elaine welcomes friend, farm partner, and University of Nebraska agricultural economist, Jessica Groskopf. Elaine and her guest discuss one of the most challenging topics for many farm families - financial transparency in farm transition. From addressing your biggest financial fears (whether you're the owner or the heir) to the importance of having honest conversations around expectations, this episode offers practical insights for farm's facing transition. Jessica highlights key strategies for ensuring financial transparency, the biggest generational differences when it comes to finances, why there IS such a thing as good debt, and some of the best questions every farmer needs to ask. Access the full show notes for this episode at elainefroese.com. Discover more about our guest: Jessica Groskopf Elaine Froese Resources: Watch this episode on YouTube SPEAKING - book Elaine for your next event COACHING - find your Farm Transition Coach MEMBERSHIP - become at Farm Family Harmony Member RESOURCES - download for FREE   CONTACT - take the next steps in your transition  BURNING QUESTION? Submit it here for Elaine or her coaches Timestamps 0:00:03 Hello and Personal Shout Outs 0:00:51 Introduction to Jessica Groskopf 0:02:05 Jessica's Webinar 0:03:09 What are Your Biggest Financial Fears? 0:04:48 The Owner Generation and The Sunset Years 0:06:05 Having Honest Conversations 0:07:49 Your Parents Don't Owe You Anything 0:09:46 Getting A Clear Picture of Your Compensation Package  0:12:13 Good Debt vs Bad Debt, There is a Difference 0:15:33 The Generational Differences in Attitudes About Debt 0:17:39 Keeping The Books and Financial Transparency  0:20:15 Living Expenses for the Average Farm Family Today 0:24:36 What's Good Practice for Bank Accounts  0:26:52 Where is it Written That Only Women Do Farm Books? 0:29:30 Strategies for Transitioning From The Older to Younger Generations 0:33:31 Jessic's Stress Test 0:36:22 Some Great Questions for All Farmers 0:41:00 Jessica's Top Three Takeaways For Financial Transparency

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1464: Jeff Cornwall explores the difference between good and bad debt, focusing on how understanding their distinctions can guide more responsible financial decisions. He emphasizes the importance of aligning debt with long-term goals, encouraging a thoughtful approach to borrowing that avoids common pitfalls and fosters financial stability. Read along with the original article(s) here: https://drjeffcornwall.com/2020/09/15/good-debt-bad-debt/ Quotes to ponder: "Good debt is borrowing that is used to purchase something that will grow in value or generate income." "Bad debt is borrowing to purchase things that lose value quickly or are consumed immediately." "Too much bad debt can lead to financial stress, even when income is steady." Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1464: Jeff Cornwall explores the difference between good and bad debt, focusing on how understanding their distinctions can guide more responsible financial decisions. He emphasizes the importance of aligning debt with long-term goals, encouraging a thoughtful approach to borrowing that avoids common pitfalls and fosters financial stability. Read along with the original article(s) here: https://drjeffcornwall.com/2020/09/15/good-debt-bad-debt/ Quotes to ponder: "Good debt is borrowing that is used to purchase something that will grow in value or generate income." "Bad debt is borrowing to purchase things that lose value quickly or are consumed immediately." "Too much bad debt can lead to financial stress, even when income is steady." Learn more about your ad choices. Visit megaphone.fm/adchoices

Send us a textWhy listen to our interview with Brandon Elliot:From being off track finding himself on house arrest and burning 40% of his body to getting on track and reaching $8.5 million in Assets, Brandon Elliot is acknowledged as part of the "Top 100 Yahoo Finance" by using Credit Cards to buy small multi-family and scaling his businesses using the exact strategies taught in Credit Counsel Elite.Credit Counsel Elite teaches business owners how to get up to $500,000 every 6 months at 0%. and more see below

Good debt vs bad debt. It's a topic that often sparks debate and confusion, and while some people believe that all debt is bad, the reality is that not all debt is created equal. In fact, when used wisely, the right kind of debt can be a powerful tool to build generational wealth.

Debt-to-income is a key financial metric. It reflects your financial health and helps you build a stable and prosperous future.

The key to healthy finances is understanding your budget and managing your debt appropriately. Don't let the term "inventory" deter you. Whether you're running a product—or service-based venture, managing assets, understanding balance sheets, and navigating the complex waters of entrepreneurship are invaluable to having healthy finances in your business. The Importance of Understanding Your Numbers Knowing your numbers is critical for healthy finances and business success. Entrepreneurs should stay updated on various financial documents, such as balance sheets and profit and loss statements, to fully understand their numbers. Balance Sheets and Profit and Loss Statements 1. Balance Sheet: This provides a snapshot of your business's financial health at a given point in time. It lists all your assets (what you own) and liabilities (what you owe). Understanding your balance sheet is crucial for knowing how well your business can meet its debt obligations and handle unexpected expenses. 2. Profit and Loss Statement: Unlike the balance sheet, which is a snapshot, a profit and loss statement (P&L) is more like a rearview mirror, showing your business's performance over a specific period. It includes your revenue, costs of goods sold, and various expenses. Reviewing this monthly helps you keep track of your financial performance and identify any anomalies or opportunities for improvement. By regularly reviewing these statements, entrepreneurs can make informed decisions about taking out a loan, investing in new assets, or adjusting pricing strategies which all add up to having healthy finances. Navigating Debt in Business for Healthy Finances Debt is a significant concern for many entrepreneurs. The right kind of debt can be beneficial, while the wrong kind can be devastating. Ciara provides practical advice on managing debt wisely: 1. Good Debt vs. Bad Debt: Not all debt is bad. For instance, an SBA loan or a line of credit can be constructive if used wisely. The key is understanding why you need the debt and ensuring you can manage repayments. 2. Debt for Investment: Using debt to invest in your business, like buying a building or necessary equipment, can be a good move. However, taking on debt to cover operational shortfalls without addressing the underlying issues is perilous. 3. Personal Guarantees: Be aware of personal guarantees when signing leases or loan agreements. These can put your personal assets at risk if your business fails to meet its financial obligations. Turning Losses into Wins You hope you will never be in a crisis, but the key to being prepared if one does hit is creating a mindset of resilience. By mentally preparing and building the right habits, you can navigate difficult times more effectively and emerge stronger. Read the full show notes

Is there such a thing as “good” debt and “bad” debt when it comes to retirement? Should you even have any debt when you retire? Should cutting out debt always take priority over saving for retirement?In this episode, Phil and Kendall cover some important principles for carrying debt into retirement, what “bad” debt is, and what numbers to consider before you prioritize where your money should be going.Listen to discover the one thing you can do to cut out unnecessary spending in retirement!//Grab a Free Resource at http://retirewith210.com/ --Prefer to watch? Find video versions of every episode on our YouTube channel.Learn how our team at 210 Financial can help you plan for the future at www.210financial.com --Like more free resources? Grab one of our free guides here.//210 Wealth Management, Inc., d/b/a 210 Financial, is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. 210 Financial, Form ADV Part 2A & CRS can be obtained by visiting: https://adviserinfo.sec.gov and search for our firm name. Insurance products are offered through 210 Financial, Inc. d/b/a 210 Financial.

As total outstanding debt balloons the question arises: are all acts of modern debt and credit creation bad? What is the function of a true intermediary in today's modern economy? Jeff Deist and Ben Nadelstein discuss how financial institutions like Monetary Metals and life insurance companies act as true financial intermediaries.

Romans 13:8-10

In this episode, a listener raises a thought-provoking question: Is there such a thing as 'good debt'? Join Art as he dives into this topic, exploring insights from the Bible regarding debt and sharing his perspective on the term 'good debt'."Resources:8 Money MilestonesAsk a Money Question!

Today, Nicole gives you a way to fight back against a system that's typically set-up against you: lending. Along the way, she shares insights from a recent conversation with Scott Sanborn, the CEO of LendingClub, who shares Nicole's passion for making lending more equitable. Nicole and Scott unpack who gets hurt in traditional systems of lending, how to use credit as a tool and "good debt." Originally aired 05.23.23

In this eighty-first bite, join co-hosts Crystal Price and Shannon Hiller from Clark County Credit Union as they take on breakfast at BabyStacks Cafe, share why all debt isn't bad debt, and reveal what to buy and what to skip in January. Hear about the ham and eggs and very large orange juices, why being in debt for a home is actually a good thing, and why January is the perfect time to buy certain items in prep for next holiday season. Learn more at CCCULV.org

Hello, sunshines! What's the best way to get out of business debt? Is there a difference between good and bad debt? Should I be working at trying to get out of debt? These are all questions that we're going to tackle in today's episode with Gina Knox. Make sure you DM me and let me know which tip you loved the most! Leave a review for a chance to be entered into this month's giveaway! Gina is the founder of Gina Knox Coaching that specializes in working to provide entrepreneurs with the skills they need to learn how to manage cash flow, save $100K in cash, and build up 7 figure wealth for their future. As a Mexican woman who often heard her dad talk about money, she got her first big girl job and quickly racked up debt and wanted to learn how to manage her money better. Follow her on Instagram & join her email list to get access to their weekly series - 6 Figure Sundays. ☀️Extras!☀️ Get my lead magnet freebie HERE to help grow your email list! You can also grab my workflow phase breakdown by texting "CONNECT" to 888-292-4864. Follow me on YouTube to get life updates, photography tips, and a ton of short clips full of information! ☀️Time stamps☀️ Intro - 0:00 Difference between good & bad debt - 1:25 Mindset around debt - 3:59 Using debt as a service - 6:13 Paying off business debt - 8:47 Save or pay - 12:08 Baby steps for neutralizing - 16:51 Evidence bank - 20:58 Last advice - 22:14 Where you can find Gina - 27:52 Wrap up - 28:25  

It's time to get smarter about debt with this podcast episode! Today, I break down the difference between "good debt" and "bad debt", and outline what some of the best ways to tackle it are. Hopefully this will help you learn how to be responsible while managing your personal finances better. In this episode, you will discover… Why you should avoid bad debt at all costs? How to use good debt for building wealth? Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session: ‪833-343-2986 or (612) 284-2409 Email: dave@doctorfreedompodcast.com  For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration. The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm's views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss. Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

 Welcome to another episode of Jake and Gino! In today's video, Gino Barbaro, co-founder of Jake and Gino, dives deep into the myths that hold you back from becoming financially free and creating wealth. Ever heard of "Baby Money Soldiers"? Well, you're about to get a crash course on how to make every dollar work for you! Timestamps: 00:04 - Introduction & What are Baby Money Soldiers? 02:30 - Is your money working for you? 04:56 - The difference between good debt and bad debt 07:20 - Why it's never too late to start investing 08:06 - The importance of an estate plan Key Takeaways: 1️⃣ Parkinson's Law: Making more money doesn't necessarily make you financially free. It's all about how you allocate your "Baby Money Soldiers." 2️⃣ Investment Risks: It's not too risky to invest; it's risky not to understand your investment vehicle. 3️⃣ Good Debt vs Bad Debt: Not all debt is bad. Learn how to leverage business debt for cash flow. 4️⃣ Starting Small: You don't need a ton of money to start investing. Even a small amount can grow into significant wealth. 5️⃣ Estate Planning: It's not just for the rich; it's essential for protecting your assets and your family.   Recommended Reading: "The Psychology of Money" by Morgan Housel Contact Us: Email Gino at gino@jakeandgino.com for a free PDF copy of our book, "Wheelbarrow Profits." Upcoming Webinar: Join our monthly webinar on creating wealth and understanding the market. Sign up at jakeandgino.com/webinar Stay Connected: Don't forget to like, comment, and subscribe! Follow us on social media for daily tips and updates. Thank you for watching! We hope this video helps you understand how to make your money work for you and dispels some common myths about wealth creation. See you in the next episode!    

Today, Nicole gives you a way to fight back against a system that's typically set-up against you: lending. Along the way, she shares insights from a recent conversation with Scott Sanborn, the CEO of Lending Club, who shares Nicole's passion for making lending more equitable. Nicole and Scott unpack who gets hurt in traditional systems of lending, how to use credit as a tool and "good debt."