
Round Table | The Debt Dilemma
The Wealth Without Wall Street Podcast
Intro
This chapter explores the idea of creating a passive income operating system to help individuals convert their active income into passive streams. It also addresses the 'debt dilemma' as a major hurdle on the path to financial independence.
Is debt holding you back or driving you forward? In this episode, the conversation focuses on one of the most debated topics in personal finance: debt.
The financial coaches explore the pros and cons of using debt as a financial tool. They discuss how to overcome limiting beliefs, manage debt strategically, and determine whether debt freedom equals financial freedom.
This episode will challenge your perspective on debt and help you rethink your financial strategy.
Top three things you will learn:
-Why financial freedom doesn’t always mean debt freedom
-Strategic ways to manage and prioritize debt repayment
-How debt can be a powerful tool to achieve your financial goals
Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.
This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.
The hosts may have a financial interest in the programs or services mentioned in this episode.
Need help deciding which debts to pay off first? Grab the Priority Payoff Guide:
-https://payoffguide.wealthwithoutwallstreet.com/
Turn Active Income Into Passive Income:
-https://wealthwithoutwallstreet.com/pios
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Join the Passive Income MasterMind:
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The Land Geek:
How to Buy Online Businesses for Profit:
-https://wealthwithoutwallstreet.com/freedomnavigator
Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:
-https://wealthwithoutwallstreet.com/cars
Invest With Your Friends and Family:
-https://tribevest.com/partners/wwws
Know Your Investor DNA:
-https://wealthwithoutwallstreet.com/investordna
The Infinite Banking Concept Explained by a CFP:
-https://youtube.com/watch?v=sVuexMv6Kf4
Becoming Your Own Banker by Nelson Nash:
-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/
Financial Literacy App for Kids:
Here is the List of "40 Books We Recommend" on our Amazon Store: -https://amzn.to/49UyD1d
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