The Money Love Podcast 79: Debt Discussion Part 1 - How I think about and use debt as a tool to build wealth
What are the predominant thoughts and emotions that you hold around debt? Are they mostly negative, or positive? I know for so many women in my community, including myself in the past, debt and the decision to take on debt was one that was very moral in nature. I viewed debt as something bad, and I made myself wrong for being someone who had taken on debt in the past. Because of that, my past experiences with debt were very negative and were filled with fear, anxiety, and shame. My entire experience with my debt was a painful one. However, in the past 3-4 years my mindset on debt and how I use it as a part of my overall financial strategy has taken a 180 and I now have a completely different experience and relationship with debt and how I use it to create the financial results I want.
In this week’s episode of The Money Love Podcast, we are kicking off a 2-week series that I am calling a “Debt Discussion”. We will be talking about how to think about debt as a neutral tool, why it doesn’t have to be a moral decision, how it can be used as a way to increase the levels of wealth in your life (versus decreasing the level of wealth in your life) and also I’m walking you through 5 concrete examples of how I have intentionally chosen to take on debt in the past or in the present so that I can create more wealth for myself personally and in my business in the future. This will be an episode that will challenge the way that you see debt and will give you permission to use it in ways you might not have considered before. Enjoy!
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