Worth It

Do you hear the word “debt” and instantly think of it as shameful, bad, or even scary? If so, you’re not alone. According to the latest statistics, the average American household has $135,768 in debt — including mortgages, student loans, car loans, and credit card debt. On top of that, 7 out of 10 people say that debt is necessary in their lives, but they wish they didn’t have it. Most of us have debt, so why is it something that we want to get rid of (or feel ashamed to talk about)? This week on the podcast, Dustin and Danielle are talking about debt: why it’s not as bad as you thought it was, how debt can actually improve your life, and what you can do to tackle it. HERE’S WHAT YOU’LL LEARN: 2:17 Danielle’s experience with credit cards 4:50 How interest can work for or against you 6:00 Why debt isn’t always bad 9:27 The definition of good debt 10:10 How student loans can be both good and bad 11:20 What counts as “bad” debt 12:07 Why high APR credit card debt is Enemy of the State No. 1 13:50 Four ways to