Debt is bad! Or is it? - Episode 138

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By Ken Greene. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

We want to be debt free, who wants to be in debt to others? However, being so fixated on being debt free can hurt us financially. Debt can be a powerful tool to implement as part of your financial strategy.

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

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Show Notes

  • Debt is bad - 1:14
  • Being in debt can be a powerful strategy - 3:39
  • The bad part of debt, some websites that you can visit - 4:24
  • What devalues our purchasing value - 7:19
  • The largest form of taxation - 7:38
  • Why debt can be devastating and really bad - 10:24
  • Having a budget - 12:14
  • Talking about credit cards - 13:01
  • A great use of debt - 15:08
  • What will happen to our tax rates - 18:17
  • How debt can be really powerful - 18:57
  • The importance of passive income - 20:04
  • A powerful tool - 22:16

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148 episodes