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The Double-Edged Sword of Debt
Manage episode 303551977 series 2867755
Inhoud geleverd door Arthi Rabikrisson and Malika Petersen, Arthi Rabikrisson, and Malika Petersen. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Arthi Rabikrisson and Malika Petersen, Arthi Rabikrisson, and Malika Petersen of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
Debt can play many roles in our lives, from the opportunity cost to income producing to just an expense that needs to be attended to. This is where the double edged sword of debt emerges.
Listen in to this latest episode for the discussion between Lucille Sikosana and Arthi Rabikrisson, where they tackle some of the trickier questions about debt; it's usefulness and drawbacks; how to practically break out of the cycle of indebtedness and debt traps, and smarter uses of debt.
Tune in to find out:
- How debt can be favourable and how to practically use debt wisely
- The different kind of debts we have have, some known and others surprising
- The ways debt can hinder us
- About consolidating debt, debt relief and avoiding debt traps
- Mindfulness around credit scores and reports for future endeavours
- How to practically manage personal debt month to month
- About the right plan of action for you that helps you clear debt
- Committing financial infidelity and the additional stress this causes over time
We would love to hear your views based on the concepts covered in this episode. Please feel free to rate, write a review, and share with others.
#TheSwanEffect #FinancialCoaching #Debt #FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness
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