In today's episode Chris and Danny discuss a motivating thought experiment about paying off debt. Many people are motivated by the idea of saving up enough money to provide passive income to support their living needs. A similar motivating idea can be explored with paying off debt. The less debt one has, the less income they actually need to support their needs. Putting this concept into numbers can be a powerful tool that may further inspire you to take steps towards financial freedom. Be sure to check this episode out!
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This podcast is for informational purposes only and should not be considered or regarded as personalized investment or financial advice. All opinions expressed by Chris, Danny, and any guests are solely their own opinion. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided from this program (including any information that may be accessed through this website) is not directed at any individual, investor, or category of individuals or investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.
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