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The 6 Types of Debt And What They Mean For You

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Episode notes

#23: Debt is the opposite of freedom. In fact, it is the biggest barrier holding most millennials back from finding their freedom and pursuing their ideal lives. In this episode, Becky explains why she thinks there’s no such thing as good debt (just better debt), ranks the types of debt from better to worse, and discusses options you can consider instead of accruing debt. 

In this episode, Becky covers:

• What is debt?
• Alternatives to mortgage debt and car loans
• The absolute worst type of debt
• Why you should avoid & pay off debt ASAP

If you want to learn more about debt and how to avoid it, take a listen to this episode. If you enjoy it, please subscribe and share with a friend. Also, leave us a rating and review on Apple Podcasts, I’d really appreciate it.

Today’s sponsor is one-on-one coaching with Becky Blake from twentyfree.co and host of this podcast. As a money coach and lifestyle design expert, Becky helps people reach their biggest money goals, like paying off debt, building up savings and using their money to create their ideal life. She provides the proven tools to improve your finances, and accountability to make sure you take the action needed to change your life. Want to take the concepts you are learning on this podcast to the next level? Schedule your free 10-minute coaching call with Becky today! 

Need someone to talk with about recent changes in your finances due to COVID19? Connect with Becky on a free 10-minute coaching call and discuss how she can help.

For more information, visit the show notes at https://www.twentyfree.co/episode23/