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Building Wealth While Managing Debt
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Video Source: www.youtube.com/watch?v=q9Yud1l94x0
In this episode of Smart Wealth, hosts Brett Cranson and Omari Weitz discuss the challenges of managing debt, particularly in the context of rising interest rates and financial stress. They explore strategies for overcoming debt, including the importance of budgeting, understanding different types of debt, and the methods of repayment. The conversation emphasizes the need for a personalized approach to debt management, distinguishing between good and bad debt, and the importance of maintaining a balance between debt repayment and wealth building. • Chapters • 00:00 Understanding Debt Overload • 03:04 Strategies for Managing Debt • 06:06 Debt Repayment Methods • 11:53 Good Debt vs Bad Debt • 17:47 Crafting a Personalized Debt Strategy
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