There are times in our lives as consumers, that we’re faced with a decision: even though I can’t afford it, do I buy this thing that I really want? “Ohhh, that new iPhone looks really awesome” or “It would be a ton of fun to take a trip to the mountains next month!”. We often already know that the answer to these questions should be “No, I don’t have the money” because we know it’s not worth going into debt for these types of expenses. But sometimes the answer isn’t always as cut and dried as we’d like it to be. What if, as someone looking to invest in yourself, you’re thinking about taking out some student loans? Or what if you’re considering purchasing a home and you don’t have hundreds of thousands of dollars set aside? Occasionally, we find ourselves in these situations where debt might make sense. Listen as we talk through some of those scenarios as well as what else to keep in mind when you’re considering taking on debt.

During this episode we enjoyed a Czech Pilsner by yEAST Atlanta Brewers- a big thanks to our beer brewing friend John Francis for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!

Best friends out!

 Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

There are times in our lives as consumers, that we’re faced with a decision: even though I can’t afford it, do I buy this thing that I really want? “Ohhh, that new iPhone looks really awesome” or “It would be a ton of fun to take a trip to the mountains next month!”. We often already know that the answer to these questions should be “No, I don’t have the money” because we know it’s not worth going into debt for these types of expenses. But sometimes the answer isn’t always as cut and dried as we’d like it to be. What if, as someone looking to invest in yourself, you’re thinking about taking out some student loans? Or what if you’re considering purchasing a home and you don’t have hundreds of thousands of dollars set aside? Occasionally, we find ourselves in these situations where debt might make sense. Listen as we talk through some of those scenarios as well as what else to keep in mind when you’re considering taking on debt.During this episode we enjoyed a Czech Pilsner by yEAST Atlanta Brewers- a big thanks to our beer brewing friend John Francis for donating this beer to the show! And if you enjoyed this episode, be sure to subscribe and give us a quick review in <a href="https://podcasts.apple.com/us/podcast/how-to-money/id1337718773?mt=2">Apple Podcasts</a> or wherever you get your podcasts. Help us to spread the word to get more people doing smart things with their money!Best friends out! Learn more about your ad-choices at <a href="https://www.iheartpodcastnetwork.com">https://www.iheartpodcastnetwork.com</a>

Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living a rich life.

How to Money

When Debt Makes Sense #141

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/203365b5-50cb-4798-bbf1-ae320039d4c5/transcript

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