Money Is Emotional

Debt with a Purpose (Ep. 23)


Listen Later

Are you using debt as a sling shot or a shovel?

In this episode, Financial Dignity® Coach Christine Luken challenges conventional wisdom about debt, offering a nuanced perspective on what is often viewed as a financial no-go zone.  Far from being just a problem or a solution, debt is a tool with many faces. Christine breaks down how to navigate debt responsibly, and what sets “good debt” apart from “bad debt.”

Throughout the episode, Christine covers:

  • How chef’s knife and dumbbell analogies illuminate debt’s dual nature: useful or harmful
  • The essential differences between “good debt” that propels you forward and “bad debt” that entraps you
  • How to assess your comfort level with debt before taking the plunge
  • Why the concept of “prolonged pleasure” is a healthier alternative to instant gratification
  • And more!
  •  

    Resources:

    • I Let My Heart Hijack My Wallet (Ep. 1)
    • Demystifying Credit Scores (Ep. 16)
    • Badass Retirement With Robert Pagliarini, Ph.D., CFP® (Ep. 17)
    •  

      Connect with Christine: 

      • Christine Luken, Financial Dignity® Coach 
      • Financial Dignity® On Demand Course 
      • LinkedIn: 7 Pillars, LLC
      • LinkedIn: Christine Luken
      • Instagram: Christine Luken
      • Facebook: Christine Luken
      • ...more
        View all episodesView all episodes
        Download on the App Store

        Money Is EmotionalBy Christine Luken