This is a rerun of episode #249 about getting out and staying out of debt.

Even though debt, overall, is an extremely negative concept, I do think that we can all acknowledge that some types of debt are not nearly as bad as others. I believe in being 100% debt-free, thus having all of your income to pay bills and do whatever you want with the rest. Getting out of and avoiding all of these debt types will be advantageous to you, but steering clear of some of the worst types can keep you from financial ruin. Ultimately, I just want you to be aware of all of the financial traps that are laying around you so your financial life doesn’t get derailed. Today, we will discuss:

1. My thoughts on debt

2. Different types of debt ranked in order of how bad they are for your financial life

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Don’t forget to like, subscribe, and leave comments below as I would love your feedback. Be sure to check out my website (www.mnowithdylan.com) where you can get more information on my financial coaching services and more, the podcast of these shows if you are more of a listener than a watcher, and follow the show on any social media outlet (FB, Twitter, & Instagram) @mnowithdylan (Money’s No Object with Dylan Howell) [All links in description]. Tune in for more personal finance concepts. Don’t forget to check-in every weekday (Monday-Friday) for new videos which will be uploaded each day at 6 a.m. CDT. Thank you, guys, for tuning into this episode of Money’s No Object. I’m Dylan Howell. God Bless!

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(Please keep in mind that I am not a financial advisor. I create these videos for educational purposes only. You and only you are responsible for the investment decisions that you make.)