Its Not Your Fault that you have Financial Cancer

Exit Rich...Retire Free Podcast · Oct 23, 2021 · 27m

In this episode Jeff talks about the following topics: The baby boom generation was the first generation in our country that had access to credit cards and other forms of consumer credit. That began a period of people buying what they wanted, when they wanted. Much different from their parents. Debt is the enemy to long term financial success. For every Dollar you spend on debt today, reduces your future savings by $10 (based on 30 years at 8% interest). Most of us learned from our parents that debt was ok. Television shows show us the high end lifestyle, keeping up with the Jones’ is the…