logo
episode-header-image
Oct 2020
6m 1s

Fundamentals Of Borrowing

BankFund
About this episode
Sensible use of debt should be part of a sound financial strategy. Debt can enable you to enjoy things that otherwise are currently beyond your reach. Borrowing can also have its ugly side. Developing good borrowing habits early can help you avoid a lot of anguish later. Listen to our podcast to understand the differences between the types of mortgages and l ... Show More
Up next
Oct 2020
Keeping Your Financial Life Simple
On this podcast, we offer some ideas for you to avoid spending too much time handling your finances or worrying about your finances. Simplify your financial life and make it easier to manager. 
3m 25s
Oct 2020
Preventing Credit Identity Theft
When someone uses your credit identity the costs and aggravation can add up. On this podcast, we offer 13 tips to keep your credit identity secure. 
4m 8s
Oct 2020
Establishing Good Financial Habits Episode
We tend to develop habits that provide a rhythm or structure to our daily lives. Once those habits are developed, they can be hard to break. Building good financial habits can provide a rhythm, or sense of control, for your financial life as well. On this podcast, we offer 10 eas ... Show More
4m 38s
Recommended Episodes
Mar 2024
2654: Stupid Or Smart? (Getting A Loan To Pay Off Your Debt) by Philip Taylor of PT Money
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com.Episode 2654:Philip Taylor of PTMoney.com delves into the complex decision of using loans to pay off debt, offering a critical exami ... Show More
8m 59s
Aug 2019
Managing your debt
Is all debt ‘bad’? Finance journalist David ‘Kochie’ Koch explains the different types of debt that exist and why understanding them is key to managing your overall debt. He also shares with you his tips for dealing with a personal financial crisis and puts you on his seven-step ... Show More
17m 24s
Jul 2023
1015 - How To Calculate Debt-To-Income Ratio by Chris Bibey
A sound understanding of how to calculate debt-to-income ratio is critical to your overall financial health. Rather than guess and hope for the best, this blog post breaks down everything you need to know about the debt-to-income ratio. What is a Debt-to-Income Ratio?Debt-to-inco ... Show More
7m 19s
Sep 2023
Financial Foundations #3: The Debt Debrief
For many of us, the concept of debt can trigger a complex range of emotions, including feelings of shame, anxiety, and dread.. In this third installment of our Financial Foundations series, presented by State Farm , we’re talking about debt and effective strategies for paying it ... Show More
22m 38s
Oct 2020
Good Debt/Bad Debt
Recent studies show us what many of us already know: debt is about so much more than money. Join Sim & Sonya as they explore the fear behind the psychological aspects of debt, good debt' and 'bad debt' and the two most popular ways to pay off your debt: debt snowball and debt ava ... Show More
28m 44s
May 2023
Student Loans and the Debt Ceiling Deal
On Sunday night, Speaker of the House Kevin McCarthy revealed a 99-page debt deal that would stop the U.S. from defaulting on its debt and raise the debt ceiling. The people who will be impacted most from this proposed agreement are people who have student loan debt, who are on f ... Show More
13m 19s
Mar 2023
893 - What Is A Prepayment Penalty & How To Avoid by Anthony Greer
Did you know you may be charged a prepayment penalty for attempting to pay off your loans early? Prepayment penalties are fees that some lenders charge if you refinance or pay your mortgage off early. Not only are they fairly common—they’re also often misunderstood by borrowers.I ... Show More
11m 31s
Feb 2021
170: Finance Friday: Trading Debt for Cash Flow and Liquidity with Teacher Erik
Erik and his wife have three big debts to tackle: their mortgage on their primary residence, their mortgage on their rental property, and a HELOC (home equity line of credit) taken out as the down payment for their rental property. So, which debt should they tackle first?As two s ... Show More
1h 19m
Nov 2023
Inflation is The Problem. Inflation Is The Solution
 On today’s show, we are talking about four ways to liquidate debt. Our entire economy is driven by access to credit. Credit facilities of all types are essentially a claim on future earnings. I don’t have the money today, but I will in the future if you lend me some of that exce ... Show More
5m 56s