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!

Related: Using Money as a Weapon During Divorce