In this episode of Money Files, I am talking about debt. So many of my clients come to me feeling overwhelmed about the amount of debt they have accumulated. It’s time to learn how to be intentional with your debt and move through your shame or fear about owing money. I want you to have a healthy relationship with debt and be able to assess your debt without judgment.
While listening to this episode, I challenge you to consider who taught you about debt. Your first understanding of debt shaped how you perceive owing money now. Therefore, it is essential to understand when your feelings about debt started so you can move past the shame and create an effective money plan for the future.
Next, I want you to think about what you were able to buy with your debt. You will be surprised to realize that most of your debt was accumulated in investments like buying your home, healthcare procedures, or education. Learning what you are willing to spend money on and go into debt will empower you to make smart financial decisions in the future.
While listening to this episode, think about your answers to these questions…
[00:01:45] Who taught me about debt?
[00:02:57] What beliefs do I hold about debt? What am I willing to go into debt for? What am I not willing to go into debt for?
[00:04:00] What do I make debt mean about my success?
[00:08:00] What has your debt afforded you?
Tune in to this episode of Money Files to learn how to be intentional with your debt and move through the shame or fear you have about owing money.
Get full show notes and the episode transcript:
https://wealthovernow.com/how-to-take-the-shame-out-of-debt/
Links mentioned in this episode…
Set up a call | Financial Coach Washington, DC | Wealth Over Now
