How confident are you that the debt you carry actually serves your future instead of sabotaging it?
This episode breaks down the real question behind debt: not whether it’s good or bad, but whether it’s being used with intention or out of impulse. Ben explains how mortgages, car loans, and certain types of educational or business debt can be tools when used wisely—but dangerous when driven by emotion, lifestyle pressure, or poor planning.
Topics Ben Matthews explores in this episode:
(0:55) Debt is defined as rented money and becomes dangerous when it shifts from tool to habit.
(3:02) The real question becomes what you are using debt for and whether you have a plan to exit it.
(4:40) Small, consistent extra mortgage payments can save years and tens of thousands in interest.
(6:09) Auto loans can be practical, but only when buying smart, avoiding identity-driven purchases.
(7:41) Student and business loans sit in the gray zone because their payoff isn’t guaranteed and can shift with the market.
(9:07) Being debt-free is framed as a direction rather than a mandatory destination.
Learn more: https://debtsucks.info
Talk with Ben Matthews: 803-799-1700
Subscribe to the Debt Sucks Podcast!
Apple: https://apple.co/3Fz2vXE
Spotify: https://open.spotify.com/show/5vTVtMFd6BlbeA5gqTQW9i
YouTube: https://www.youtube.com/@DebtSucksPod?sub_confirmation=1
Facebook: https://facebook.com/debtsuxspod
Instagram: https://instagram.com/debtsuckspod
TikTok: https://tiktok.com/@debtsuckspod
X: https://x.com/debtsuckspod
The Debt Sucks Podcast is your fun, no-BS approach to debt relief. Say goodbye to stress, shame, and debt. Hosted by consumer bankruptcy attorney Ben Matthews, this is your weekly dose of real, relatable advice on crushing debt. If you’re dealing with mounting bills or sick of living paycheck to paycheck, we’re here to help you take control of your finances and find your way out.
This episode was produced by Story On Media: https://www.storyon.co/
