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Episode 95: Debt & Net Worth mini-sode
Wealth, Taxes, and Finances with John Cindia
English - December 28, 2021 17:00 - 13 minutes - 12.1 MBEntrepreneurship Business Investing finances investing money taxes wealth cash income cash flow real estate Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Episode 94: Savings vs Investing mini-sode
Next Episode: Episode 96: Credit mini-sode
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In this episode the gang discusses debt and net worth and different types of debt and how they can help your as well as hurt you. Typically a younger person will have a negative net worth while someone closer to retirement age would typically have a positive net worth. After building a good nest egg for retirement in-line with paying off big mortgages and being ready to dig into a Roth IRA or a 401K this will result in a positive net worth.