183. Is Business Debt OK?
Your Fitness Money Coach Podcast
English - August 22, 2023 08:30 - 24 minutes - 22.4 MBBusiness Health & Fitness goalsetting productivity bargaining buildingwealth businessfinances entrepreneur fitnessbusiness fitnessfinances fitnessprofessional fitnessprofit Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
Some people who may be against personal consumer debt believe it’s OK to carry business debt. For example, while they may be careful to borrow money personally, they’ll swipe the card and carry a balance on the business side without a concern.
Some business owners see the value of being debt-free and want a plan to pay it down so they can have more financial freedom.
A question I hear often is “How do I handle the debt on the business side?”
For that reason, today’s show is all about “business debt.”
I share the difference, if there is any, between the two.
I also share my favorite strategy to pay down business debt.
Once you’re out of debt, it’s paramount to keep it that way. I share how.
Finally, we’ll wrap up with the main benefits to paying off your debt, personal and business!
Listen to this episode, apply what you learn, and teach it to others. By the way, be sure to connect with me on Instagram!
Listen and grow!
Your Financial Coach,
Billy
P.S. If you or someone you know is looking for a plan to dial in your finances and achieve some financial freedom, book a short call with me here!
One of the things that 2 recent clients told me is that I helped them uncover things that were holding them back that they didn’t even realize. If this sounds like you, give me a shout! You got this.