Friendship Crossfit

The Debt Gorilla -> Stress & Anxiety Debt Snowball Good Debt vs. Bad Debt (Arbitrage) Paying someone else Why aren’t we excited about finance? What actions do we take as kids that either motivate or do not motivate us to do well with money? How taught is this? Some things that help kids get excited about it -- Making them a part of a process. Having them take ownership in every step. Showing them how money can grow when they sleep, etc. Imagine an “equity” life -- As kids, obviously we don’t incur much debt. Imagine a life taught on principles of savings, living below those means (only buying something when you have the cash for a full purchase), and then never leaving that space. What happens if we’re already in debt? First, feel the stress and anxiety around it. It looms over your head in all decisions, it’s very important to tap into that feeling and know it well so that you know the relief and excitement around getting rid of it. Later on we’ll discuss good debt vs. bad debt, and debt a