Wealth, Taxes, and Finances with John Cindia

Episode 95: Debt & Net Worth mini-sode

Episode Summary

We want to hear from you! We are giving away Three $50 Visa Gift cards for the top three submissions! The rules are as follows: 1. Email us your name and address at jcindia@lifestagesadvisory.com 2. Send us your episode suggestion, why you listen to WTF and what's the best thing you have learned from the podcast! We are excited to hear from everyone and do a little giveaway prior to our 100th episode! 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.

Episode Notes

We want to hear from you! We are giving away Three $50 Visa Gift cards for the top three submissions!

The rules are as follows:

  1. Email us your name and address at jcindia@lifestagesadvisory.com
  2. Send us your episode suggestion, why you listen to WTF and what's the best thing you have learned from the podcast!

We are excited to hear from everyone and do a little giveaway prior to our 100th episode!

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.