
#17 Debt: You can Dig Yourself Out of that Hole
In light of the recent announcement of a debt jubilee on student loans, Emily & Amanda decided it was time to dig into how we think about debt, both individually and as financial advisors. We discuss: Psychological factors that factor into decision-making around debt; Creating a plan to pay off your debt; Examining your behavior to prevent going back into debt; Prioritizing paying off debt vs savings; and Emily & Amanda revisit the money diaries they kept earlier this year to examine their own spending.