Episode
One Bad Deal Can Change Everything - David Barnett #6407
- Podcast
- Financial Survival Network
- Published
- Jul 17, 2026
- Duration seconds
- 1373
- Processing state
not_requested
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Summary
Every major financial mistake starts with a single decision—and sometimes one bad deal really can change everything. In this episode of the Financial Survival Network, Kerry Lutz welcomes back David Barnett to explore why seemingly smart opportunities can quickly become expensive mistakes. From online misinformation and excessive debt to poor financing and rushed decisions, Barnett explains how people end up taking on far more risk than they realize. He also discusses where AI can be a valuable tool—and where human judgment remains essential. The conversation dives into the psychology of negotiating, the importance of having alternatives, and why thorough due diligence is critical before committing to any major transaction. Through real-world examples and personal stories, Barnett shares practical lessons on managing risk, making better decisions, and avoiding the one bad deal that can change everything. Find David's latest book, Buying Versus Starting a Small Business: A Guide to Keep You From Going Broke, and more information here: DavidCBarnett.com Find Kerry here : https://khlfsn.substack.com and here: https://inflation.cafe Kerry's New Book "The Armstrong Economic Code: The 5 Truths Investors Must Never Forget" is out now on Amazon! Get your copy here: https://a.co/d/bvYbZOz "The World According to Martin Armstrong – Conversations with the Master Forecaster" is a #1 Best Seller on Amazon. . Get your copy here: https://amzn.to/4kuC5p5