Episode

Wealthy vs. Broke Debt

Podcast
The Wealth Equation
Published
Dec 18, 2025
Duration seconds
1782
Processing state
not_requested
Canonical source
https://the-wealth-equation.simplecast.com/episodes/wealthy-vs-broke-debt-r6AJhZkg
Audio
https://cdn.simplecast.com/audio/57956690-48b3-4379-a280-7c6d3d9525c8/episodes/6b2efe41-9d84-4887-b6ce-8bcbe018ef02/audio/97d089de-4a85-4baf-876b-c5169628971a/default_tc.mp3?aid=rss_feed&feed=B4NIGyMq
JSON
/v1/public/podcasts/the-wealth-equation-5867023/episodes/wealthy-vs-broke-debt
Markdown
/podcast/the-wealth-equation-5867023/wealthy-vs-broke-debt.md

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Summary

Debt is a very powerful tool, and often we are socialized to believe that debt is bad and being debt-free is good, and that’s actually not true. In this episode, I’m sharing the difference between wealthy debt and broke debt, why the world’s largest companies almost always have debt on their balance sheets, and how debt can either accelerate your growth or become a huge downfall if you don’t know how to use it properly.