# Wealthy vs. Broke Debt

Page: https://stenobird.com/podcast/the-wealth-equation-5867023/wealthy-vs-broke-debt
Text version: https://stenobird.com/podcast/the-wealth-equation-5867023/wealthy-vs-broke-debt.md
Podcast: [The Wealth Equation](https://stenobird.com/podcast/the-wealth-equation-5867023)
Published: 2025-12-18T18:10:40+00:00
Episode link: https://the-wealth-equation.simplecast.com/episodes/wealthy-vs-broke-debt-r6AJhZkg
Audio file: 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
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JSON: https://stenobird.com/v1/public/podcasts/the-wealth-equation-5867023/episodes/wealthy-vs-broke-debt
Duration seconds: 1782

## Resource

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.

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## Transcript

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