Show Me the Money: Episode 181
Jul 14, 2011
The possibility of financial freedom, plus how America’s Millennials will have to pay our national debt, and a listener asks if a college education is worth the money. Featured musical artist: Royal Tailor
Whether you're up to your eyeballs in debt or are financially free, you probably have to think about money every day. Handling money well is a biblical mandate, but many of us don't understand the full implications of this until financial woes are all too real. Listen as Martha and I talk with Chris and Valeen Tschamler about their story of dropping almost $35,000 of debt in less than two years. It's inspiration for us all, and motivation to use our money wisely and avoid seeing red.
You Must Pay Our National Debt
That's what Bill Beach of The Heritage Foundation tells us, anyway. He says our multi-trillion-dollar spending will be accounted for by those who today are under 30. Ouch. So what does that mean for us right now? Bill breaks it down (thank goodness) with an excellent primer on how we got into this mess, what are the consequences and what we must do as a result.
Is College Worth It
His friends with college degrees are, in this economy, underemployed. Some of them can't find work at all. So in light of this grim scenario, is paying for years of schooling really worth it? What will reading books and writing papers really do to land anyone a job in the real world? John Thomas joins me to offer some great advice to this young gent as he weighs his options for higher education.