#171: Should I get a loan for _______?

Josh and Amelie discuss the conversation around getting a loan. When does it make sense, and when does it not make sense? Top takeaways: The first–and most important question–is “why do you want to spend this money?” It’s also very important to weigh the cost of interest versus the benefits of having it sooner. Another question is “will this help you build wealth?”  It’s also worth considering interest rates, impact on taxes, opportunity cost Want help building or growing a successful financial coaching business? Find resources below based on where you’re at in your journey: - Deciding whether Financial Coaching is right for you? Join our free Facebook Community with over 5000 current and aspiring financial coaches! https://www.facebook.com/groups/financialcoachescommunity - Already decided you’re going to be a Financial Coach and want to learn more? Get 30+ tips and best practices in our free 8-part email series! https://www.financialcoachesnetwork.com/pre-launch-email-series - Ready to Launch your Financial Coaching business? Join FCN Launch, our step-by-step program that will help you successfully launch your business in four months and grow it to a consistent part-time income. https://www.financialcoachesnetwork.com/launch   - Are you already coaching clients and want to grow your business to a full-time income? Join FCN Grow, our program that helps you scale your business to a full-time income. https://www.financialcoachesnetwork.com/grow