15. The Truths About Debt & Failure

Having debt doesn't make you a failure. Failing doesn't make you a failure. In this episode, we talk about getting comfortable with our shortcomings so we can learn from them and continue to move forward with our goals. First, what we're watching on Netflix: Fastest Cars, The Single Wives, Indian Matchmaking, Love on the Spectrum, The Last Dance, The Office (still). Shoutouts: @debtfreesis, @touristyaf & @natnatpena from @thehappycactusclub! 3 Ways to Get Comfortable with Failure Serious Talking points: Michael says educational debt is worth the investment. Do you agree? How your friends and family view your debt and your failures Alisa's biggest failure in college and how it affected her The importance of "balcony" people in your life to cheer you on How to move forward with failure by acknowledging your fear Embracing your inner child when it comes to debt and failure If you want to give generously, you can't give what you don't have Keeping your goals and purpose in mind How to pay off debt  Snowball method: pay your smallest balance off first Avalanche method: pay your highest interest rate off first Saving money by staying home! Social media picks:  Michael Jordan's failures Becoming financially secure If you have questions for Michael or Alisa (or both of us), please submit them for "Serious Fam Q&A" at [email protected] or @seriouslythoughpod. More from Alisa: The Happy Cactus @thehappycactusclub @alisa.coach  More from Michael: Bolt Wealth Management  @michaeldm