#171: Should I get a loan for _______?

Season #1

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

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