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Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Released Wednesday, 29th May 2019
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Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Debt: So Misunderstood … Find Out Why You Can Let Go of the Emotional Baggage.

Wednesday, 29th May 2019
Good episode? Give it some love!
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What is debt, really? It’s borrowing money from someone – someone who has extra money – and then paying them for the use of their money. It allows people to have homes for their family; and when used wisely, debt creates liquidity where liquidity is needed. As long as the exchange is fair, it can be a helpful tool … yet society sometimes turns it around. Find out what Dan Danford has to say about letting go of the emotional baggage surrounding debt, and how to use it in positive ways on your journey to your picture of freedom.

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From The Podcast

Money is Freedom

Welcome to Money is Freedom, a podcast for people who believe in simple, jargon-free guidance about money and investing. It's also a podcast for people who believe money can be fun and want to guide their thoughts about it in positive directions. Our host, Dan Danford, serves as President and Chief Executive Officer of Family Investment Center, a full-service, commission-free investment advisory firm. Based in St. Joseph, Mo., Family Investment Center serves clients in the Kansas City area and across 13 states. You'll see his name and those of his team across publications like The Wall Street Journal, U.S. News and World Report, Forbes, Kansas City Star, Chicago Tribune, BusinessWeek and more -- often surrounding somewhat unconventional (but absolutely smart, experience-driven and level-headed) information about money. If Dan's wisdom has been called upon by these sources for its uniqueness and savvy, it's because he has had a unique journey. He began his investment career more than 30 years ago as a bank trust officer, where he decided there must be a better way to help people reach their goals. He started a successful independent trust company in 1987 and Family Investment Center in 1998. He has been helping people achieve their version of "the good life" in a refreshing commission-free atmosphere ever since. (In fact, client Assets Under Management exceeds $100 million).Having seen first-hand the many ways bank trust and investment companies work and provide services, he feels strongly that a commission-free firm offers a better way for most people to receive independent, objective advice at reasonable rates, with a high level of personalized service. Now that this type of advice has become popular (and soon mandatory) it's business as usual at Family Investment Center. Dan holds a bachelor's degree in Marketing from Missouri Western State University, an MBA from Northwest Missouri State University, and an MS in Personal Financial Planning from Kansas State University. He is a CFP® and strongly influenced by his late father, Thad Danford, who made him rent the family's mower for Dan's early lawn mowing business.

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