In today’s episode, you guys are going to meet Dumb Kris and Smart Kris and they’re going to debate on which debt you need to pay off first. Which Kris would you want to go with? Let’s talk about the types of debt that are to be paid off and why you should prioritize one over the other. Check it out!
00:27 You’re going to talk to Dumb Kris and Smart Kris
00:47 Dumb Kris
01:23 If you focus your entire life on paying off debt, you’ll have no residual income
02:17 Smart Kris
03:40 I chose investment
04:30 Take this for example
05:31 It’s a game of arbitrage
05:59 Wealth is nothing more than moving money from low yield to high yield
07:13 I am where I am today because…
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.
The above summary disclosure is provided as an overview, and is not intended to be comprehensive. Additional details are reflected below. See full disclosures here: https://www.kriskrohn.com/epicdisclosure
NO INVESTMENT, FINANCIAL, LEGAL OR TAX ADVICE
The contents of this video are for informational and educational purposes only. They should not be considered investment, financial, legal or tax advice. Kris Krohn is not licensed in the insurance or securities industries and is not in the business of selling, soliciting or negotiating the sale of any insurance contract, security or other investment vehicle.
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Mr. Krohn has a financial interest in EPIC Insurance Services, LLC (EPIC), a licensed insurance brokerage agency incorporated in New Jersey, and is compensated by EPIC. See full disclosures here: https://www.kriskrohn.com/epicdisclosure
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