18: Personal Finance Edition, live from @AtlasPurveyors
(download)
Michael's family has only a mortgage (it's less than 1/4 of their take home income to boot) - and has no consumer debt (no car payments, credit cards or anything). Dave has a mortgage, and a small car payment to rebuild credit. Michael isn't concerned about his credit score - if you inherit $1,000,000 your credit score doesn't change a point.
Couples are waiting to get divorced because they feel too strapped financially. Why not work for the short sale instead? The debt forgiven is sometimes taxable income. Listen in for the details! How are you doing financially? You can find Dave at http://davetayloronline.com and Michael at http://friendmichael.com . You can find the show at http://boulderopenpodcast.com iTunes, and Callisto.fm: http://j.mp/6TOXJU This episode is brought to you by Blue Microphones http://bluemic.com Thanks Blue!