All Episodes

September 14, 2022 47 min

Some folks will swear that taking a nap is bad for you. “It’ll throw off your circadian rhythm!” or “You’re being lazy- maybe it’s time to be more productive with your time!”. And of course, like many things in life, you could take it too far. For instance taking a nap while your friends are visiting or climbing in bed for 3 hours in the middle of the day will likely lead to poor outcomes- there will be negative downstream effects. But the reality is that a well-timed nap can bring a lot of benefits for many folks- it can boost your memory, increase your job performance, and ease your stress levels. Well, in the same way that naps are misunderstood, so is debt. Indiscriminate use of naps or debt could easily create a mess. But the strategic use of debt is an incredibly nuanced topic that we’re venturing into. Today we discuss how you can determine if you’re using debt strategically by looking at your finances holistically, how folks use debt as a crutch, why it’s important to understand opportunity cost, evaluating your own personal debt tolerance, and much more!


Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances:

  • Knowing your ‘money gear’ is a crucial part of your personal finance journey. Start here.
  • Sign up for the weekly HTM newsletter. It’s fun, free, & practical.
  • Find a thriving community of fellow money nerds by joining the HTM Facebook group!
  • Maximize your rewards by getting the best credit card for how you spend.
  • Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile.
  • Don’t be cheap and forego getting a life insurance policy. Compare rates with Policygenius.

    During this episode we enjoyed a Milk & Cookies by Wicked Weed! And please help us to spread the word by letting friends and family know about How To Money! Hit the share button, subscribe if you’re not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!


    Best friends out!

    See for privacy information.

    Mark as Played

    Advertise With Us

    Popular Podcasts

    Dateline NBC
    Crime Junkie

    Crime Junkie

    If you can never get enough true crime... Congratulations, you’ve found your people.

    The Piketon Massacre

    The Piketon Massacre

    The most notorious mass murder in Ohio’s history happened on the night of April 21, 2016 in rural Pike County. Four crime scenes, thirty-two gunshot wounds, eight members of the Rhoden family left dead in their homes. Two years later a local family of four, the Wagners, are arrested and charged with the crimes. As the Wagners await four back-to-back capital murder trials, the KT Studios team revisits Pike County to examine: crime-scene forensics, upcoming legal proceedings, and the ties that bind the victims and the accused. As events unfold and new crimes are uncovered, what will it mean for all involved? What will it mean for Pike County?

    For You

      Music, radio and podcasts, all free. Listen online or download the iHeart App.


      © 2022 iHeartMedia, Inc.