Mike Dillard and the Elevation Group on Opportunity costs vs debt
One of the biggest financial conundrums facing people is that of debt. The baby Boomer generation has a mantra of ‘pay of your debt’ and that being debt free is the key to happiness. While there may be some truth to staying out of debt, using debt effectively can lead to wealth. In this video, Mike Dillard and the Elevation Group, along with Paul Haarman, discuss why some debt is good and how the economic phenomenon known as ‘opportunity costs’ should factor into your financial decision making.
Mike Dillard and the Elevation Group | Debt vs Opportunity Costs
Mike Dillard and the Elevation Group | Who is Paul Haarman?
Paul Haarman is the CEO of The Renaissance Companies, a financial company that works with busy professionals who either dread or just can’t find the time to plan for their family’s financial future. Using transformational learning experiences, Paul and his team give their clients a New Perspective on wealth that reveals all the assets in their lives, from health to relationships to legacy – what they call True Wealth. On that foundation, they provide their clients an Integrated Wealth Plan: a comprehensive set of innovative strategies, automated systems, human resources and services that serve as a blueprint for painlessly achieving their desired future. Paul Haarman is also the host of the shift economy, a radio show that exposes the ugly truths about old outdated traditional thinking and paves the way by interviewing people from all disciplines to educate the public on how to thrive in a 21st Century economy.