Ep 52 | Getting Richer by the Second | Debt

About this episode

In this episode, Michael Scaglione discusses the nuances of debt with hosts Beth and Marilla, focusing on how to leverage it for business growth.

Some business owners are fearful of taking on debt. Others take a more "devil-may-care" approach to borrowing money. In this episode, Michael Scaglione of Finger Lakes Federal Credit Union talks to Beth and Marilla about good debt vs bad, how to know the difference, and how to use debt as a tool for growing small businesses rather than as a life raft for rescuing them. Please share Thank You for Understanding (TYFU) with your friends and be sure to subscribe for future episodes and rate and review us on your favorite podcast platform. Contact us and share YOUR story at tyfupod.com . Follow us on Instagram @tyfupod . Like us on Facebook .

People in this episode

Hosts: Beth, Marilla

Guest: Michael Scaglione

Topics covered

• debt
• business growth
• good debt vs bad debt
• borrowing money
• small business

Keywords

• debt
• business owners
• borrowing
• financial tools
• small business growth

Mentioned in this episode

Organizations: Finger Lakes Federal Credit Union

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