Women and $ management #8
July 22, 2021
I’m Miriam Neff-with STARTING OVER FINANCIALLY,-and I’m Valerie Neff Hogan, and we’re here to talk about money
M Scripture is clear that debt should be rare, small, and repaid. The only debt worthy is the debt of love. Is there a difference between debt for men and women? Yes, men have higher personal loan and mortgage debt loan than women. Women have higher student loan debt than men, have lower incomes and often struggle to repay those debts.
V We go back to that basic biblical principle, earn first and then spend within that income Proverbs 24: 27. Compare college costs carefully. We now see that not all college degrees support a resulting student debt loan. Recent gyrations financially have been hard. But they have required to think clearly what is our goal and what will be the result of those choices.