Everything you need to know about debt.This personal finance breakdown introduces debt as a concept, how debt impacts the world at large, frameworks for evaluating the type of debt you should get into it, you shouldn't get into, thoughts on getting into college debt, student loans, credit card debt, car loans, mortgages, and a whole lot more!Let me know what other breakdowns you want to see & put any questions in the comments.0:00 Part 1: Personal Finance1:08 US Financial Trends1:36 This Series2:30 How Individuals View Debt3:07 How the World Uses Debt4:23 What is Debt?4:32 History of Debt5:42 How Debt Runs the World8:30 Banks = Debt Machines9:20 Companies = Debt Consumers11:00 Debt is not "Bad"14:00 What is Interest?14:30 Example 1: Accelerating Returns18:00 Example 2: Mortgage 23:05 Part 2: Debt Macroeconomics, Debt Instruments, Good & Bad Debt24:00 The "Price" of Money25:10 Example 3: Starting a Business29:00 Why Cheap Debt is Fuel for the Economy 30:25 Good Debt vs. Bad Debt31:42 Assets vs. Liabilities32:40 Expected Value vs. Expected Utility37:10 Expected Utility Debt Perspective38:00 Example(s) 4: Good Debt vs. Bad Debt41:30 Risk Matters!44:00 Example(s) 5: Evaluating Risk46:00 Example 6: Going on a Trip47:40 Student Loan (College) Debt 50:50 Asset Classes52:30 What is a Debt Instrument?53:00 Bonds53:28 Example 7: Bonds56:00 Bond "Offerings"57:30 Credit "Worthiness"58:20 What is a Credit Rating?1:00:00 Example 8: Credit Rating1:00:30 CDs & MMFs1:02:46 Example 9: Money Market Fund Returns1:04:00 The Current Economy 1:04:55 Why Credit Scores Matter1:06:50 Higher Credit Score = Cheaper Debt1:07:10 What Determines Your Credit Score1:08:44 Hard vs. Soft Credit Pull1:10:00 Credit Score Spectrum1:10:30 The MOST IMPORTANT Takeaways1:11:50 Closure: Master Debt :)Disclaimer: this content is educational and does not constitute financial advice.