What does it mean for a country to be in debt, and how does it affect young adults starting their careers?
Welcome to Finance 101 on the Decision Day Podcast! In these bonus episodes, we break down basic financial knowledge and terminology to prepare you for life after high school.
To make sense of such a massive number, my grandpa (self-taught financial expert) shares a relatable analogy to help us understand how the national debt impacts us on a personal level.
In this episode we discuss:
- How a country accumulates debt
- Ways to recover from debt
- The impact that a national debt will have on the future
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Thank you for listening! I can't wait to share a new perspective with you in the next episode.