In this episode of The Cashflow Chronicles, Shawn King breaks down one of the most misunderstood concepts in personal finance: the difference between good debt and bad debt.

Most people are taught to fear all debt—but that’s a mistake. Not all debt is created equal. In fact, if used strategically, the right kind of debt can actually help you build wealth, buy back your time, and create long-term financial freedom. The problem is, most people are stuck using debt the wrong way—and it’s draining their cash flow and destroying their future.

🎙️ Inside this episode:• What debt really is (and why it’s neutral—not evil)• The difference between wealth-building debt and wealth-draining debt• Examples of good debt (real estate, business loans, strategic education, and Infinite Banking)• Examples of bad debt (credit cards, auto loans, Buy Now Pay Later schemes)• How to eliminate bad debt and start flowing money through a system that works for you• Why Infinite Banking can transform debt into a strategic asset• How to get out of the financial rat race by using debt the right way

Whether you’re drowning in debt or just looking to sharpen your financial tools, this episode is a must-listen.

Key Takeaways:

✅ Good debt increases your income, cash flow, or net worth✅ Bad debt funds lifestyle now at the expense of future freedom✅ Infinite Banking turns your cash into a multi-use asset✅ Most people aren’t in debt because they’re irresponsible—they just weren’t taught the rules✅ The goal isn’t to be “debt free”… it’s to be financially free✅ You need a system that helps you control your cash, eliminate bad debt, and leverage good debt with intention✅ If you want help building your plan, Shawn can guide you—step by step

Ready to ditch bad debt and start leveraging smart strategies to build real wealth? Start by watching the full Save & Spend System overview—and then book a free call with Shawn to map out your next steps.

📺 Watch the Full Save & Spend System Presentation:👉 https://saveandspendsystem.com/startnow2

📞 Book Your FREE Cash Consultation Call with Shawn:👉 https://calendly.com/shawnksfg/infinite-banking

🔗 Connect, Learn & Grow:👉 https://linktr.ee/legacylifeandretirement

🌐 Visit the Website:👉 https://legacylifeandretirement.com

📧 Contact Shawn Directly:👉 Info@LegacyLifeandRetirement.com