Couverture de 266: Money Math and The Co-Holding Paradox

266: Money Math and The Co-Holding Paradox

266: Money Math and The Co-Holding Paradox

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Making day-to-day money decisions can be incredibly confusing when you are juggling competing priorities like paying off debt, investing for the future, and building a savings cushion. Wouldn’t it be great if you had a simple framework for your money math?
In this episode, we give you some rules of thumb for decision-making and break down "The Co-Holding Paradox"—the costly psychological trap where millions of consumers choose to keep low-yield cash sitting in a savings account while simultaneously carrying high-interest revolving credit card debt.
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