It Doesn't Make Cents
It Doesn't Make Cents
How Much Social Debt Do You Have?
0:00
-37:07

How Much Social Debt Do You Have?

Exploring the financial and non-financial impacts of all those pesky little social debts that crop up

We all have social debts that we’re supposed to pay. Whether it’s spending money to go to your BFF’s bachelorette or buying Girl Scout cookies from your co-worker's daughter, we’re all expected to conform to small social niceties to get along in society. Sign that sympathy card for the PTA president and chip in for flowers.

Sometimes, social debt is less about money and more about time. We’re supposed to reciprocate favors and make time for people in our lives. If you committed to it, you could attend a family event every single week of the year. That might not cost a lot of money, but you might get burned out fast.

Our information on social debt

Check out our financial resources and guest insights

Consider supporting us by upgrading to a paid subscription here (so we can continue to keep doing this work)

Or, for a one-off donation, buy us a refreshing beverage on Ko-fi.

And make sure you check out our websites as well:

Discussion about this podcast

It Doesn't Make Cents
It Doesn't Make Cents
Are you REALLY doing money wrong? Good news: you aren’t doomed to a lifetime of financial failure because you aren’t saving to buy a house, buy a TV with a credit card, or have student loan debt. Get away from all the “supposed-tos” and stop beating yourself up over perceived mistakes. Sarah Li-Cain, AFC® and Miranda Marquit, MBA, are ready to debunk prescriptive money rules and inject a little nuance into your financial life.
This season, we’re talking about the common misconception that debt is ALWAYS bad. We’ll dive into ALL THE THINGS. You don’t have to pay that mortgage off early. Go ahead and finance that car. We’ll also tackle the controversial aspects of debt. How much social debt are you carrying around? Are you really immoral if you have your student loan debt forgiven? We promise corny jokes alongside a whole lotta facts. We might even rant a little. Plus, we’ll show you how to use what you’ve learned to get your money to work best for YOU—no matter what some finance bro says.
Let’s talk about how money might not be what you think—and how you can use it to create the life you want.