Obi was a successful college athlete who now runs his own business, but his spending for his “image” has gotten him into financial trouble, adding to his student loan debt.
1) Why can't Obi make ends meet on $80,000/year? What are his "blind spots?"
2) Why does Dan Rosensweig say that your personal financial life should be run like a business? What is step one?
3) Why is personal debt so detrimental to someone who is running their own business?
4) How important is it for people to understand how (student) debt works, for example, why paying it down faster is desirable?
5) Do you think it was eye-opening for Obi to write down every dollar he spent for a period of time? Have you ever done that?
6) What lesson did he learn from Ronnie Lott? What did Obi do to demonstrate that he learned something from him?
7) Do you think Obi will be successful? Why?
8) How did you feel about the financial product promotions within the video? Do you think these are useful products for people in similar situations?