• How to Deal with Debt

  • Mar 15 2022
  • Length: 9 mins
  • Podcast

How to Deal with Debt

Listen for free

View show details

  • Summary

  • Dealing with Debt - Part of the special series on the 7 Pillars of Financial Wellbeing

    For many of us, some form of debt is a fact of life, but in my view it’s something we should use for our advantage rather than against us.

    Carrying a lot of consumer debt such as credit cards and loans acts like an anchor dragging behind us or trying to drive with the handbrake on. Not that I am demonising all kinds of debt, far from it. How difficult would buying a house be without a mortgage or many of the functions of modern life without some kind of credit option?

    My purpose here is to encourage you to pause for a moment and think about how much debt you have and how quickly you can pay it off.

    In this episode we look at 3 ways to reduce the impact of consumer debt including:

    • Banish minimum payments
    • Switching to a lower APR and
    • Using the Snowball effect to eliminate your debt in record time.

    Resources mentioned

    Save money on your credit cards video

    The Financial Liberation Programme
    Show More Show Less
Show More Show Less
activate_samplebutton_t1

What listeners say about How to Deal with Debt

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available