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352 – The Minimum Payment Lie with Diane Cunha
Podcast |
Debt Free in 30
Publisher |
Doug Hoyes
Media Type |
audio
Podknife tags |
Investing
Personal Finance
Categories Via RSS |
Business
Investing
Publication Date |
May 29, 2021
Episode Duration |
00:30:30

Making the minimum payment on your credit card can make you believe your debt is manageable. But the reality is, minimum payments will keep you in debt forever. On today’s podcast, guest and Certified Credit Counsellor Diane Cunha explains the ‘lie’ behind minimum payments and why people fall into the trap. Diane also gives practical advice on how to avoid the minimum payment debt cycle.

 

Related Links:

 

Minimum Payments on Credit Cards Are Keeping You in Debt: https://www.hoyes.com/blog/minimum-payments-on-credit-cards-are-keeping-you-in-debt/

Straight Talk on Your Money, available on Amazon, Kindle and as an audiobook: https://www.hoyes.com/straight-talk/

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