437 – What’s The Best Way To Start Tackling Debt?
Podcast |
Debt Free in 30
Publisher |
Doug Hoyes
Media Type |
audio
Podknife tags |
Investing
Personal Finance
Categories Via RSS |
Business
Investing
Publication Date |
Jan 14, 2023
Episode Duration |
00:29:52

When you’ve got a lot of debt to deal with, it can be tough to know where to start. Should you pay off the smallest debt first? Or the highest interest one? On today’s podcast, Doug Hoyes and Ted Michalos break down how to answer this age-old question with lots of practical advice, a discussion about the debt snowball vs. debt avalanche method, whether debt consolidation is a good idea, and when it’s time to speak to a Licensed Insolvency Trustee. Tune in for lots of great tips!

 

Links:

 

Which Debts Should You Pay First? https://www.hoyes.com/blog/which-debts-should-you-pay-first/

Debt Snowball Method vs. High Interest First https://www.hoyes.com/blog/debt-snowball-method-vs-high-interest-first/

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