5 Tips to Grow Wealth While Managing Debt With Feli Oikonomopoulou

Can you build wealth while dealing with debt? Former financial services lawyer turned FinTech innovator Feli Oikonomopoulou joins this week's The Debt Hotline episode to prove the answer is year. As founder and CEO of WealthMeUp, a gamified financial wellness platform, Feli shares practical strategies for integrating investing into your everyday life, even when you're managing existing debt.With over 30 years of experience at institutions like Bank of America Merrill Lynch and the European Investment Fund, Feli brings a unique global perspective on debt and investing. She reveals how the US credit culture differs dramatically from Europe and shares five actionable tips for building wealth without waiting until you're completely debt-free:Start investing small amounts immediately - even $10 per week while managing existing debt.Prioritize high-interest debt while saving small - tackle credit cards first but still set aside money for investing.Know the differences between good debt and bad debt - mortgages and student loans versus credit cards.Automate your payments and savings - remove willpower from the equation.Use technology tools - leverage apps and platforms to simplify both debt management and wealth building.Sued for debt? Visit https://www.solosuit.com/?utm=podcast to resolve it.In this week's episode of The Debt Hotline, you'll learn:Why you should start investing with just $10 per week even while paying off debtHow to prioritize high-interest debt while still setting aside money for wealth buildingThe difference between good debt (mortgages and student loans) and bad debt (credit cards)How to automate paymets and savings to remove willpower from the equationWhy 80% of women drive consumer spending but only 36% use major investment platformsHow WealthMeUp turns everyday purchases into automatic investmentsThe European versus American approach to credit and borrowing.Feli also answers real listener questions about:Starting investments while debt is still in collectionsWhether to pay off 20% iterest credit card debt before investingLearning investing basics without getting scammed by get-rich-quick schemesFinding investment apps that align with your personal values and goalsKey insight: Don't wait until you're debt-free to start building wealth. The key is making investing a habit and integrating it into your everyday life, which is exactly what WealthMeUp helps accomplish by automatically investing your cashback and rewards from purchases you're already making.About WeathMeUp: The app partners with lifestyle brands to automatically invest your cashback and rewards instead of letting you spend them. Users complete a questionnaire about their values and financial goals, then receive curated investment portfolios that reflect both their risk tolerance and personal beliefs—whether that's supporting women-led companies, environmental initiatives, or specific industries.Connect With Feli and WealthMeUp:Website: wealthmeup.aiLinkedIn: https://www.linkedin.com/company/wealthmeup/Instagram and Tiktok: @wealthmeup.aiEmail: [email protected]'s personal email: [email protected] submit a question to The Debt Hotline, you can:Call 801-613-8181 and leave a voicemailFill out this form: https://forms.gle/28gd4XFsq6ybN4Qu8Send an email to [email protected]