Episode 004: Reducing Debt

from Operation Retirement Readiness · host Mike Hunsberger & Amy King

Episode 004 Debt In this show, Mike and Amy discuss the number 3 most popular New Years’ Resolution - paying down debt. Mike and Amy cover: The US consumer debt problem (2:09) Types of Debt (6:53) “Good” vs “Bad” Debt (8:37) Debt to income ratio and importance of having a debt management strategy (12:09) Debt heading into retirement (14:31) Approaches to paying down debt (16:40) Balancing savings and debt pay off goals (21:24) Then Amy summarizes the key concepts (24:07) Links: Operation Retirement Readiness: www.operationretirementreadiness.com Schedule a consultation with Mike: https://nextmissionfinancialplanning.com/contact/ Schedule a consultation with Amy: https://www.instarfp.com/contact Disclaimer: This podcast represents the views of the hosts and any guests. It is for informational purposes only and should not be considered tax, financial, or legal advice. All information is regarded to be from reliable sources. The hosts are not responsible for any losses, damages, or liabilities that may arise from the use of this podcast. This podcast is not intended to replace professional, individualized advice.

Episode metadata supplied by the publisher feed · Published Feb 15, 2024

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Episode 004: Reducing Debt

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This episode is 27 minutes long.

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This episode was published on February 15, 2024.

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