The Double-Edged Sword of Debt

Send us Fan MailDebt can play many roles in our lives, from the opportunity cost to income producing to just an expense that needs to be attended to. This is where the  double edged sword of debt emerges.Listen in to this latest episode for the discussion between Lucille Sikosana and Arthi Rabikrisson, where they tackle some of the trickier questions about debt; it's usefulness and drawbacks; how to practically break out of the cycle of indebtedness and debt traps, and smarter uses of debt.Tune in to find out:How debt can be favourable and how to practically use debt wiselyThe different kind of debts we have have, some known and others surprisingThe ways debt can hinder usAbout consolidating debt, debt relief and avoiding debt trapsMindfulness around credit scores and reports for future endeavoursHow to practically manage personal debt month to monthAbout the right plan of action for you that helps you clear debtCommitting financial infidelity and the additional stress this causes over timeWe would love to hear your views based on the concepts covered in this episode. Please feel free to rate, write a review, and share with others.#TheSwanEffect #FinancialCoaching #Debt #FinancialWellbeing #WomenInFinance #Saving#Investing #Financialwellness🎧 The Swan Effect Podcast is proudly sponsored by Old Mutual Wealth, supporting conversations that help us build financial clarity, confidence, and long-term well-being.If this episode resonated with you, please subscribe, share it with someone who might need it, and leave us a review. We’d love to hear your reflections — your messages and comments help shape the conversations we have next.Thanks for listening!— Arthi & Malika