The People Drowning in Debt Aren't Who You Think, with Christine Liggins

This week on the Ways to Wealth Podcast, Charlie speaks to Christine Liggins, co-founder and CEO of the DebtFix Foundation, a charity that now helps 8,000 New Zealand families a year claw their way out of debt.If you think the people drowning in debt are who you'd expect, this conversation will change your mind. Christine's average client isn't on a benefit. They're middle to high earners, often self-employed or running their own business, and they owe around $80,000, not on a mortgage, but on credit cards, personal loans, and buy now pay later. The people who felt the most secure in their jobs are often the ones carrying the most, right up until the moment that security disappears.Christine has spent two decades fighting for these people, and she pulls no punches. She'll tell you why she calls bankruptcy a weapon of mass destruction, why money is now the single biggest driver of mental health problems, and the simple thing almost nobody realises they can do the moment repayments start to slip. There's also a story about a franchise owner convinced he owed a fortune, until Christine showed him the truth was nowhere near as bad as he feared.This is a conversation about how quickly things can unravel, why the shame around debt keeps people silent for far too long, and the small first steps that start to turn it all around.Watch every episode of the Ways to Wealth Podcast here: www.eccuity.com/podcastsLearn more about Christine here: https://www.linkedin.com/in/christine-liggins-7454992b/Learn more about Christine's company here: https://www.debtfix.co.nz/#waystowealth #debt #personalfinance #bankruptcy #financialwellbeing #mentalhealth #nzbusiness #money #debtfree #charity #smallbusiness #costofliving #financialresilience #wealthbuilding