075: Managing Your Debts with a Personal Debt Plan

As inflation soars, more and more people are dipping into their savings–or going into debt–to make ends meet. While it may not be an emergency (yet!), it may be time to take a step back and assess your situation. With that in mind, today’s episode is all about how to make sure that your money lasts. We’re talking about why it’s so easy to accidentally take on debt, how to put together a personal debt plan to eliminate the bad debt you may hold right now, and what you can do from here on out to avoid a bad financial situation in the years to come. In this podcast interview, you’ll learn: The impacts of consumer debt being at an all-time high. The difference between good debt and bad debt. How to get a grip on your finances if everything feels out of control. Courses you can take to get a better sense of your financial education. To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com How Fit Is Your Retirement Plan?  We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Episode 75 of the The Retirement Trainer podcast, hosted by EGSI Financial, titled "075: Managing Your Debts with a Personal Debt Plan" was published on September 9, 2022 and runs 18 minutes.

September 9, 2022 ·18m · The Retirement Trainer

Summary

As inflation soars, more and more people are dipping into their savings–or going into debt–to make ends meet. While it may not be an emergency (yet!), it may be time to take a step back and assess your situation. With that in mind, today’s episode is all about how to make sure that your money lasts. We’re talking about why it’s so easy to accidentally take on debt, how to put together a personal debt plan to eliminate the bad debt you may hold right now, and what you can do from here on out to avoid a bad financial situation in the years to come. In this podcast interview, you’ll learn: The impacts of consumer debt being at an all-time high. The difference between good debt and bad debt. How to get a grip on your finances if everything feels out of control. Courses you can take to get a better sense of your financial education. To get access to today's show notes, including links to all the resources mentioned, visit EGSIFinancial.com How Fit Is Your Retirement Plan?  We can help you manage your finances so you can pursue your goals. To learn more, visit EGSIFinancial.com

Episode Description