133 - How Do I Pay Off Debt When Living Paycheck to Paycheck

DebtMatters Podcast

A tartalmat a Debt Matters Team and Wayne Kay biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a Debt Matters Team and Wayne Kay vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.

10M ago 19:32

MP3•Epizód kép

The latest polls have found that nearly half of Canadians are living paycheck to paycheck as the cost of living continues to rise. Household budgets are getting squeezed causing debt levels to increase. Once you find how much money you need to stay on top of your expenses, you’ll either need to make sacrifices or find a way to increase your income. Licensed Insolvency Trustee, Matthew Fader discusses options and strategies to break the cycle of living paycheque to paycheque. He covers:

Where to start
The psychological component of money management
Identifying recurring and occasional expenses
Is the shortfall is due to spending issues or insufficient income
Pros and cons of consolidation loans versus a line of credit
Consulting with an LIT to help evaluate your options and find a solution

Licensed Insolvency Trustees are considered to be the best debt advisors in the country and the only ones licensed by the federal government of Canada. They can help you navigate a path forward to becoming debt free.

About Matthew Fader

Matthew has worked in the insolvency field since 2005 and joined Allan Marshall and Associates in 2017. His positive outlook helps reassure his clients with any financial insecurities they may have. Matt’s goal is to ensure that everyone has the best possible experience and is treated with respect.

Additional Resources

161 epizódok