Canadian credit card debt is surging! Many people are feeling the squeeze of rising costs, stagnant wages, and mounting unsecured debt.
This crucial episode offers timely financial guidance on improving credit card habits (which you may not realize are hurting your finances!) and effectively managing debt.
FREE Credit Rebuilding Course
(0:00) – Credit Cards Are Now the Norm, Should They Be?
(4:00) – What minimum purchase amount should you charge to credit?
(5:45) – The biggest problem with credit cards
(7:20) – Everyone knows about interest- why do people use credit regardless?
(9:00) – The positives of using credit cards
(11:00) – Paying off one credit card with another – pros and cons
(13:00) – Being “mindful” aka having a plan
(14:00) – Gaming the points system – travel points, buy now pay later,
(17:00) – Canadians are in hot water – the numbers of unsecured debt are up – prices are up and wages are not, credit cards are a survival tool
(19:00) – Is debit a better idea for better financial decisions?
(22:00) – Practical advice for better credit card management
(27:00) – Practical advice for when credit card debt is completely unmanageable
How to Pay Credit Cards
5 Ways to Survive Without Credit Cards
Sign Up for the Debt Free Digest
Debt Repayment Calculator
Debt To Income Ratio Calculator
Read the FULL JOE DEBTOR CONSUMER INSOLVENCY STUDY 2024
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