Reduce Debt Increase Wealth

Reduce Debt Increase Wealth

Debt reduction to achieve financial freedom takes commitment, confidence, determination.

Episodes

April 21, 2024 30 mins

Reducing debt start with having a plan. Writing it down and following to the letter. Anything else is not going to work to reduce debt.

Article Link:
https://www.consumerfinance.gov/about-us/blog/how-reduce-your-debt/ By Courtney-Rose Dantus

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played

What are the best ways to use a budget, what information can be obtain.

Article Link:
https://www.oklahomacentral.creditunion/Ten-Solutions-to-Common-Financial-Challenges
https://www.investopedia.com/1-finance/most-common-financial-mistakes/ By Emily Norris

 

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
April 7, 2024 21 mins

Why do tracking and the benefits, again lost word file so no information  on links.

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
March 31, 2024 24 mins

How to get started building wealth, again lost word file so no links information.

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
March 24, 2024 28 mins

This is a overview of everything needed to reduce debt. Lost word file for not sure of links.

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
March 17, 2024 23 mins

Some debt is need while there is debt to avoid. Determine how much debt can afford so not to put stain on the budget.

Article Link:
https://www.investopedia.com/articles/pf/12/good-debt-bad-debt.asp By Lisa Smith  https://www.nerdwallet.com/article/mortgages/debt-to-income-ratio-calculator

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

  • Subscription page: h...
Mark as Played
March 10, 2024 28 mins

The budget or control center is necessary for everyone especially those with financial problems. Tracking is just the start  giving the numbers to use in the budget to review and control the financial situation.

Article Links:
https://www.personalfinancelab.com/finance-knowledge/personal-finance/budgeting/ By Kevin Smith

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the sup...

Mark as Played
March 3, 2024 32 mins

Knowing the basic for tracking will help when reviewing what method to use. Doing tracking manual on paper, using a spreadsheet on computer, or an app on computer and smartphone are all good solutions. First what is Personal finance and why it is important.

Article Links:
https://www.investopedia.com/terms/p/personalfinance.asp By Will Kenton

Support the Show.

Please support the show by subscribing, can cancel at any tim...

Mark as Played
February 25, 2024 28 mins

Have a debt problem and wondering if investing should be started. Investing with debt is this a smart idea or should the debt be paid off first. This is the question most people wonder about all the time. This is not using debt to make investments but if a person should invest with a debt problem.

Article Link:
https://www.fidelity.com/learning-center/personal-finance/pay-down-debt-vs-invest 

Support the Show.

Please sup...

Mark as Played
February 25, 2024 28 mins

Struggling with debt how to handle this problem. Getting out of debt takes longer and harder than getting into debt but reducing debt can be done with the correct procedures.

Article Links:

https://www.wellsfargo.com/goals-credit/smarter-credit/manage-your-debt/pay-off-debt-faster/

https://www.wellsfargo.com/goals-credit/smarter-credit/manage-your-debt/total-cost-of-borrowing/

Support the Show.

Please support the show by subscribing, ca...

Mark as Played
February 18, 2024 26 mins

Having problems with Christmas debt, purchased gifts on credit and now the bills are coming due. How to solve this for all future years and increase emergency fund at the same time. 

Article Links:
https://www.bankatfirst.com/personal/discover/flourish/26-week-savings-challenge.html
https://www.creditkarma.com/money/i/money-saving-challenges

Support the Show.

Please support the show by subscribing, can cancel at any...

Mark as Played
February 11, 2024 30 mins

Details of reduction plan to work for everyone. This brings everything together tracking, budget and debt reduction to make financial life better.

Article Link: None

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
February 4, 2024 26 mins

Keeping a budget up to date is helpful in staying on top of personal finances. What to do and when will be discuss with tips on staying on track. The information from tracking should include everything Checking, Credit cards, every account in the tracking program. 

Article Link:
https://www.investopedia.com/financial-edge/1109/6-reasons-why-you-need-a-budget.aspx  

Support the Show.

Please support the show by subscribing...

Mark as Played
January 28, 2024 29 mins

Setting up a budget should not be hard to do. Keeping the categories to the minimum can be key to making a budget work. This starts with one month of tracking data. Let’s start with tracking entering and getting data out of the program before starting the budget setup.

Article Link:1
https://consumer.gov/managing-your-money/making-budget#what-to-do

Support the Show.

Please support the show by subscribing, can cancel at a...

Mark as Played
January 21, 2024 27 mins

What is tracking in personal finance, what to do tacking and what is needed to track personal finance. Going in depth to explain the basic tracking software. 

Articles Links:
 https://moneywise.com/managing-money/budgeting/best-personal-finance-software 

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
January 14, 2024 26 mins

This is a overview of my life why doing a podcast to help others with debt. There more to life than just working and being broke all the time, thinking working for the bank. This is the 200th episode  of Reduce Debt Increase Wealth a review and reflection of the past. 

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
January 7, 2024 27 mins

The process of paying down or off debt is never ending. Keeping the goals and information in front of eyes is important to achieve this goal. What to do when something goes wrong do not give up adjust and overcome is the order of the day.

No links

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
December 31, 2023 23 mins

A plan is needed to reduce debt, what to include in every plan and the importance of each item. Following a plan make reducing debt much easier. As there are guidelines to follow and measure success. 

 No links this week.

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played
December 24, 2023 21 mins

Why do a Manuel budget will an automated budget be faster and better. Having to do the inputs keep the information fresh in mind thus better understanding the budget.

Links:
https://www.youtube.com/watch?v=qRNrXnSrLWc
https://www.youtube.com/watch?v=XYkwa1D1AC4
https://www.youtube.com/watch?v=XYkwa1D1AC4

Support the show

Please support the show by subscribing, can cancel at any time. Thanks for the support.

  • ...
Mark as Played
December 17, 2023 26 mins

What is tracking and what to use to make tracking easier.  Just taking a few minutes every week will help get debt under control.

YouTube Links:

https://www.youtube.com/watch?v=XImly72tLw0
https://www.youtube.com/watch?v=300NkycLwiA

Support the Show.

Please support the show by subscribing, can cancel at any time. Thanks for the support.

Mark as Played

Popular Podcasts

    Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.

    Death, Sex & Money

    Anna Sale explores the big questions and hard choices that are often left out of polite conversation.

    Stuff You Should Know

    If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.

    Crime Junkie

    If you can never get enough true crime... Congratulations, you’ve found your people.

    Start Here

    A straightforward look at the day's top news in 20 minutes. Powered by ABC News. Hosted by Brad Mielke.

Advertise With Us
Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2024 iHeartMedia, Inc.