All Episodes

April 28, 2025 18 mins

SHOW NOTES:

Borrowing against your home to pay off credit card debt sounds like a good idea – until it isn't. The key to true financial freedom isn’t wiping out debt, but changing the habits and systems that created it in the first place.

Friend, if you’re considering using home equity to pay off credit cards, ask yourself: What happens if this doesn’t work? Because you don't want to end up in an even deeper financial hole. Many people consider using home equity to pay off credit card debt. It sounds attractive because it’s a financial move when you can pay off your credit cards and start a fresh, but really? Let's find out if it's really a good idea and what the strings are attached to borrowing money from equity to pay off credit cards.

🎧 Happy listening!

Links & Resources:

✔️ DEBT-FREE MONEY METHOD: apply for 6-week program at https://dianagalas.com/course 

✔️ FREE MEAL PLAN WORKBOOK: download now at  https://dianagalas.com/mealplan

✔️ FREE PRIVATE COMMUNITY: become a member of a Simple Money Systems Facebook group 

✔️ NEWSLETTER: join Simple Money Systems weekly news https://dianagalas.com/newsletter

✔️ TAKE WEALTHY QUIZ: discover your financial strengths and growth areas https://dianagalas.com/wealthy-quiz 

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Dateline NBC

Dateline NBC

Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.

On Purpose with Jay Shetty

On Purpose with Jay Shetty

I’m Jay Shetty host of On Purpose the worlds #1 Mental Health podcast and I’m so grateful you found us. I started this podcast 5 years ago to invite you into conversations and workshops that are designed to help make you happier, healthier and more healed. I believe that when you (yes you) feel seen, heard and understood you’re able to deal with relationship struggles, work challenges and life’s ups and downs with more ease and grace. I interview experts, celebrities, thought leaders and athletes so that we can grow our mindset, build better habits and uncover a side of them we’ve never seen before. New episodes every Monday and Friday. Your support means the world to me and I don’t take it for granted — click the follow button and leave a review to help us spread the love with On Purpose. I can’t wait for you to listen to your first or 500th episode!

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

Connect

© 2025 iHeartMedia, Inc.