Smart strategies to manage your debt
08/10/24 • 34 min
In this episode, we address the challenge of managing overwhelming debt, particularly as interest rates and inflation continue to rise. With many people finding it difficult to keep up with their debt payments, we're here to provide practical advice and strategies to help you take back control of your finances. We'll cover topics like the snowball method, how to negotiate with your creditors, and the benefits and drawbacks of debt consolidation. We’ll also explain what debt review entails, how it operates, and the key things to watch out for. By making small adjustments and redirecting your funds, you can make significant progress in reducing your debt.
Don’t forget to download our budgeting and credit agreement templates to support you on your path to financial freedom.
https://www.santam.co.za/about-us/santam-insure-your-future-money-podcast/
In this episode, we address the challenge of managing overwhelming debt, particularly as interest rates and inflation continue to rise. With many people finding it difficult to keep up with their debt payments, we're here to provide practical advice and strategies to help you take back control of your finances. We'll cover topics like the snowball method, how to negotiate with your creditors, and the benefits and drawbacks of debt consolidation. We’ll also explain what debt review entails, how it operates, and the key things to watch out for. By making small adjustments and redirecting your funds, you can make significant progress in reducing your debt.
Don’t forget to download our budgeting and credit agreement templates to support you on your path to financial freedom.
https://www.santam.co.za/about-us/santam-insure-your-future-money-podcast/
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Using credit responsibly
In today's episode of Santam Insure Your Future Money Bootcamp, Maya and I focuse on responsible credit use, offering insights into budgeting, borrowing, and distinguishing between good and bad debt. We provide a comprehensive guide to understanding and managing debt.
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