Thursday Sep 29, 2022
Debt: You can Dig Yourself Out of that Hole
In light of the recent announcement of a debt jubilee on student loans, Emily & Amanda decided it was time to dig into how we think about debt, both individually and as financial advisors.
We discuss:
- Psychological factors that factor into decision-making around debt;
- Creating a plan to pay off your debt;
- Examining your behavior to prevent going back into debt;
- Prioritizing paying off debt vs savings; and
- Emily & Amanda revisit the money diaries they kept earlier this year to examine their own spending.
Links and Resources - www.connectingthedollars.com
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