Ever since I wrote my first book, “Life or Debt,” nearly 20 years ago, I’ve been trying to guide readers and viewers to a debt-free life. Why? Because debt is like a cancer that eats away at your financial future.
The money you pay to use other people’s money — aka, interest — is money that’s not around to help you reach your financial goals.
Destroying debt is easier said than done, but whether you carry a small balance on your credit card or have a million-dollar mortgage, there are specific steps you can take to become debt-free at the earliest possible moment.
Sit back, relax and listen to this week’s “Money!” podcast:
Not familiar with podcasts?
A podcast is basically a radio show you can listen to anytime, either by downloading it to your smartphone or other device, or by listening online.
They’re totally free. They can be any length (ours are typically about a half-hour), feature any number of people and cover any topic you can possibly think of. You can listen at home, in the car, while jogging or, if you’re like me, when riding your bike.
If you haven’t listened to a podcast yet, give it a try, then subscribe to ours. You’ll be glad you did!
Want more information? Check out these resources:
- “8 Surefire Ways to Get Rid of Debt ASAP“
- “How to Pay Off $10,000 in Debt Without Breaking a Sweat“
- “7 Great Tools to Help You Get Out of Debt“
- “The Worst and Best Ways to Destroy Debt“
- Money Talks News Solutions Center (for help with credit card, student loan and tax debt)
- Money Made Simple (Money Talks News education course with a chapter on dealing with debt)
- The Only Retirement Guide You’ll Ever Need (Money Talks News course)
I founded Money Talks News in 1991. I’m a CPA, and I have also earned licenses in stocks, commodities, options principal, mutual funds, life insurance, securities supervisor and real estate.
Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.