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If you’re like the average American, you have debt, and possibly don’t know where to begin when wanting to efficiently pay it off.
In this episode of the Wealth of Insight podcast, Austyn Whittenberg tackles the pressing issue of American debt. He shares valuable strategies for managing and reducing debt. From budgeting to the 50-30-20 rule, they provide practical tips to regain control of your finances.
They also discuss the importance of paying more than the minimum on credit cards and utilizing the debt snowball method. Don’t let debt hold you back any longer – tune in to this episode for expert advice and take the first step towards financial freedom.
Austyn discusses:
- Recent statistics about American debt–finding out where you stand in the statistics
- The first steps you can take to get out of significant credit card debt (getting back on track to achieving your financial objectives!)
- What order to pay off your debt in including: student loans, credit card debt, mortgages and more
- How to use the strategy of the “debt snowball” and how it’s already helped people in your situation
- And more