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Podcast: DebtMatters Podcast
Episode: 112 - Should You Pay Debts First or Save
Description: With rising interest rates, paying off debt can feel like it has to be your only financial priority. But should you not be saving for those unexpected expenses that keep popping up? How do you build financial resilience in these challenging times? Savings versus paying down debt, it’s a balancing act. Licensed Insolvency Trustee, Mary-Ann Marriot talks about strategies you can use to do both at the same time.He also discusses:Finding out and tracking the expenses you are using credit forTypical savings objectives divided into 3 categories Advantages of using multiple bank accounts Common mist...