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Podcast: DebtMatters Podcast
Episode: 156 - Millennials Dominate Insolvencies as Credit Card, Student Loan, CERB Tax Debts Add Up
Description: This episode of the Debt Matters Podcast dives into the financial struggles of millennials. Hosted by Wayne Kay and featuring debt expert Daniel Maksymchak from LCTaylor Licensed Insolvency Trustee, the conversation explores how millennials are particularly affected by debt due to factors like high student loans, credit card debt, and the burden of CERB tax debts.Key Topics Covered:The generational struggle: Millennials are hit harder by rising costs and stagnant wages.The cost of education: Many millennials have significant student loans due to rising education costs.The rise of unsecured millennial debt: Credit card reliance...