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Podcast: My Worst Investment Ever Podcast
Episode: Denis and Katie O’Brien – Understand Negative Equity Before Cosigning a Loan
Description: ... The consequences of not doing so can be brutal Guest profile Denis and Katie O’Brien decided to create a “Chain of Wealth” after having a tough conversation about Katie’s debt that was piling up. She had more than US$200,000 of debt that included student loans, a mortgage, a car loan, and negative equity. After hunkering down and reprioritizing what is important in life, they’ve managed to pay off all their debt in less than two years, all while getting married and paying for their wedding in cash! “We often speak a...