Debt Stress
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Debt Stress
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During this 15th episode of the Simplifynance Podcast, host Rachel Stewart discusses the importance of confronting your debt head-on and the stress and strain it can cause on you if you don't.
Episode Highlights:
0:20 Average millennial debt levels
1:10 Short term physical consequences
1:41 Attacking the root of the problem
1:50 Strategy & control
2:20 Maintaining perspective
2:46 Forgive yourself
3 Key Take-Aways
- Credit Cards are considered BAD debt, and it makes up about a ¼ of what average millennials owe.
- Strategize by shining a spotlight on your debt by listing out your liabilities, interest rates and monthly payments (err...Rachel said premiums, but that's not right) all on one page.
- Time to train our brains to kick in the FIGHT response and launce ourselves into action against what's stressing us out!
Resources Mentioned:
Simplifynance Resources
Contact
Rachel Stewart
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