Has your debt dug you a hole deeper than you’d planned? Dig yourself free! And make getting out of it a priority this year.

But first, it’s important to understand why being in debt truly IS the Road to Poor, and then you can learn how to minimise the cost of it. In this episode, I discuss ways to do just that.

As Albert Einstein said – “Compound Interest is the eighth wonder of the world.  He who understands it, earns it… he who doesn’t, pays it”. And whether negative or positive, It all adds up.

Show Notes

  • [01.48] The New Year’s Challenge
  • [03.35] Step 1 – Understanding the cost of debt.
  • [08.48] Minimising the cost of debt
  • [10.37] But what about house and car debt?
  • [12.04] The Road to Poor

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“As the saying goes, we tend to overestimate what we can achieve in the short term and underestimate what we can do in the long term.” – Lisa Linfield

“Let’s be clear, there is no debt that is ‘good’ debt because all of it costs you a huge amount as you  pay it off.” – Lisa Linfield