Podcasts about debt management plan

Being in debt doesn't mean that you are bad at budgeting or don't know how to manage your money. Right now, debt is affecting most Canadians. Having a plan to follow can help you pay off your debt faster so you can regain financial stability. In this podcast, Licensed Insolvency Trustee, Amanda Sherwood talks about how to create an effective debt management plan. She covers:What debt management means and where to start Savings versus debt repayment - incorporating both into your planHow much debt is too much debtChecking out your bank for the options available for youApps and computer programs to assist youHow cancelling credit cards can affect your credit score. Federally regulated, Licensed Insolvency Trustees are knowledgeable in all aspects of finances and debt management. You can be assured you are receiving the best unbiased advice from these,debt professionals.About Amanda SherwoodAmanda started with Allan Marshall and Associates in 2008 as an Estate Administrator. She has since received her Chartered Insolvency & Restructuring Professional (CIRP) and her Licensed Insolvency Trustee (LIT) designation in 2022. The most rewarding part of her job, Amanda says, is hearing her clients say how relieved they are after meeting with their office. She reminds everyone that they are not alone and that help is available to get relief from insurmountable debt.   Additional Resources Allan Marshall & Associates Licensed Insolvency TrusteeHow New Brunswick Household Debt Compares to the Rest of CanadaDebt Management: Read This First!

Get ready for 2024 with our first episode of the year! Join Doug Hoyes as he gives a straightforward take on New Year's resolutions, highlighting the need for a practical plan and figuring out what really matters to you. He talks about why arbitrary resolutions may not work and gives advice on making changes that actually stick. Doug shares easy steps to cut debt, handle expenses, and boost income, offering practical tips to make your financial journey in 2024 a success. Don't wait – hit play now and make this your best financial year yet! Related Links:  How are habits formed: Modelling habit formation in the real world, European Journal of Social Psychology, Phillipa Lally  https://onlinelibrary.wiley.com/doi/abs/10.1002/ejsp.674 Getting Out Of Debt Requires A System, Not Just A Goal  https://youtu.be/ysvkV0uN7mM?si=tcUHlcE7gWVzdAK9  https://www.hoyes.com/blog/getting-out-of-debt-requires-a-system-not-just-a-goal/  Debt Management Plan  https://www.hoyes.com/debt-relief/debt-management-plan/  Build a Get Out of Debt Repayment Plan  https://www.hoyes.com/debt-relief/get-out-of-debt/ 

Gabriel Grant is a military veteran from Connecticut. After finding MMI online, Gabriel enrolled in a Debt Management Plan to help pay off the debt he incurred from building a home, all while going back to school and welcoming a child. Now, just three years later, Gabriel has paid off $25,000 and raised his credit score 50 points. Now, Gabriel can enjoy financial freedom in the comfort of his own home with his wife and daughter.

Courtney Luke tells you why you need a debt management plan Episode 2447: Are You in Debt? 6 Reasons You Need A Debt Management Plan by Courtney Luke of Arrest Your Debt Arrest Your Debt is a wide-ranging personal finance website, yet focuses on helping first responders and people struggling with debt. The owners, Courtney and Ryan Luke have made it their mission to help people get out of debt and start building wealth on any income.  There are three main areas of focus for Arrest Your Debt:  1. To provide trustworthy personal finance information to first responders.  2. To help first responders take control of their money and get out of debt.  And 3. To provide valuable resources and references to first responders to help them grow their nest eggs and enjoy the retirement they deserve.  Since 2009 when they started their journey toward financial literacy, they've been featured on MarketWatch, Forbes, Fox Business, Experian, MSN, Ladders, and USA Today The original post is located here: https://arrestyourdebt.com/you-need-a-debt-management-plan/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Courtney Luke tells you why you need a debt management plan Episode 2447: Are You in Debt? 6 Reasons You Need A Debt Management Plan by Courtney Luke of Arrest Your Debt Arrest Your Debt is a wide-ranging personal finance website, yet focuses on helping first responders and people struggling with debt. The owners, Courtney and Ryan Luke have made it their mission to help people get out of debt and start building wealth on any income.  There are three main areas of focus for Arrest Your Debt:  1. To provide trustworthy personal finance information to first responders.  2. To help first responders take control of their money and get out of debt.  And 3. To provide valuable resources and references to first responders to help them grow their nest eggs and enjoy the retirement they deserve.  Since 2009 when they started their journey toward financial literacy, they've been featured on MarketWatch, Forbes, Fox Business, Experian, MSN, Ladders, and USA Today The original post is located here: https://arrestyourdebt.com/you-need-a-debt-management-plan/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Courtney Luke tells you why you need a debt management plan Episode 2447: Are You in Debt? 6 Reasons You Need A Debt Management Plan by Courtney Luke of Arrest Your Debt Arrest Your Debt is a wide-ranging personal finance website, yet focuses on helping first responders and people struggling with debt. The owners, Courtney and Ryan Luke have made it their mission to help people get out of debt and start building wealth on any income.  There are three main areas of focus for Arrest Your Debt:  1. To provide trustworthy personal finance information to first responders.  2. To help first responders take control of their money and get out of debt.  And 3. To provide valuable resources and references to first responders to help them grow their nest eggs and enjoy the retirement they deserve.  Since 2009 when they started their journey toward financial literacy, they've been featured on MarketWatch, Forbes, Fox Business, Experian, MSN, Ladders, and USA Today The original post is located here: https://arrestyourdebt.com/you-need-a-debt-management-plan/  Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

The goal of this episode is to provide an overview of what a Debt Management Plan is, who qualifies for one, and how to break down the stigma that often surrounds debt. Utilizing interviews with four subject matter experts, we will weave together a narrative that answers the following questions: What is a Debt Management Plan? How is a DMP different from other types of debt repayment programs? What are the best kinds of debt for a DMP? Why is debt so hard for Americans to talk about? How can individuals and families take control of their debt using an DMP? This episode will be the last episode of Season 2 of Long Story $hort. Episodes 1-12 focused on the real MMI clients who used a Debt Management Plan to pay off their debt in full and improve their credit scores.

With Jessie Garrison from GreenPath Financial Wellness   One of the most challenging situations a person can experience is financial hardship. Few things keep us up at night more than the fear of not being able to pay our bills. A sudden change in financial circumstances could jeopardize our ability to pay our mortgage, buy groceries, or even put gas in the car. A financial crisis may result from a variety of reasons such as unexpected medical bills, the sudden loss of a job, a death in the family, or a divorce. Any one of these events might abruptly lead to financial insecurity. Even the cost of rising inflation or high credit card balances could put us in financial jeopardy. But as the mountain of bills continues to accumulate, we may feel as though we are sinking underwater without a life raft. Fortunately, there are ways to overcome a sudden financial crisis. A good first step toward resolving this situation is seeking the aid of trained experts who specialize in working with individuals struggling with financial issues. They advise their clients of all the different options available to them so they can satisfy their creditors and ultimately regain their financial independence. With their help and guidance, clients have been able to consolidate their balances, pay off creditors, and turn their finances around. My guest is a perfect example of someone who did exactly that.   As a 21-year-old college student, Jessie Garrison was literally drowning in credit card debt and planning to declare personal bankruptcy. But at the last minute, she was encouraged to contact a credit counseling agency, GreenPath Financial Wellness. That phone call not only saved her financial future, it ultimately led her to a wonderful career path that would not have been possible had she not gone through the experience she did.   What You'll Hear on This Episode: How did Jessie get herself in a financial bind at such a young age? How did Jessie turn things around and start working for GreenPath? What are the typical consequences of someone falling into serious debt? How can these financial hardships affect someone mentally and emotionally? What are counseling sessions like at GreenPath? What is a certified financial expert? Where is Jessie now in her financial wellness journey? What type of work does GreenPath do? What would she say to someone who is feeling overwhelmed? Jessie reminds us that you don't have to go through financial troubles alone. How can GreenPath help someone get back on the right path to financial freedom? What advice would Jessie have now for her 20-year-old self? Are there any long-term negative consequences associated with being on a Debt Management Plan? Jessie was able to improve her credit score to be in the top-tier category, and she now pays off her balance immediately rather than letting it rack up.   Today's Takeaway:   The threat of a financial crisis can feel overwhelming. When you are faced with losing your home or rental property, you worry about where you will go next and how you can afford to live. If you can't pay your bills, how will you support your family and put food on the table? But as we've heard today, even the most dire financial situations can be overcome. Jessie's story is proof that just because a person is deep in debt today, it doesn't mean that it will always be that way. There are solutions available and trained professionals who can help you. Following their advice, payment plans can be agreed upon with creditors and financial stability can be restored. You will learn that you are not alone and there is a solution. A trained professional can help you navigate the obstacles to financial freedom and understanding all of your options can help alleviate some of the fear and anxiety and show you a path forward. There's light at the end of the tunnel. It will take time and discipline and sacrifices may have to be made but the end result is worth it. Remember that every day is a gift and the gift of achieving financial stability is a gift that is truly priceless for you and your family. I'm Florine Mark and that's “Today's Takeaway”.   Quotes: “I ended up using credit cards to support my living expenses.”— Jessie [4:00] “Maxed-out or late payments can make it more difficult to secure new loans or credit cards in the future. Or, it could be more difficult to get a mortgage or more expensive if you do get new loans.” — Jessie [7:03] “Financial hardship weighs heavily on people. It can impact their self-worth. It can lead to anxiety, depression, or negative impact on relationships.” — Jessie [8:03] “Our financial situation is so closely tied to our safety and our feeling of security. As a result, financial hardship has a significant mental and emotional toll.” — Jessie [8:33] “You really do not have to be alone navigating a difficult financial situation.” — Jessie [9:03] “Today, I feel like I'm in a much better place financially. I truly believe because of that one conversation with GreenPath. It changed my life.” — Jessie [13:48] “Every type of conversation is geared to help our clients understand and work towards financial wellness.” — Jessie [16:05]   Brought to You By: Gardner White Furniture   Mentioned in This Episode: GreenPath Financial Wellness

 What is the difference between debt reduction plan and debt management plan both are the same in most cases. Debt management plan for most is a  professional counseling person working to help reduce debt. It not always the best way to go as fees are paid. Instead I think a debt management plan is for those whose do not have a debt problem but looking forward before taking out loans to be sure the payment can be made. Debt reduction plan is the process to take to reduce debt the best way.  Article Link https://www.consumerfinance.gov/about-us/blog/how-reduce-your-debt/ By Courtney-Rose Dantus https://www.debt.org/management-plans/ Please support the show by subscribing, can cancel at any time. Thanks for the support. Subscription page: https://www.buzzsprout.com/961804/support Contact: ReduceDebtIncreaseWealth@Gmail.com Wanting Budget Spreadsheet Place Spreadsheet as Subject Https://happygiraffee.org/donate All other inquires place topic into Subject.

Hi friends! It's our anniversary! 3 Years today launched this podcast! And this is the 99th episode- so THANK YOU! for being part of this journey. I hope this information has helped you have a better understanding of credit. Would you please provide a great review if I have helped teach you something new, maybe share what you like (so I do more of it each episode!). Appreciate ya! Debt management plans and debt settlement companies are two VERY different things. Their business model is different, their impact on your credit is different and most people don't know they are two very different entities. Debt management plans are non-profits with certified credit counselors (which require 60 hours of training and passing an intense exam through FINRA and they help negotiate terms to HELP you get your debts paid back by negotiating lower APRs and beneficial terms to make on time and total repayment. Debt settlement companies are out to make money, serving themselves first, and then, after having your credit destroyed with late payments, your accounts being closed by the creditor, late fees added and possibly new collections or charge-offs now being created, they wait until your creditor and you have been hurt by lack of repayment methods and TRY to negotiate terms to settle for less than owed. VERY different ways to approaching debt that might be strangling you. Consider a debt management plan over a debt settlement plan. I had mentioned credit.org in the episode, and I have NO affiliation with them, they are just one of the bigger good guys there to help if you need help paying off debt and want to consider options. Questions@creditkristi.com

Debt management is a must for everyone, to keep credit cards under control. Debt reduction is a must in this time of inflation to stay on track with goals. Before getting started on debt going to talk more about control center and how to use with debt management. Article Linkshttps://www.incharge.org/debt-relief/debt-management/debt-management-program-template-debt-relief/ By Tom Jackson Comments, Questions, Requests, contact by email belowReducedebtincreasewealth    at    gmail   .    com Queens On A RollThis podcast was created to educate & inspire people about the ably different...Listen on: Apple Podcasts SpotifyHow to contact Misterchuck , for questions, comments, requests use this email address. Reducedebtincreasewealth@gmai.com

What is a debt management plan, is it the same as a debt reduction plan what is the difference between these plans.  Should a debt management plan be something in place before borrowing money. Article Links:https://www.bankrate.com/personal-finance/debt/what-is-debt-management/ By Raychelle Heathhttps://www.moneymanagement.org/debt-management/what-is-a-debt-management-planHow to contact Misterchuck , for questions, comments, requests use this email address. Reducedebtincreasewealth@gmai.com

Did you know that Improving your credit score by just a few points could save you hundreds of dollars a year? It's true. Your credit score tells lenders three things:whetherto lend to you; howmuchto lend to you; and at whatinterest rate. Neile Simon joins Rob West today with tips to improve your credit score. Neile Simon is a Certified Credit Counselor withChristian Credit Counselors. CREDIT SCORE DETERMINING FACTORS The following factors will determine your credit score: ●Payment History: 35%.Paying your bills is hands-down the most important factor. ●Credit Utilization: 30%.Try to keep your credit balances below 30% of your total available credit. ●Length of Credit History: 15%.The longer your track record, the better. ●New Credit: 10%.When you apply for new credit, inquiries remain on your credit report for two years. FICO Scores only consider inquiries from the last 12 months. (source: myfico.com) ●Types of Credit:10%. Paying on-time on a variety of different types of loans can help, brut is by no means the most important factor. THE IMPORTANCE OF A STRONG CREDIT SCORE Your credit score can affect numerous things, such as: ●Your credit score could affect your ability to rent a home or apartment ●Prospective employers may check your credit score to determine how responsible you are. ●Those with poor credit may have to pay large deposits to hook up utilities are open a non-prepaid cell phone account. ●Your credit can also impact your ability to start a business or take advantage of other opportunities. HOW TO IMPROVE YOUR CREDIT SCORE If your credit isn't great, here are a few tips to improve it: ●Pay your bills on time! Again, this is the biggest factor determining your credit score. ●Become an authorized user on someone else's credit account. Just be aware that if they are late on their payments, it could adversely affect you too. ●Open a secured credit card account. This type of account allows you to make a cash deposit to secure your line of credit. This can be a great option for a young person with no credit history. ●Credit cards that offer higher interest but not as strict with credit history. Examples: Credit One, First Premier. ●Get your credit reports from Experian, TransUnion and Equifax to ensure there is no incorrect information. You can access your reports atAnnualCreditReport.com. ●If you find any errors on your report, dispute them! ●If you have debts in collections, work with your creditor to make the account current or at least agree to structure payment arrangements. ●Get credit for making rent and utility payments on time. Several companies offer the service of reporting your payments to the credit bureaus. HOW CREDIT COUNSELING CAN HELP Sometimes, you need help to get on top of your debt. That's critical for improving your credit.Christian Credit Counselorscan be a great option. Christian Credit Counselors does not arrange debtconsolidation. Instead, they help you set up a debtmanagementprogram to pay off your debts in full up to 80% faster, at a lower interest rate and with very manageable payments. Working with a credit counseling agency does not negatively affect your credit score. A combination of the high balances and how many accounts you close is what will determine your credit score at the start of the Debt Management Program. As you pay down your balances and pay off your accounts through the program, your score will continue to improve. Your credit report will show a history of consistent on time payments and it will show that your balances are decreasing and accounts are being paid off. When you complete your Debt Management Plan not only will you be debt free but you'll also see an improvement in your credit score and overall financial situation. LISTENER QUESTIONS On today's program, Rob also answers listener questions: ●What is the best way to invest money for the short term for a family with three young kids? ●When does it make sense to take money out of savings and invest it? RESOURCES MENTIONED ●Find a Certified Kingdom Advisor ●Sound Mind Investing Remember, you can call in to ask your questions most days at (800) 525-7000 or email them toQuestions@MoneyWise.org. Also, visit our website atMoneyWise.orgwhere you can connect with a MoneyWise Coach, join the MoneyWise Community, and even download the free MoneyWise app. Like and Follow us on Facebook atMoneyWise Mediafor videos and the very latest discussion!Remember that it's your prayerful and financial support that keeps MoneyWise on the air. Help us continue this outreach by clicking theDonate tab on our websiteor in our app. To support this ministry financially, visit: https://www.oneplace.com/donate/1085/29

Jackie Beck explains what a debt management plan is and how it works Episode 1660: What Is a Debt Management Plan and How Does It Work by Jackie Beck on Help For Your Financial Life Jackie and her husband paid off over $147,000 in debt, including their house! She's walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah Magazine, MarketWatch, Forbes, CNBC, and more. The original post is located here: https://www.jackiebeck.com/what-is-a-debt-management-plan/  Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts    Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Jackie Beck explains what a debt management plan is and how it works Episode 1660: What Is a Debt Management Plan and How Does It Work by Jackie Beck on Help For Your Financial Life Jackie and her husband paid off over $147,000 in debt, including their house! She's walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah Magazine, MarketWatch, Forbes, CNBC, and more. The original post is located here: https://www.jackiebeck.com/what-is-a-debt-management-plan/  Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts    Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Jackie Beck explains what a debt management plan is and how it works Episode 1660: What Is a Debt Management Plan and How Does It Work by Jackie Beck on Help For Your Financial Life Jackie and her husband paid off over $147,000 in debt, including their house! She's walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah Magazine, MarketWatch, Forbes, CNBC, and more. The original post is located here: https://www.jackiebeck.com/what-is-a-debt-management-plan/  Please Rate & Review the Show!  Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group  Join the Ol' Family to get your Free Gifts    Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

Jackie Beck explains what a debt management plan is and how it works Episode 1660: What Is a Debt Management Plan and How Does It Work by Jackie Beck on Help For Your Financial Life Jackie and her husband paid off over $147,000 in debt, including their house! She's walked the walk to become completely debt free, and she wants to help you do the same with her award-winning Pay Off Debt by Jackie Beck app. Jackie and her app have been featured in Oprah Magazine, MarketWatch, Forbes, CNBC, and more. The original post is located here: https://www.jackiebeck.com/what-is-a-debt-management-plan/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily

Good Credit helps improve one's general way of living. Bad Credit provide a false sens of financial security. There's good debt and there's bad debt, you have to manage debt wisely. Website | Instagram | Facebook | Twitter Hosted by Jacquie Johnson Executive Producer: Martin Houston Producer/Editor: Bradley Watson

Natasha was newly divorced with a young child and needed to return to the workforce. She struggled to pay her debts. After getting back on her feet, she started working for a credit union that allowed her career to grow. Equally important, her credit union provided invaluable tools that enabled her to reach her financial goals. Eventually, she started working with GreenPath and became debt free. Part of her role is to refer members to GreenPath – something she is even more inspired to do as she draws from her own deeply personal experience. Click Here to Visit the Podcast Homepage As Natasha shares in this podcast, knowledge is power when it comes to figuring out finances. Check out GreenPath's new Learning Lab, featuring online courses and tools. It's free and easy to use:  https://www.greenpath.com/learninglab Music by Hir-o Key Moments Key Moments 5:05 Natasha describes the difficult transition following her divorce. 6:14 She discusses how she navigated legal issues stemming from her debt. 8:41 Natasha's new role at Frankenmuth CU provides money lessons she can apply to her own life. 10:43 She shares how she was able to grow her savings account. 14:42 Natasha takes steps to influence the financial health of her 4 and 11 year olds. 16:51 She details her experience on a Debt Management Plan with GreenPath for her collection accounts. 18:57 Natasha shifts her mindset from needing “things” to focusing on experiences. 25:20 She explains how she uses her personal experience with GreenPath to pay it forward as she supports her credit union members. 28:57 Natasha shares her upcoming financial goals now that she's debt free. 30:43 She talks about her long term plans to save for her kids' college, retirement and her wedding! 31:41 Natasha explains her motivation for sharing her story: breaking the wall that money is embarrassing. 33:28 She describes her mindset back when she was working 70 hours a week. 38:40 Natasha gives advice for individuals who are dealing with financial stress. 43:10 Our cohosts share practical money tips inspired by Natasha's story. We Want to Hear from You! We would like to hear what our listeners think about the podcast. Take this quick survey and let us know.

A debit management plan can help pay off debt sooner. Set a goal and as long as you stay on track your debt will decline! Website | Instagram | Facebook | Twitter Hosted by Jacquie Johnson Executive Producer: Martin Houston Producer/Editor: Bradley Watson

It's easy to look at Lauren's finances today and take her success for granted. She communicates openly with her husband and they work in tandem towards their shared goals. She partners with GreenPath to manage her household bills. She practices numerous healthy financial habits, like using an envelope system and savings buckets. But it wasn't always like this. Lauren's journey to her current success is a great example of the power of persistence. For over a decade, she desired support from a financial counseling agency but had not found one that met her needs. Talking about money with her spouse was a source of stress. She often struggled to pay for heating oil. Fasten your seatbelt for the winding (and sometimes bumpy) route that Lauren took to achieve financial wellness. Click Here to Visit the Podcast Homepage Check out GreenPath's new Learning Lab, featuring online courses and tools. It's free and easy to use:  https://www.greenpath.com/learninglab Music by Hir-o Key Moments 2:49 Lauren describes the frustrations and obstacles she and her husband faced with their money. 7:51 She discovers GreenPath and starts to develop a self-adminstered plan with mixed results. 9:14 They decide to start the Debt Management Plan and start making progress. 14:48 Lauren finds love in a very unexpected place… her debt collector! 16:35 She talks about how they run their finances like a town. 23:01 Lauren shares how her financial plan is having a positive impact on her mental and physical health. 25:40 She talks about how she literally picked up pennies to pay for a vacation. 32:28 Lauren describes how they're using savings accounts to work towards their financial goals. 37:48 She discusses how she's learned to communicate with her partner about money. 42:11 Lauren shares that she no longer wakes up in the middle of the night stressing over money. 43:47 She gives advice to others experiencing financial stress. 53:28 Our host recaps the practical money tips that are lifted up in Lauren's story. We Want to Hear from You! We would like to hear what our listeners think about the podcast. Take this quick survey and let us know. Take the Survey    

Debt can be a sensitive topic that people try and stay away from. The cause of debt is often deeply rooted in ourselves and looking inward can be extremely uncomfortable. However, there are resources out there that aim to help you pay off debt and keep you out of debt. Brie discusses some of the different debt management plans that are out there and the potential benefits you may be able to reap from a program like this. Contact: 817-444-8402 Website: https://bit.ly/2HLgkEx Schedule A Call Online: https://bit.ly/31VabN3

In this episode, Alex talks about the importance of having a concrete plan in repaying your debt. Support the show: https://www.christianwealth.com See omnystudio.com/listener for privacy information.

After getting into debt, Tanisha had feelings of shame and isolation. She turned to options that ended up increasing her stress, like payday loans. But she found her way to GreenPath and discovered that she wasn’t alone. Inspired to build a better foundation for her son, she soon became debt-free. Now, she’s an open book when it comes to discussing her money journey. And she’s taught her son well. In fact, the student has become the teacher as her son has started sharing money lessons with her. Click Here to Visit the Podcast Homepage Music by Hir-o Key Moments 2:09 Tanisha shares the money lessons learned from her parents. 4:34 Hear how she is intentional with her son when it comes to discussing finances. 8:01 Tanisha discusses how she first got into debt and how the birth of her son influenced her wanting to address this debt. 10:40 She finds GreenPath and feels supported by her financial counselor. 12:01 Tanisha discusses her feelings of anxiety and shame around her finances. 13:49 She shares why she is now an open book when it comes to discussing money and how she encourages others to do the same. 16:11 Tanisha discusses her experience with payday loans. 21:14 She talks about what it was like to be on a Debt Management Plan and how it affected her spending habits. 26:03 Tanisha thinks back to her feelings of liberation once she became debt-free. 28:00 She compares the difference between “buying” a house and “affording” a house. 29:24 Tanisha talks about her future goals, like retiring comfortably and affording college tuition for her son. 32:24 She gives advice to tackle debt head-on. 35:28 Tanisha’s son Noah joins us to discuss what he’s learned from her and what excites him about the stock market. 43:40 Our co-hosts reflect on the money lessons from Tanisha’s story. We Want to Hear From You! We would like to hear what our listeners think about the podcast. Take this quick survey and let us know. Take the Survey

In this episode Sarah Tucker tackles the issue of "bad credit" and gives you advice on how you can get a mortgage, even if you have had arrears, defaults, CCJ's, IVA's or people places on a Debt Management Plan or suffered bankruptcy in the last 6 years. Sarah wants to get rid of the SHAME around this, and help you look forward, educated and empowered to make changes! Let us help you get out of the hole that you feel you can't get out of........ Questions we cover in this episode: What is Bad Credit? Will Anyone Lend to Me With Bad Credit? What is a credit report? How do I know if I have bad credit? (Credit Reference Agencies) How Can I Improve My Credit Score? Can I get a Mortgage with Bad Credit? Can you get a Mortgage with a 500 Credit Score? Can I get a mortgage with a CCJ? Can I get mortgage with a default? Can I get a mortgage with a IVA? Is the Process Any Different for First Time Buyers? Is the Process Any Different If I Remortgage? How can a Mortgage Broker help? What is Experian Boost? What is Check My File? What is a soft footprint and a hard footprint? As always, Sarah aims to break this information down in a way that you will understand. If you'd like to get an exclusive Mortgage Mum FREE 30 day trial with Check My File please use this link: https://www.checkmyfile.com/?ref=sarahtucker2&cbap=1 If you would like to apply for the EXPERIAN BOOST scheme Sarah discussed please follow this link: https://www.experian.co.uk/consumer/experian-boost.html This can help you INSTANTLY boost your credit score! If you have any questions for Sarah following this podcast please email sarah@themortgagemum.co.uk or contact Sarah on social media. Alternatively, please head over to www.themortgagemum.co.uk or contact us on social media. We would love to help you! The Mortgage Mum is a team of 20 female brokers based all across the UK. They are passionate, driven, enthusiastic women who thrive from helping customers achieve their property dreams. They educate, empower and they give an excellent service from start to finish. Follow The Mortgage Mum on all social media platforms: Facebook - https://www.facebook.com/themortgagemum1 Instagram - https://www.instagram.com/the_mortgage_mum/ LinkedIn - https://www.linkedin.com/in/sarah-tucker-the-mortgage-mum-%E2%9C%A8-669898185/ YouTube - https://www.youtube.com/channel/UCG899KReJ9NHLZfyK3CXrUw Thank you for listening. Our beautiful intro and outro piano music was created and recorded by the incredible Zoe Alexandria - www.zoealexandria.co.uk. Please check her out on social media. She is so talented. If you would like to appear as a guest on The Mortgage Mum podcast please email sarah@themortgagemum.co.uk

Meet Andre. He has spent a decade bringing financial education into his community on Long Island, NY. Andre and his organization are longtime partners of GreenPath and we often work together to serve those who are pursuing their financial goals. Andre often infuses his personal stories when he teaches financial concepts, so we decided to learn more about the road he traveled (quite literally) that shaped him into the person he is. Andre’s Story After making good money as a construction foreman, Andre made the leap to study abroad in an exclusive program that studies indigenous communities in Costa Rica and surrounding countries. Falling in love with his second home, he spent a number of years splitting time between the U.S. and Central America. His financial discipline was key to making his dream of spending half the year abroad a reality. After the birth of his son, Andre’s career goals evolved and he landed a job as a financial educator—with zero financial experience. He leverages his life and teaching experience to empower others. He also applies his money lessons to his own life. This has allowed him to adjust to an unexpected turn of events with his son’s schooling. While he has sights set on eventually starting an agro business, Andre has already invested a ton of time and energy into another project—he started a nonprofit with his mother that supports local communities in Ethiopia. Join us to learn about Andre’s unique financial and life journey and how he is paying it forward. Click Here to Visit the Podcast Homepage Music by Hir-o. 2:25 Andre talks about his relationship with money as a teenager. 3:55 He discusses his motivation for pursuing a global education and how this affected his relationship with money. 8:35 Andre talks about how he juggled life and work abroad and in the U.S. 10:50 Andre shares his experiences living among indigenous communities. 13:10 Andre shares his new perspectives of home after his travels and how the birth of his son motivated him to change his career goals. 17:50 He talks about his favorite parts of providing financial education in his community. 19:30 Andre helped a family purchase their first home and eventually connected him with GreenPath to tackle a debt problem. 23:10 Andre describes how his clients significantly reduced his credit card payments after enrolling on a Debt Management Plan with GreenPath and how this ultimately helped them save their home. 25:53 Andre talks about his success tracking his expenses. 27:55 He discusses his simple approach to avoiding financial emergencies. 28:47 Andre shares his favorite cost-cutting tip. 29:53 He discusses a significant challenge his family recently faced. 33:20 Andre discusses his long term goal of becoming an entrepreneur. 34:44 He talks about how starting a nonprofit with his mother to support communities in Ethiopia and Burundi. 40:39 Andre discusses how his son provided helpful advice when he was faced with a financial decision. 43:50 He shares how he turned his car purchase into an opportunity for a money lesson for his son. 46:44 Our co-hosts share lessons learned and possible action steps for our listeners. Let Us Know What You Think. We’re glad you can listen to these real stories people face on their financial wellness journey. We would like to hear what our listeners think about the podcast. Take this quick survey and let us know. Take the Survey

Meet Michele: Michele faced hardships from many different angles.  Her mortgage payment became unaffordable after her initial payment skyrocketed.  Her husband lost his job.  She subsequently got a divorce, lost the home and filed bankruptcy.  She continued to struggle to keep up with her household expenses after a consolidation loan only provided a temporary fix.  She finally opened up to a friend about how it felt to be unable to afford Christmas gifts for her children. Her friend recommended GreenPath, but Michele was skeptical.  But Michele finally reached her breaking point when she was unable to cover the cost of her daughter’s sport and an emergency car repair.  With nothing to lose, she reached out to GreenPath and was amazed that within 10 minutes, she was filled with optimism with the knowledge that she wasn’t alone.  By the end of the day, she was enrolled on a Debt Management Plan, and 11 months in, her outlook is much brighter. Michele is even paying it forward by sharing her story with friends in the hopes that they will reach out to GreenPath for support as well. After listening to the first episode of the GreenPath Real Stories podcast series, Michele was inspired to share her own story. Hear her message of hope and her reminder that we are not alone. Click Here to Visit the Podcast Homepage Music by Hir-o Key Moments: 0:36 Michele provides an update on how she is coping with income loss and a totaled car in the midst of the pandemic. 12:54 Michele discusses how her mortgage became unaffordable and how she ultimately lost her home. 23:54 Michele shares about how it felt to file bankruptcy after her divorce. 29:46 Michele takes out a consolidation loan, but quickly realizes it’s not a long term solution. 32:22 Michele confides to a friend how it felt to not be able to afford Christmas gifts for her children. 36:14 A call from her daughter’s coach causes Michele to reach her breaking point. 37:52 Michele describes her initial call to GreenPath as “hitting the lottery.” 47:50 She’s now encouraging others to reach out to GreenPath for support. 56:59 Michele explains how her entire mindset around finances has changed. 1:03:34 Our co-hosts reflect on Michele’s story and what all of us can learn from it.

Matt and Kendal each had a unique story that included financial hardships and bankruptcy.  They met, fell in love and decided to “merge corporations.”  Faced with the prospect of another bankruptcy, they decide to take a different route: a Debt Management Plan.  But this route proved to be a bumpy road and they had to figure out how to stretch their budget enough to pay their debt and their household bills, and still put food on the table.  The solution?  Designing new habits to automate their bill repayment-- and a good dose of grit, humor and support for each other.  Newly debt-free, they can now plan a life that includes making home improvements to accommodate their special needs son.  Join us for a modern-day Valentine’s tale… Music by Hir-o Click Here to Visit the Podcast Homepage   Links mentioned during the podcast: For more info about GreenPath’s Simple Payment Plan (SPP), please visit https://www.greenpath.com/counseling/simple-payment-plan/ To take our free e-course on Redesigning Your Financial Habits, please visit https://www.greenpath.com/redesign-financial-habits/   Key Moments 1:00 Matt & Kendal “merge corporations.” 2:05 A conversation at a gas station becomes a turning point. 5:40 Kendal shares how her family’s medical debt snowballed. 7:09 Matt and Kendal share how they stretched their budget to put enough food on the table. 11:19 They figure out how to automate their finances. 16:11 Opening the mail becomes an adventure. 17:59 Matt & Kendal discover that they’re not alone. 18:52 Matt receives some really good news with Kendal. 21:10 They’re finally able to explore home improvements to accommodate their special needs son. 24:30 Kendal has anxiety over giving up control of their debt repayment. 26:24 Matt & Kendal have a friendly competition where they’re both winners.

Meet Tammy. Tammy's husband is handling the family’s finances and becomes concerned that their debt is spiraling out of control. He approaches her with a plan to work with GreenPath Financial Wellness to become debt-free. What starts out as a challenge becomes a turning point in their marriage and growing family. Tammy finds out that one of her superpowers is managing their budget and together, they pay down their debt. In her own words, Tammy shares what it was like before, during and after their Debt Management Plan. Click Here to Visit the Podcast Homepage Music by Hir-o Key Moments 1:40 What prompts Tammy and her husband to reach out for financial counseling? 3:40 How does addressing their financial concerns become a turning point in their marriage? 7:25 What is their experience like starting a Debt Management Plan? 10:35 What is it like to connect with other people going through a similar experience? 11:25 How is it possible to move across the country while continuing to pay down their debt? 13:11 Why is GreenPath happy to “cancel” their program? 16:23 How do they maintain their momentum after becoming debt-free? 17:18 Would they have done anything differently with their finances when they were younger? 18:18 What advice do they have for people in similar circumstances? 21:21 Our hosts reflect on the lessons learned from Tammy’s story.

In episode 2 of our podcast, Tammy shares what it was like before, during and after her family's Debt Management Plan. Listen to her story here.

In this episode, we will discuss a Debt Management Plan for 2020. Do you have a Plan? Need help with a Plan? This episode I discuss some steps that may help get you started in the right direction. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/Commonsenseconvo/message

Meet Katie. Retail credit cards became her best friend shortly after college. Home alone with her 4-month-old in a place where she didn't know anyone, she turned to shoes and designer handbags. Being a military family resulted in multiple moves and income instability. Eventually, her grandma came to the rescue and helped get her debt under control. But that was only short-lived. She eventually found herself divorced with two small kids, without a job and in $26,000 of credit card debt. Katie turned to a nonprofit credit counselor to get back on track. She had found someone who supported her and did not judge her—even when her payments became unaffordable. After many ups and downs, she eventually completed her debt plan five years later. And when she was looking for a job, she found an organization that helped others in the same way she had been helped. Now, she's able to take her passion and skills to pay it forward. Key Moments 1:40 Katie gets a new “best friend”… retail credit cards. 6:45 Katie discusses how loneliness and depression led to a shopping addiction. 9:00 How spreadsheets helped feed her shopping addiction 10:21 Why her joint debt with her then-husband ended up in her name 13:00 The Bank of Grandma comes to the rescue! 15:29 Katie buys a house… but is she ready to do so? 20:14 Katie is saddled with $26,000 in debt while jobless and divorced with two kids. 22:26 Katie can finally get a good night's sleep after receiving a helping hand 26:00 Five years after enrolling in a Debt Management Plan, she makes her final payment! 27:40 Katie lands a job where she can help people who are in the same boat as she was. 29:40 Alex, Brad and Chris (our co-hosts) reflect on Katie's story and how her emotions played into her money situation Subscribe to Newsletter hbspt.forms.create({ portalId: "4952702", formId: "eb155380-d814-4732-bc02-47baea924539" }); Stream Anywhere Apple Podcasts Android Google Podcasts Stitcher TuneIn Spotify RSS Visit Real Stories Podcast page for more stories Check out GreenPath's new Learning Lab, featuring online courses and tools. It's free and easy to use. Are you a GreenPath client? Consider sharing your story with us! Take this quick survey and let us know your thoughts. Visit Real Stories podcast for more Take this quick survey and let us know your thoughts. Music by Hir-O Never Miss an Episode. Join Our Newsletter. hbspt.forms.create({ portalId: "4952702", formId: "eb155380-d814-4732-bc02-47baea924539" }); Close Subscribe Now

Meet Katie.  Retail credit cards became her best friend shortly after college.  Home alone with her 4-month-old in a place where she didn’t know anyone, she turned to shoes and designer handbags.  Being a military family resulted in multiple moves and income instability.  Eventually, her grandma came to the rescue and helped get her debt under control.  But that was only short-lived.  She eventually found herself divorced with two small kids, without a job and in $26,000 of credit card debt. Katie turned to a nonprofit credit counselor to get back on track.  She had found someone who supported her and did not judge her—even when her payments became unaffordable.  After many ups and downs, she eventually completed her debt plan five years later.  And when she was looking for a job, she found an organization that helped others in the same way she had been helped.  Now, she’s able to take her passion and skills to pay it forward. Learn more at www.greenpath.com/realstories Music by Hir-o Key Moments: 1:40 Katie gets a new “best friend”… retail credit cards. 6:45 Katie discusses how loneliness and depression led to a shopping addiction. 9:00 How spreadsheets helped feed her shopping addiction 10:21 Why her joint debt with her then-husband ended up in her name 13:00 The Bank of Grandma comes to the rescue! 15:29 Katie buys a house… but is she ready to do so? 20:14 Katie is saddled with $26,000 in debt while jobless and divorced with two kids. 22:26 Katie can finally get a good night’s sleep after receiving a helping hand 26:00 Five years after enrolling in a Debt Management Plan, she makes her final payment! 27:40 Katie lands a job where she can help people who are in the same boat as she was. 29:40 Alex, Brad and Chris (our co-hosts) reflect on Katie’s story and how her emotions played into her money situation

Sarae is joined by Melissa Duncan, Lead Personal Finance Coach at mpowered, to discuss how Debt Management Plans (DMPs) work.  We'll cover who a Debt Management Plan is a good fit for, how it impacts credit, and how legitimate DMPs differ from services offered by debt consolidation and debt management companies.  You'll also hear real life examples from clients who paid off debt through DMPs.

Let us reexamine the seven major reasons that people struggle financially to point out ways in which you can make rapid and significant improvements in your life by year-end. For more information and coaching on THE BARON SOLUTION Strategies for Wealth and Business Success, visit http://www.baronseries.com

Millions of Americans are struggling to pay their credit card debts which often carry interest rates as high as 25-30%. While debt management plans offered through credit counselors are not for everyone, they can certainly be a life-saving option for many individuals struggling with huge debts or on the brink of bankruptcy. Here are 5 BARON tips for finding and evaluating credit counseling services offering debt management plans that can dramatically lower your interest rates and monthly payments, saving you thousands of dollars. For more information and coaching on THE BARON SOLUTION Strategies for Wealth and Business Success, visit http://www.baronseries.com