The BEST Strategies to AVOID Spiraling Debt | How Much are Canadians in Debt?
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The BEST Strategies to AVOID Spiraling Debt | How Much are Canadians in Debt?
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On today’s episode, Darren and Christina are breaking down the debt dilemma facing many Canadian households. The two break down the numbers in Canada, some of the risks and consequences that can come from significant debt, as well as about what people can do to stop spiraling debt. Tune in now!
Show notes:
00:00 - Introduction
1:50 - Taking a closer look at household debt to income ratio
8:00 - The risks and consequences of household debt
10:35 - What can people do to protect themselves from spiraling debt
15:15 - Building an opportunity/emergency fund
17:55 - The biggest takeaway from this episode
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