This Debt Hack Can Save You Time and Money

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.6 • 1.7K Ratings

🗓️ 29 October 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Originally aired 9.27.21 You may have heard that debt consolidation is one option to help get that debt monkey off your back. Today’s episode is all about unpacking the nitty gritty of debt consolidation, and how to decide whether it’s the right move for you.

Transcript

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0:00.0	Hey, guys, are you ready for some money rehab?
0:05.0	Wall Street has been completely upended by an unlikely player. Game stop.
0:09.0	That's a good thing.
0:10.0	And should I have a 401k because I don't do it?
0:12.0	No, I know.
0:15.0	I don't think the whole world will revolve around you on your money.
0:19.0	Charge for wasting our time.
0:23.0	I will take a shot.
0:25.0	We're going to boom, boom, boom.
0:27.0	You recognize her for anchoring on CNN, CNBC, and Bloomberg.
0:31.0	The only financial expert you don't need a dictionary to understand.
0:36.0	The cold lap in.
0:37.0	I know firsthand how overwhelming debt can be.
0:40.0	I've been in debt myself, and I know how hard it is to see the light at the end of the tunnel
0:45.0	or even know if there is a light at the end of the tunnel.
0:48.0	Today, we're going to be talking about one particular strategy for getting your debt monkey off your back.
0:54.0	This topic comes to us from listener, Mari.
0:57.0	Hey, Nicole.
0:58.0	My name's Mari, and I'm a sales rep in Florida.
1:00.0	I have debt from a few different things, and I'm having a hard time figuring out how to pay it off.
1:05.0	I keep getting targeted ads for debt consolidation loans.
1:08.0	But I'm not really sure what that means or what the advantage is.
	...

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