Continuing on with our theme of tackling debt this month, tune in to this podcast by two of our favourite personal financial educators – Jim Yih of retirehappy.ca, and Rob Carrick of the Globe and Mail. Jim has written a great article about how debt has become big business for the lenders, and why debt reduction needs to be a priority.
Next time you go to the bank, think about what is really in YOUR best interest, not what just sounds easy and helps the bank make more money. Jim sums it up effectively, “Less debt is better than more but the best debt of all is no debt!”
