How to pay off debt faster

Oct 27, 2020 · 24m 33s
How to pay off debt faster
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Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to pay off debt faster, and pay less overall. Hosted by Frances Cook....

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Each week the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's how to pay off debt faster, and pay less overall. Hosted by Frances Cook.

There's quite enough to be feeling nervous about these days, with the Covid-19 situation changing every five minutes, and regularly throwing curveballs to the economy.

So if you've got some debt you were meaning to deal with, it's probably making you feel a bit vulnerable.

The problem with debt is it's one more thing that makes everything else worse. If you lose your job it's another bill to keep paying off, or if you are trying to save some money for emergencies, it's another thing soaking up your spare cash.

But don't despair. There are ways to pay off debt faster, so that you pay less overall, and get that monkey off your back.

For the latest podcast I talked to Kate Reddington from Sorted.

We talked about how covid-19 has changed the debt stress, the techniques to pay it off faster, and what to do if a debt collector is involved.

If you have a question about this podcast, or question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCook
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Author NZME
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