161 - Signs You Might Be In Financial Hardship—and What To Do Next DebtMatters podcast

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161 - Signs You Might Be in Financial Hardship—and What to Do Next

8d ago 20:29

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Wayne Kay sits down with Derek Chase, Licensed Insolvency Trustee at Chase and Associates, to explore the warning signs of financial hardship and what Canadians can do when they spot these red flags.

Key topics discussed include:

Signs of financial trouble: Learn how collection calls, overdrafts, and rising debt are red flags.
The emotional toll of debt: Find out how ignoring financial issues can lead to stress and strain relationships.
Taking action early: Discover why addressing debt early can provide more options and prevent further damage

Plus:

Evaluating your finances: Learn how to take stock of your assets, debts, income, and expenses.
Cutting unnecessary expenses: Tips on trimming wasteful spending to free up money fast.
Avoiding high-interest loans: Understand why payday loans often worsen any money problems.

“Recognizing the signs early and taking action can mean the difference between a financial reset and financial ruin.” — Derek Chase

Debt doesn’t have to feel shameful. It’s more common than you think, and there are plenty of ways to tackle it. From smarter budgeting, selling unused assets, or professional help—options are available. Listen in to learn more:

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