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The Smart Way to Consolidate Debt
Manage episode 493815481 series 3369220
In this episode of Don't Go Broke Trying, Reni sits down with writer and personal finance expert, Shannon Terrell from Nerdwallet Canada to break down the ins and outs of debt consolidation and how to do it right.
Whether you're drowning in multiple credit card bills or juggling personal loans, this episode walks you through smart ways to simplify your repayments without falling into more financial traps.
What you’ll learn in this episode:
What debt consolidation really means
How to tell if debt consolidation is the right option for you
The biggest myths and mistakes people make when consolidating their debt
Shannon’s proven strategies for paying off debt without going broke
Steps to take before and after consolidating to stay financially on track
Whether you're feeling overwhelmed by multiple debts, or just exploring your options, this episode will help you make smart, confident decisions so you can take control of your finances without going broke.
Resources Mentioned:
Support on how to get out of debt: https://creditcounsellingcanada.ca/
Learn more about NerdWallet: www.nerdwallet.com
Read Nerd Wallet’s Canadian Consumer Credit Report: https://www.nerdwallet.com/ca/p/article/credit-cards/2025-canadian-consumer-credit-card-report
Watch on Youtube: https://youtu.be/9gqqRbORhZ4
Connect With Shannon:
LinkedIn: https://www.linkedin.com/in/shannon-terrell/
Author Page: https://www.nerdwallet.com/ca/author/shannon-terrell
Join Don't Go Broke Collective: https://www.skool.com/dont-go-broke-collective/about
Connect With Us!
Follow the podcast on Instagram: https://instagram.com/dontgobroketrying
Follow Reni on Instagram: https://www.instagram.com/xoreni
Visit our website: renitheresource.com/category/podcast
Follow on Twitter: twitter.com/dgbtpod
Subscribe to Reni's YouTube: https://youtube.com/xoreni
DISCLAIMER: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.
68 episodes
Manage episode 493815481 series 3369220
In this episode of Don't Go Broke Trying, Reni sits down with writer and personal finance expert, Shannon Terrell from Nerdwallet Canada to break down the ins and outs of debt consolidation and how to do it right.
Whether you're drowning in multiple credit card bills or juggling personal loans, this episode walks you through smart ways to simplify your repayments without falling into more financial traps.
What you’ll learn in this episode:
What debt consolidation really means
How to tell if debt consolidation is the right option for you
The biggest myths and mistakes people make when consolidating their debt
Shannon’s proven strategies for paying off debt without going broke
Steps to take before and after consolidating to stay financially on track
Whether you're feeling overwhelmed by multiple debts, or just exploring your options, this episode will help you make smart, confident decisions so you can take control of your finances without going broke.
Resources Mentioned:
Support on how to get out of debt: https://creditcounsellingcanada.ca/
Learn more about NerdWallet: www.nerdwallet.com
Read Nerd Wallet’s Canadian Consumer Credit Report: https://www.nerdwallet.com/ca/p/article/credit-cards/2025-canadian-consumer-credit-card-report
Watch on Youtube: https://youtu.be/9gqqRbORhZ4
Connect With Shannon:
LinkedIn: https://www.linkedin.com/in/shannon-terrell/
Author Page: https://www.nerdwallet.com/ca/author/shannon-terrell
Join Don't Go Broke Collective: https://www.skool.com/dont-go-broke-collective/about
Connect With Us!
Follow the podcast on Instagram: https://instagram.com/dontgobroketrying
Follow Reni on Instagram: https://www.instagram.com/xoreni
Visit our website: renitheresource.com/category/podcast
Follow on Twitter: twitter.com/dgbtpod
Subscribe to Reni's YouTube: https://youtube.com/xoreni
DISCLAIMER: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.
68 episodes
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