The Stacking Benjamins Show Navigating Debt, Crypto Scams, and Social Media's Wild West (with Natalia Brown) SB1633 SB
Jan 20, 2025
In this discussion, Natalia Brown, a debt relief advocate from National Debt Relief, provides insight into overcoming financial struggles and navigating the labyrinth of debt. She highlights the importance of recognizing predatory practices and shares effective strategies for debt management. The conversation shifts to the dangers on TikTok, revealing that nearly 70% of crypto advice is misleading. Listeners are urged to prioritize long-term financial health over credit scores and to remain cautious of dubious online advice.
AI Snips
Chapters
Transcript
Episode notes
Debt Relief Scams
- Be wary of debt relief services with upfront fees or promises that sound too good to be true.
- Thoroughly check reviews and ratings before committing to any service.
Facing Your Debt
- Take the first step to manage debt by writing everything down, including income, expenses, and debts.
- Creating a plan will bring relief and motivation.
Communicating with Creditors
- Contact your credit card company if you anticipate missing a payment.
- They might offer temporary solutions like moving due dates or deferral programs.