Understanding Money with Eoin McGee Debt
Nov 1, 2023
Eoin is joined by 'Niamh' who found herself swamped in debt. They explore the concept of 'happy debt' versus 'crappy debt' and discuss the pitfalls of different types of debt. The importance of having a financial buffer and prioritizing debt is emphasized. They also analyze installment payment apps, highlight the dangers of buy now pay later schemes, and offer strategies for tackling debt and achieving quick wins.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 4min
Types of Debt and Pitfalls
03:58 • 18min
The Importance of Financial Buffer and Debt Prioritization
22:10 • 6min
Sharing Debt Experiences and Analyzing Installment Payment App
28:08 • 4min
The Dangers of Buy Now Pay Later and Accumulating Debt
31:51 • 4min
Strategies for Tackling Debt and Achieving Quick Wins
35:44 • 5min