In the third installment of Suite Talk‘s interview with Wilson Lea, based on his article 4 Wise Wealth Tips for Your Wallet, we examine strategies for reducing debt (step one—don’t accumulate any more).

“What I suggest is that you start with the smallest balance credit card and make bigger payments on that card and make the minimum payments on other cards,” says Lea of Parallax Advisors, a boutique wealth management firm based in Irvine, CA. “As you pay off the smaller cards take those payments and move them up with the payments on the next biggest balance.”

With over two decades of expertise, Wilson has a proven track record of helping businesses, executives, retirees and families meet their financial goals. 

Next time we’ll be talking about creating a budget to better help you achieve your wealth aspirations.

You can also join the conversation by letting us know what are your topic financial goals.

Lean in, lean back and enjoy!