WealthBeing

Ep. 2 - Managing debt (so it doesn’t manage you) with guest expert, Annie Nolan


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Debt can be stressful, confusing, embarrassing… and sometimes a good financial decision! On this episode of WealthBeing, we invite our colleague, Annie Nolan,Senior Financial Advisor at Island Savings, to talk about the variety of ways debt impacts our financial health, and we learn her simpleways to manage what we owe.

:45–Money Problem. Derrick shares the story of his self-employed clients who experienced a life change that caused an increase in debt.
3:40 – We meet our guest expert Annie Nolan, Senior Financial Advisor at Island Savings, and learn about:

  • good and bad debt;
  • deciding if incurring debt is worthwhile tomake a purchase;
  • common reasons that people get trapped owing money;
  • a simple way to set up an emergency fund that’s specific to your needs;
  • balancing family support with personal savings goals;
  • how financial experts provide debt solutions;
  • dealing with the stigma and emotion tied to debt;

21:45– Weekly Financial Fix. Travis gives you a challenge that will open your eyes to your spending habits.

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WealthBeingBy Island Savings - Valley First - Envision Financial - Enderby & District Financial | Divisions of First West Credit Union