One of the best ways to build wealth is to be smart about borrowing money.That’s why Derrick and Travishad a conversation with Stephanie Brownlow, a Senior Financial Advisor – and budgeting guru – at Island Savings. They examine the lending options you’re likely to encounter, how to use them to your advantage, and which borrowing options to avoid.
1:15Money Problem: Derrick’s client was in a debt spiral and feared bankruptcy would be his last resort.
3:20Expert Examination:Travis, Derrick and Stephanie Brownlowcompare and contrast lending options that can aid your financial health:
23:25–Weekly Financial Fix:Travis has a simple tip that could help you pay less loan interest and be debt free faster!
If you have an undiagnosed financial concern or want to better understand a financial subject, send Travis and Derrickyour question at islandsavings.ca/wealthbeing, or at email@example.com, and we will consider it for a future episode.