EP184 Credit Canada Debt Solutions with Keith Emery
Young Money with Tracey Bissett
Release Date: 03/09/2021
Young Money with Tracey Bissett
Today we're celebrating Young Money’s incredible journey. Together, we’ve created 334 episodes, reached listeners in over 40 countries, and surpassed 360,000 downloads! It’s been a privilege to inspire financial fitness through fun, educational content and host amazing guests who’ve shared their insights to help you navigate your financial journey. As I reflect on this milestone, I’m sharing the lessons I’ve learned, the hurdles I’ve overcome (like losing access to Apple Podcasts!), and the community that made it all possible. From loyal listeners to supportive colleagues and...
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info_outlineKeith Emery is the COO for Credit Canada Debt Solutions, the country’s first and longest-standing credit counseling agency. Keith’s experience in the financial literacy industry spans over two decades, and he is recognized as one of the nation’s leading experts in personal finance. Today he joins the show to discuss what credit counseling is and why he believes it is so important.
Listen in as Keith shares several common misconceptions around finances, as well as the first steps you need to take to work toward becoming financially successful. You will learn how to save for unexpected expenses (vet bills, new appliances, medical bills, etc.), how to avoid high-interest debt, and tips for anyone already struggling with debt.
“If we’re going to be financially successful, we have to have a budget surplus.” - Keith Emery
This Week on Young Money:
- A day in the life of Keith Emery.
- What a credit counselor does.
- Common misconceptions around finances.
- What happens when the income supports end.
- Trends Keith is noticing in the economy and in his clients' financial lives.
- Tips for anyone struggling with debt.
- Biggest misconceptions about debt solutions.
Key takeaways:
- Don’t carry credit card debt.
- Prepare for unexpected expenses.
- Avoid high-interest debt.
- Be honest about your finances.
Connect with Keith and Credit Canada:
Resources Mentioned:
- EP023 How to Protect Yourself from Fraud
- EP044 Dangers of Payday Loans
- EP045 Stop Feeling Broke with Shannon Lee Simmons
- EP049 5 Questions to Answer Before Getting a Credit Card
- EP066 Living Debt-Free with Shannon Lee Simmons
- EP074 How to Protect Your Business from Fraud
- EP057 Bankruptcy and Consumer Proposals what does it mean with Doug Hoyes
- EP125 Adulting 101: Learn How to WIN at the Credit Game with Richard Moxley
- EP128 Adulting 101: How to Get Out of Debt - No Matter What Got You Into It
- EP129 Adulting 101: Equifax's Julie Kuzmic on What's a Credit Report & Should I Care?
- EP132 How to Protect Yourself from Fraud with Julie Kuzmic of Equifax
- EP137 How to Manage & Negotiate With Creditors (People You Owe Money)
- EP149 Adulting 101: How to Deal with Overwhelming Debt Levels with Taz Rajan, Bromwich + Smith
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