The Smart Way to Consolidate Debt

https://is1-ssl.mzstatic.com/image/thumb/Podcasts122/v4/51/a4/2a/51a42ae9-2af9-1608-4599-3a7c4d931e35/mza_8928896780257867948.jpg/600x600bb.jpg

Don't Go Broke Trying

Reni, The Resource

73 episodes

5 days ago

Financial literacy is something most people know nothing about until life forces them to learn. It gets even harder when you’ve moved from another country and now must learn a completely new financial system. This podcast exists to make these complex topics, simple and to share resources that can help you avoid costly mistakes on your personal finance journey. Hear from your host, Reni the Resource, who will give her take on what she would do in certain situations. You will also hear from guests who have made financial mistakes and hear their experiences, so you don’t have to make them.

Education

RSS

All content for Don't Go Broke Trying is the property of Reni, The Resource and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Education

https://d3t3ozftmdmh3i.cloudfront.net/production/podcast_uploaded_nologo/21210954/21210954-1643242094435-1a9393514d021.jpg

The Smart Way to Consolidate Debt

Don't Go Broke Trying

34 minutes 4 seconds

4 months ago

The Smart Way to Consolidate Debt

In this episode of Don't Go Broke Trying, Reni sits down with writer and personal finance expert, Shannon Terrell from Nerdwallet Canada to break down the ins and outs of debt consolidation and how to do it right.

Whether you're drowning in multiple credit card bills or juggling personal loans, this episode walks you through smart ways to simplify your repayments without falling into more financial traps.

What you’ll learn in this episode:

What debt consolidation really means
How to tell if debt consolidation is the right option for you
The biggest myths and mistakes people make when consolidating their debt
Shannon’s proven strategies for paying off debt without going broke
Steps to take before and after consolidating to stay financially on track

Whether you're feeling overwhelmed by multiple debts, or just exploring your options, this episode will help you make smart, confident decisions so you can take control of your finances without going broke.

Resources Mentioned:

Support on how to get out of debt: https://creditcounsellingcanada.ca/

Learn more about NerdWallet: www.nerdwallet.com

Read Nerd Wallet’s Canadian Consumer Credit Report: https://www.nerdwallet.com/ca/p/article/credit-cards/2025-canadian-consumer-credit-card-report

Watch on Youtube: https://youtu.be/9gqqRbORhZ4

Connect With Shannon:

LinkedIn: https://www.linkedin.com/in/shannon-terrell/

Author Page: https://www.nerdwallet.com/ca/author/shannon-terrell

Join Don't Go Broke Collective: ⁠https://www.skool.com/dont-go-broke-collective/about⁠

Connect With Us!

Follow the podcast on Instagram: ⁠⁠⁠https://instagram.com/dontgobroketrying

Follow Reni on Instagram: ⁠⁠⁠https://www.instagram.com/xoreni

Visit our website: ⁠⁠⁠⁠renitheresource.com/category/podcast⁠⁠⁠⁠

Follow on Twitter: ⁠⁠⁠⁠twitter.com/dgbtpod⁠⁠⁠⁠

Subscribe to Reni's YouTube: https://youtube.com/xoreni

DISCLAIMER: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.