573 – The Best Get Out of Debt Advice from Top Guests (Compilation)

573 – The Best Get Out of Debt Advice from Top Guests (Compilation)

Author: Doug Hoyes August 23, 2025 Duration: 29:14

Listen for great get-out-of-debt advice from some of our most popular guests! Featuring Canadian financial experts from Hoyes Michalos and Chris Enns, founder of Rags to Reasonable, and Danielle Park, author of Juggling Dynamite.

From spotting predatory financial advisors to the importance of building an emergency fund, this episode is packed with practical, real-world tips and strategies you can start using today to get out of debt!

00:00 – The Snowball vs. Avalanche Method with Licensed Insolvency Trustee Joel Sandwith
01:20 – How to Avoid Predatory Financial Advice with Danielle Park
04:40 – How to Realistically Start Managing Your Money with Chris Enns
07:45 – Predatory Credit Advisors – What You Need to Know cont.
11:30 – Why Canadians Aren't Prepared for Financial Emergencies with Scott Terrio
13:00 – Snowball and Avalanche Method – Advanced Tips
16:30 – Why Your Perspective on Loans Matters
19:50 – Getting Out of Debt and Building Savings Has To Be Practical with Danielle Park
22:35 – Key Indicators of Debt Trouble – When to Seek Help
25:00 – A "Holistic" Approach to Paying Off Debt?

Danielle Park on Debt Free in 30:  Building Wealth In A Challenging World

Chris Enns on Debt Free in 30: Managing Money on a Variable Income

Juggling Dynamite | Debtasized: How our reliance on credit leads to price inflation

Learn More: Snowball Vs. Avalanche Debt Methods – Which One is Best?

Hoyes Michalos Free Canadian Credit Rebuilding and Repair Course

Sign Up for the Monthly Debt Free Digest

Disclaimer:
The information provided in the Debt Free in 30 Podcast is for entertainment and informational purposes only and is not intended as personal financial advice. Individual financial situations vary and may require personal guidance from a financial professional. The views expressed in this episode do not necessarily reflect the opinions of Hoyes, Michalos & Associates, or any other affiliated organizations. We do not endorse or guarantee the effectiveness of any specific financial institutions, strategies, or digital tools/apps discussed.


Doug Hoyes sits down each week with a different specialist to untangle the complicated feelings and hard numbers around owing money. The conversations in Debt Free in 30 move beyond simple scare tactics or dry theory, focusing instead on actionable strategies for managing debt, rebuilding savings, and making informed investing choices. You’ll hear from trustees, financial planners, and counselors who explain concepts in plain language, stripping away the industry jargon that often leaves people feeling overwhelmed. Whether it’s navigating a consumer proposal, understanding credit scores, or starting to invest with a tight budget, this podcast provides a clear-eyed look at the steps toward financial stability. Doug’s approach is grounded and pragmatic, reflecting his deep expertise in the field, making each episode feel like a direct consultation with a knowledgeable guide. Tuning in regularly offers a consistent source of demystified advice, turning what can be a stressful topic into a manageable process. It’s that blend of expert insight and relatable conversation that defines this particular personal finance podcast.
Author: Language: English Episodes: 100

Debt Free in 30
Podcast Episodes
579 – Budgeting Without Burnout: Finding the Right Tracking Method [not-audio_url] [/not-audio_url]

Duration: 32:13
Is tracking every single expense the key to taking control of your finances, or just a fast track to burnout? What are the pros and cons of meticulous money tracking? Doug Hoyes and guest Charlie Kovacs debate who benefi…
578 – Student Loan Struggles in Canada: Paying Debt Years Later [not-audio_url] [/not-audio_url]

Duration: 30:10
Student loans can follow Canadians for years after graduation, sometimes delaying life milestones like buying a home or starting a family. In this episode, Doug Hoyes and Ted Michalos explain why student debt is so diffi…
577 – How to Break Free from the Minimum Payment Trap [not-audio_url] [/not-audio_url]

Duration: 30:40
Making only the minimum payment on credit cards may feel manageable, but it's one of the riskiest financial habits for Canadians today. Doug Hoyes and Ted Michalos explain the real math behind minimum payments and share…
574 – Simple Shifts: Ways to Save More and Spend Less [not-audio_url] [/not-audio_url]

Duration: 30:44
Looking to save more and spend smarter? This episode is packed with practical, expert-backed tips - from insider grocery hacks and avoiding hidden fees to smarter banking strategies. Learn how simple shifts, like opening…
570 – Debt Free in 30: Bloopers & Best Bits! [not-audio_url] [/not-audio_url]

Duration: 10:41
While we're known for expert debt advice, let's say it's a good thing we're better at being LITs than we are at staying on script! Join us for a compilation of our funniest on-air flubs, the kind of candid moments that u…
569 – The Fastest Ways To Break Free From Debt [not-audio_url] [/not-audio_url]

Duration: 31:37
You need strategies that go beyond budgeting apps. Doug Hoyes and Ted Michalos are experts who've seen it all – and they offer practical, honest advice to build momentum and pay off debt faster. Learn what you can do bef…