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
537 – The True Cost of Borrowing [not-audio_url] [/not-audio_url]

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536 – How to Handle Maxed-Out Credit Cards [not-audio_url] [/not-audio_url]

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535 – How Seasonal Workers Can Manage Income and Debt [not-audio_url] [/not-audio_url]

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Many Canadians have seasonal employment or variable income, making financial planning more complex. Doug Hoyes and Ted Michalos provide practical strategies for managing income fluctuations, saving effectively, dealing w…
534 – How to Stay Motivated While Paying Off Debt [not-audio_url] [/not-audio_url]

Duration: 32:45
Struggling to stay motivated while repaying debt? You're not alone! Charlie Kovacs, BIA Insolvency Counselor with Hoyes Michalos, joins Debt Free in 30 to share practical strategies to help you stay focused, celebrate sm…
532 – Financial Fitness Check: How to Assess Your Financial Health [not-audio_url] [/not-audio_url]

Duration: 30:17
How do you know if you're financially fit? Doug Hoyes and Ted Michalos break down the essentials of financial "fitness", covering the importance (or unimportance) of positive net worth, stable cash flow, emergency funds,…
531 – Why Popular Budgeting Techniques Don't Work [not-audio_url] [/not-audio_url]

Duration: 33:09
Ready to break all the budgeting rules? This episode is a lively debate that flips the script on traditional money management. Doug Hoyes isn't holding back on his opinions about the Government of Canada's "Financial Lit…
530 – How To Use Credit Cards to Boost Your Credit Score [not-audio_url] [/not-audio_url]

Duration: 30:43
How much do you really know about the impact of credit cards on your credit score? Doug Hoyes and Ted Michalos bust common myths and reveal the true influence of credit cards on your financial health. Learn how credit sc…