Debt Free in 30

Debt Free in 30

Author: Doug Hoyes Language: English Episodes: 500
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.
Episodes
195 – Is a Bad Credit Score Good for You? [not-audio_url] [/not-audio_url]

Duration: 18:51
Credit scores are a way for a lender to assess how well you handle debt. To be able to set a credit score, the credit bureaus need information about credit use. This leads to a strange principle behind credit scores: the…
194 – What Information Is On Your Credit Report? [not-audio_url] [/not-audio_url]

Duration: 32:21
Your credit report is a report card on your credit activity. While you can get a free copy of your credit report from many sources, not all credit reports are the same and not all sources provide full information. With s…
193 – How to get an Affordable Divorce [not-audio_url] [/not-audio_url]

Duration: 32:23
Divorce can be expensive. In my experience, it's also one of the many causes for insolvency. The reason for this is when you are living together, you only have one bill for rent, cable, and utilities, but two incomes. Yo…
192 – Second Mortgage or Interest-Free Consumer Proposal? [not-audio_url] [/not-audio_url]

Duration: 23:09
Once upon a time, if you had a lot of credit card debt and owned a home, you could get a second mortgage to consolidate and pay off your debt. Interest rates were low and home values were rising. You could borrow against…
191 – Pay Off Debt First or Follow Your Passion? [not-audio_url] [/not-audio_url]

Duration: 28:06
As a Licensed Insolvency Trustee, I'll always advise that you prioritize debt repayment. Why is it important to pay off debt first? So that you are no longer burdened by it. While that is the most prudent course of actio…
190 – The 80/20 Rule of Money Management [not-audio_url] [/not-audio_url]

Duration: 9:28
Money management is hard. That's why so many people don't do it. Over the years at many credit counselling sessions with clients I've explained budgeting, and spreadsheets, and budgeting apps, and lots of other technique…
189 – Can Blockchain Technology Save the Credit Scoring System? [not-audio_url] [/not-audio_url]

Duration: 52:43
I've said it before: when it comes to credit rating agencies like Equifax or TransUnion: You are not their customer. You are their product. Your data and loan history are for sale to any lender who is willing to pay for…
188 – Why More Women are Filing Bankruptcy [not-audio_url] [/not-audio_url]

Duration: 39:17
In our latest bankruptcy study, we discovered that over the last 5 years women have been filing for bankruptcy in higher numbers. In 2012, 42% of women filed insolvency and by 2017 that number reached 48%. But, it's not…
187 – Advice for Tenants Renting a Property [not-audio_url] [/not-audio_url]

Duration: 38:29
How can you find a good place to rent, even if you have damaged credit? Today's guest runs her own property management company, and she gives us the inside scoop on how to find a good place, and how to convince the landl…
186 – Why It's Difficult to Prevent Online Fraud [not-audio_url] [/not-audio_url]

Duration: 36:12
Credit card fraud affects many stakeholders. It's damaging not only to consumers, but also to merchants and financial institutions. In addition to losing money, credit card fraud can ruin a customer's relationship with a…