Most people have at least one kind of debt, whether that be a credit card, loan, or mortgage. The question is, how should you pay them off?
In the final part of the three-part mini-series, Jim Bishop speaks with Steve Bishopp, a financial advisor at SJI Financial Services, about managing debt. They review the different types of debt, how to manage each type, and the optimal order to pay them off. Jim and Steve dive into the loaded question of investments versus debt and provide options for different types of financial plans.
Steve and Jim discuss:
- The three types of debt
- Why credit cards are the worst type of debt
- How depreciation impacts your debt
- Putting money into investments versus paying off your debt
- And More
- Episode 11 – Understanding Cash Flow, Part 1
- Episode 12 – Understanding Cash Flow: Budgeting, Part 2
Connect With Steve Bishopp:
- Call (520) 326-6133
Connect With Jim Bishopp:
- Call (520) 326-6133 or (800) 754-6133
- Linkedin Jim Bishopp
- Website SJI Financial Services
- YouTube SJI Financial Services – The Educated Choice
- Facebook SJI Financial Services
- Spotify The Money Study
- Apple The Money Study
About Our Guest:
Investment Advisor representative and registered representative of, and securities and investment advisory services offered through Voya Financial Advisors, Inc (member SIPC)
SJI Financial Services is not a subsidiary of nor controlled by Voya Financial Advisors.
The opinions expressed in this podcast are those of the speaker and may not necessarily reflect those held by Voya Financial Advisors. Comments concerning the past performance [e.g. monetary instruments, investment indexes, or international markets] are not intended to be forward-looking and should not be viewed as an indication of future results.
Get in touch with us:
- Website https://www.sji.us.com
- Email email@example.com
- Call 520-326-6133
- YouTube https://www.youtube.com/SJI Financial Services – The Educated Choice
- Facebook https://www.facebook.com/SJIFinancialServices
- LinkedIn linkedin.com/company/sji-financial-services-inc
- Spotify https://open.spotify.com/show/1QFnrPhz4zrZg6bvWJ0mhu
- Apple https://podcasts.apple.com/ca/podcast/the-money-study/id1543046602