MMS #7 | Bad debt - the junk food of the financial world. How to tackle it?!

In this episode of Money Made Simple, Liv and Jennie are tackling debt! This episode is part one of two, focusing first on what we call the "bad" type. Acknowledging that things aren't always as black and white as "good debt" or "bad debt", they explain why they are making this distinction and what the implications of bad debt are, in the short and long term. This week's episode covers: What exactly we mean by "bad" vs "good" debt The long-term impacts of bad debtThe pros and cons ...

Om Podcasten

Welcome to Money Made Simple: the NZ-based financial literacy podcast from Simplicity that keeps it simple and gets to the point. We want ALL Kiwis to have dignity, and a dignified life is one with choices. What can help with more choices? More money. So we're here to make Kiwis richer and smarter with money.Join co-hosts Liv and Jennie on a fortnightly basis to help you understand the basics around money, finances, investing, KiwiSaver, and planning for a better future. We aim to provide information in a bite-sized, easy-to-listen way that simplifies the jargon. 'Cos who's got time for that! We want you to feel empowered and confident when thinking about money and investing - whether that be via KiwiSaver, investment funds, the share market, property, or whatever suits you.You can join the Simplicity community via the following channels:Instagram: https://www.instagram.com/simplicity_kiwi/Facebook: https://www.facebook.com/simplicitykiwiLinkedIn: https://www.linkedin.com/company/simplicity-kiwi/Or check out our website: https://simplicity.kiwi/Cheers for listening - we appreciate each and every one of you %)