Goldstein On Gelt

If you want to get out of debt, should you pay off your smallest debts first or those with the highest interest rates? Deacon Hayes, debt expert, joins the show to discuss how to build wealth when you are in debt. He share his personal experience and presents the steps he took that enabled him to get out of debt. Deacon’s proven debt reduction approach may surprise you. Budgets do not have to be strict or complex, says Deacon. A simplified process is more likely to lead to financial discipline. Learn about of the cash envelope system and a one-sheet financial picture to reach your main financial goals. Should you wait before buying bonds? In the current low-interest-rate environment, Doug advises when you should consider buying bonds. Doug discusses alternatives to buying a 20-year bond and locking in low rates. Consider implementing bond laddering, an investment strategy that can provide predictable payments on a monthly basis throughout your retirement. Bond laddering may pay a higher long-term rate while s