Mastering Debt: Susan B. and Katie Bossler on Financial Wellness
Debt management plans are what we've been talking about, where you pay the debt back in full, the way that you signed up for, and the creditor wants you to reflect positively on your credit report.
Feeling overwhelmed by your spending habits? This episode of 'I Can't Stop Spending!' is a must-listen. Susan B. sits down with Katie Bossler, a personal finance counselor from Greenpath Financial Wellness, to break down debt management programs and offer practical advice on conquering compulsive spending. Greenpath Financial Wellness, a non-profit organization, is dedicated to helping people manage their debt and achieve financial stability.
Katie shares insights on the differences between debt management plans and settlements, explaining how consolidating credit card debt and lowering interest rates can make a significant difference. She also highlights the importance of self-discipline and a holistic approach to financial health. Beyond debt management, Greenpath offers services like reverse mortgage counseling and mortgage delinquency counseling.
This episode is packed with supportive and actionable tips that can help you take control of your finances and break free from the cycle of compulsive spending.