Do you have any outstanding debts, and what are your plans to pay them off? (#197)

Episode Summary: In this episode of Financial Advisors, A.B. Ridgeway delves into the topic of debt from a Christian perspective. He emphasizes the importance of discussing financial matters, including debt, in relationships, and offers strategies for paying off debt effectively. A.B. introduces the snowball and avalanche techniques for debt repayment, providing insights into their differences and guiding listeners on how to choose the right approach for their situation.

Key Takeaways:

1. Importance of Financial Transparency in Relationships: A.B. Ridgeway stresses the significance of discussing financial matters, particularly debt, early in relationships. He highlights how avoiding these discussions can lead to unexpected challenges and emphasizes the need for financial compatibili ...