8. The four most common debt traps that people fall into & the 60% solution for personal budgeting.
Episode description
Spending season is just around the corner so we call in an expert to warn us of the 4 most common debt traps that people fall in when it comes to using fringe credit providers. Saurav Dutta is the head of accounting at Curtin University, he's worked in the New York State Attorney Generals office and done some remarkable work involving the reparations of Swiss francs to Holocaust Victims. Saurav brings his wealth of experience and knowledge to the podcast booth.
The Budget breakdown series also continues with a look at the pro's and cons of The 60% Solution, a budgeting method coined by former MSN Money editor Richard Jenkins.
Read Saurav's article on The Conversation here.
Disclaimer
We Talk Cents is not a financial advisor and the information provided is general in nature and was prepared for information purposes only. This podcast should not be considered to constitute financial advice. Accordingly, reliance should not be placed on the podcast as the basis for making an investment, financial or other decision. This information does not take into account your investment objectives, particular needs or financial situation.