Tag: Debt

Mastering Debt, Debit & Credit Management (Ep. 23)

Mastering Debt, Debit & Credit Management (Ep. 23)

Ready to navigate the critical realm of debt, debit, and credit management?

Do you know how to recognize their profound influence on your overall financial well-being? 

In this episode, Mike Dukovich continues the financial literacy conversation by shedding light on the intricate facets of debt, debit, and credit management.  

From credit reports and scores and some must-know best practices, this conversation serves you as a handy resource to achieve not only a healthy debt-to-income ratio but also pave the path toward long-term financial stability and empowerment. 

Mike discusses:

  • Understanding different types of debt (ranging from credit cards to loans and 
  • mortgages) and the value of understanding their ‘terms and conditions’ 
  • The truth about credit history 
  • How to review credit reports and scores and ways you can use them to your advantage
  • Tips to determine a healthy debt-to-income ratio
  • And more!

Resources:

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Breaking Down Financial Jargon: Understanding the Basics of Financial Literacy (Ep. 21)

Breaking Down Financial Jargon: Understanding the Basics of Financial Literacy (Ep. 21)

The truth is that not everyone across the United States knows about money, savings, and retirement planning. In fact, the average 65-year-old has yet to save for retirement.

Mike Dukovich wants to help change that…

This week, Mike explores the importance of financial literacy, budgeting, understanding credit, managing debt, and retirement planning. Mike highlights the lack of financial education in the US while stressing the need for individuals to have the knowledge and skills to make informed financial decisions.

Mike discusses:

  • The reality of financial education for people of all ages, including high school and college students 
  • The value of saving early on and ways investing what you save can help you down the road 
  • The difference between good and not-so-good debt
  • His financial advice for parents and their college children 
  • The nuances of investing 
  • Why you should always seek professional financial advice
  • And more!

Resources:

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