Check the background of your financial professional on FINRA's Broker Check. Registered Representatives in the Simplifynance program offer securities through Cetera Advisors LLC (CA) a registered broker-dealer, member FINRA, SIPC. Advisory services are offered through Cetera Advisors LLC, an SEC Registered Investment Adviser. CA is under separate ownership from other named entities.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation(commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
This site is published for residents of the United States only. Registered Representatives of Cetera Advisors LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every representative listed. For additional information please contact the contact the representative(s) listed on the site, visit the Cetera Advisors LLC site at www.ceteraadvisors.com.
#14 - Debt Stress
During this 14th episode of the Simplifynance Podcast, host Rachel Stewart discusses the importance of confronting your debt head-on and the stress and strain it can cause on you if you don’t.
Episode Highlights:
0:20 Average millennial debt levels
1:10 Short term physical consequences
1:41 Attacking the root of the problem
1:50 Strategy & control
2:20 Maintaining perspective
2:46 Forgive yourself
3 Key Take-Aways
1. Credit Cards are considered BAD debt, and it makes up about a ¼ of what average millennials owe.
2. Strategize by shining a spotlight on your debt by listing out your liabilities, interest rates and monthly payments (err...Rachel said premiums, but that’s not right) all on one page.
3. Time to train our brains to kick in the FIGHT response and launch ourselves into action against what’s stressing us out!
Resources Mentioned:
Simplifynance Resources
Contact
Rachel Stewart