On the 29th episode of the Retirement Explained show, I discuss how what you should be doing when you’re in debt.

A large part of building your wealth and creating financial security for you and your family is debt; if you have it, how you’re dealing with it, and it most cases, a person with no/little debt are much more financially secure than those without it.

Consider your personal financial situation as if you were a business and you were the CEO of You, inc. Businesses maximize profits by either increasing sales or reducing expenses or both. We can literally create a more profitable 'you' by lowering your expenses and one of the largest expenses that people have are tied to their debts, auto loans, credit card loans, medical loans, etc.

On this episide I discuss ways you can approach paying off your debts so that you can be wealthier, happier, and retire faster than if you were to ignore it.

-Brian