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Striking Balance Between Saving and Eliminating Debt | Ep. 158

In this episode of The New Money Habits Podcast, Coach Nino Villa addresses a question from a listener about managing debt and savings. He discusses the importance of balancing debt elimination with saving, emphasizing that while principles remain constant, the execution can vary based on individual circumstances.

Nino introduces a phased approach to debt elimination, focusing first on active interest-bearing debts, then non-interest-bearing debts, and finally charge-offs. He also highlights the significance of having a peace of mind fund and provides practical examples to illustrate his points. Additionally, he offers tools and resources for listeners to help them manage their debt effectively.

πŸ“Œ Helpful Resources Mentioned in the Episode:

🎡 Music Credits: This episode features music by Summer School.

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