In this episode Mark focuses on the important topic of paying off credit card debt, explaining the detrimental effects of carrying high-interest debt and explores strategies for debt repayment.
He discusses the differences between the snowball and avalanche methods for tackling debt, and emphasizes the importance of paying off credit cards in full every month to avoid escalating interest. Mark also touches on various debt consolidation options and why they might not be the best choice.
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Timestamps:
In this episode Mark broadcasts one last time from Crested Butte, Colorado, before embarking on a two-month journey to Bali, Singapore, Australia, and New...
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In this episode Mark is joined by his daughter Katie and her good friend Jessica to discuss the intricacies of first-time home buying. They...