[Debt] Videos

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Ken McElroy and Robert Kiyosaki discuss the misconceptions about debt and how it can be a powerful tool for building wealth. Learn the secrets of using other people’s money to buy assets, reduce tax liabilities, and achieve financial freedom.

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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: “ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years.” Ken is a Rich Dad Advisor.

Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.

Ken’s company: https://mccompanies.com/

DISCLAIMERS: Any information or advice available on this channel is intended for educational and general guidance only. Ken McElroy and KenMcElroy.com, LLC shall not be liable for any direct, incidental, consequential, indirect, or punitive damages arising out of access to or use of any of the content available on this channel. Consult a financial advisor or other wealth management professional before you make investments of any kind.

Although Ken McElroy and his affiliates take all reasonable care to ensure that the contents of this channel are accurate and up-to-date, all information contained on it is provided ‘as is.’

Ken McElroy makes no warranties or representations of any kind concerning the accuracy or suitability of the information contained on this channel.

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President Cyril Ramaphosa has committed himself to dealing with ballooning municipal debt. Electricity Minister Kgosientsho Ramokgopa says municipalities owe Eskom 78-billion rand. The President says the money is needed to secure the grid. #enca #dstv403

For more news: https://www.enca.com/

The capping of allowances by NSFAS has exacerbated student’s financial woes, with Universities South Africa reporting an accumulation of over R70m in debt in 2023.

At Rhodes University the concern about this is palpable.

FULL REPORT HERE: https://www.enca.com/videos/discussion-higher-education-student-debt-ballooning

In this video, we look at China’s new financial maneuver, in which it purportedly sells a major chunk of its US Treasury holdings and debt. This move has sent shockwaves across global financial markets, increasing concerns about the potential consequences for the US economy and the larger international financial system.

We’ll look at the reasons for China’s move to cut its exposure to US debt, as well as what this might mean for future US-China ties. Is this a purposeful move in economic policy, or a reaction to the current global uncertainty? How will this affect the stability of the US dollar and bond markets?

Join us as we examine the economic and geopolitical variables at play, providing insights into how this development may effect investors, governments, and the global economy as a whole. Whether you’re an experienced investor or simply curious about the intricacies of international finance, this video presents an in-depth explanation of one of the most significant economic developments in recent history.

Don’t forget to like, comment, and subscribe for more videos about global economics and finance. Your contribution allows us to provide you with more interesting information!

Credit Cards Debt Will Cause The Next Collapse

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Debt can be scary but you’re not alone. There is help available and paths you can take. Howie Lim finds out what they are from Tan Huey Min of Credit Counselling Singapore and Seth Wee of Providend.

Synopsis: Every Monday, The Business Times breaks down useful financial tips.

Highlights of the conversation: 

03:48 Cheapest ways to get out of debt

05:14 Are you ready to seek help?

08:50 Things you can do

11:58 Not as difficult as it may seem

Send us your questions, thoughts, story ideas, and feedback to btpodcasts@sph.com.sg (mailto:btpodcasts@sph.com.sg) . 

Written and hosted by: Howie Lim (howielim@sph.com.sg (mailto:howielim@sph.com.sg) )

With Seth Wee, client adviser, Providend and Tan Huey Min, general manager, Credit Counselling Singapore

Edited by: Howie Lim & Claressa Monteiro

Produced by: Howie Lim

Engineered by: Joann Chai Pei Chieh

A podcast by BT Podcasts, The Business Times, SPH Media

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Local money coach Lisa Chastain told Abel Garcia that nearly all of her clients are struggling with credit card debt and offers these tips to get those balances paid down.

Debt Consolidation Explained (Pros and Cons):

Debt consolidation is a financial strategy that involves combining multiple debts, such as credit card balances, loans, or other outstanding obligations, into a single, more manageable loan or payment plan. By doing so, borrowers can simplify their financial situation and potentially secure a lower interest rate or more favorable repayment terms. This consolidation typically occurs through a personal loan, balance transfer credit card, or home equity loan. The main aim of debt consolidation is to streamline payments and reduce the overall financial burden, making it easier for individuals to regain control of their finances and work towards becoming debt-free.

This video goes over what debt consolidation is but also covers off some of the key pros and cons that individuals should consider when it comes to debt consolidation.

Please note that this video is for educational and entertainment purposes only and should not be considered financial advice.

Join April as she reviews her August debt snowball and savings challenge

#savingchallenge #savingmoney #moneysavingchallenge

Don’t forget to swing by our Etsy store to pick up the latest in Tiny and mini challenges, trackers, and savings challenges got to: BudgetingSistersShop.Etsy.com