WalletWorks

Tips & Tricks for Eliminating Debt

October 04, 2021 PSECU Financial Wellness Team Season 1 Episode 1
WalletWorks
Tips & Tricks for Eliminating Debt
Show Notes

WalletWorks Podcast – Episode 1: Tips & Tricks for Eliminating Debt

Tackling your debt can feel overwhelming. In this episode covering Tips & Tricks for Eliminating Debt, we’ll discuss strategies for paying down debt – like snowball vs. avalanche – and how to find extra funds in your budget without skipping a cup of coffee or clipping coupons. We’ll share ideas for reducing your expenses and how to determine if debt consolidation is right for you. 

Wondering how debt impacts your credit? Learn more about what impacts your credit score the most and what tools can help you monitor your credit throughout your debt payoff journey. If you’re a PSECU member with a checking account or loan, you can sign up for our free credit score service* to monitor your score each month. 

In each episode, we’ll tackle listener questions. This week our audience has questions about 0% interest offers, why credit scores drop after paying off debt, and if you should carry a balance on your credit card to help build credit.

If you have a financial question you’d like to ask, email the WalletWorks podcast at walletworks@psecu.com. All submissions will remain anonymous. Visit psecu.com/learn for additional financial tips & tools from our WalletWorks program. 

To access your credit report, visit www.AnnualCreditReport.com, the only website authorized by the federal government to provide your credit report for free.

 

* PSECU is not a credit reporting agency. Members must have PSECU checking or a PSECU loan to be eligible for this service. Joint owners are not eligible. 

The content provided is for informational purposes only. Nothing stated is to be construed as financial or legal advice. Some products not offered by PSECU. PSECU does not endorse any third parties, including, but not limited to, referenced individuals, companies, organizations, products, blogs, or websites. PSECU does not warrant any advice provided by third parties. PSECU does not guarantee the accuracy or completeness of the information provided by third parties. PSECU recommends that you seek the advice of a qualified financial, tax, legal, or other professional if you have questions.