Getting Beyond Shame and Blame to Reduce Your Debt

The MoneySaver Podcast

In episode #14 of the MoneySaver Podcast, Ellen Roseman chats with Shannon Lee Simmons, CFP and author of Living Debt Free about how she racked up over $9000 worth of debt in a fourteen month period and how guilt, shame and regret took over because of the debt.

Questions Asked:

1:29 Tell us about the experience of being in debt and what you learned from it.

5:17 And you were worried about your now husbands reaction. But it turned out to be ok?

7:16 How long did it take for you to raid your RSP to clear up the debt?

12:05 What made you decide to write your book and how is it different from other financial books on the market?

17:52 How long have you been a financial planner?

18:15 You’ve actually included some case studies in your book.

19:33 I understand that your main focus is the average, everyday Canadian. How do you make financial planning accessible to those who may not necessarily be able to afford financial planning?

21:47 What does affordable mean in terms of your services?

26:34 Do you find that online courses work well?

32:02 What are your three best tips on money, life, and managing your money and your life.

Ellen’s Tips and Tricks : What you can do when you run into problems with your new or newly purchased used car!