Debt Free In 30

Is debt still avoidable, or has borrowing become a fact of life in Canada? Ontario Licensed Insolvency Trustees Doug Hoyes and Ted Michalos answer our questions, share a simple test to assess new debt, and provide an action plan for those struggling to make ends meet. (00:00)  What’s changed in Canada’s economy recently? (02:30)  The problem with “good debt” as conventional wisdom (04:00)  Auto loans: smart purchase or risky commitment? (10:00)  Student loans: are they worth it? (14:00)  What the household debt-to-income ratio tells us (17:00)  Red and green flags when borrowing money (18:45)  Is it still possible to live debt-free in Canada? (20:00)  Doug & Ted’s 5-point test for smart borrowing (22:00)  Understanding the hidden risks of borrowing (23:50)  Your debt action plan: what to do starting today (25:00)  Mortgage tips: borrowing for a home in today’s market (27:30)  The best kind of debt - and what to do if yours isn’t working for you DEBTASIZED – Full Length Documentary Debt Repayment / Con