• 41:31 - 44:04
Managing Your Personal Cashflow with Raymond Holt
Consumer Debt, Interest Rates, Consolidation Strategies
Raymond Holt advises attacking high-interest consumer debt by consolidating it into lower-rate accounts. He compares debt to a "leaky boat" that must be plugged before it can be filled with wealth. Jonnie Jensen shares his experience with consolidating credit cards and the importance of playing to each partner's strengths in a relationship when managing household funds.