Winning the Money Game This Festive Season | Beat the Debt Trap

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Welcome back to Winning the Money Game on Impact Radio!
In this series, host Onalerona Dikhing sits down with Jaco de Wet, chartered accountant, financial planner, and founder of Writing with Rands, to help listeners navigate their finances God's way.

In this episode, we tackle a topic that can quietly undo all your planning: debt.
Before the heavy spending season hits, this episode arms you against festive-season debt and offers a clear, hopeful way out for anyone already caught in the cycle.

In this episode, we explore:

What debt actually is in plain language—borrowing from your future self.

The distinction between "good debt" (investing in assets or education that produce income) and "bad debt" (consumer debt and instant gratification).

Why this time of year is especially dangerous for sliding into debt traps.

A grace-filled, biblical perspective on debt, moving past shame and stepping into true financial stewardship.

Practical, step-by-step strategies (like the Debt Snowball and Debt Avalanche methods) to start paying off debt and finding freedom.

Action to Land:

1. List every debt you have with its exact balance, monthly repayment amount, and interest rate.

2. Choose a repayment strategy and take that first step to reclaim your future.

Key Takeaway: When you borrow, you are borrowing from your future self—diligence and planning break the cycle.

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13 Nov English South Africa Religion & Spirituality · Education

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