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From the highest offices of government to your personal bank account, debt is a big part of your daily life. Congress deals with the country’s debt by raising the government’s limit just before the deadline. But most people have no such power over how they pay off their mortgages or student loans.
We’ll discuss different kinds of debt and how the people’s views have changed over the years. We’ll also talk about strategies to get out of debt and preparing your budget for the holiday spending season. When is taking on debt a good idea?
Guests:
Tanya Fiddler (Cheyenne River Sioux) – executive director of the Native CDFI Network
Chrystel Cornelius (Oneida/Chippewa) – executive director of Oweesta
Break Music: Tha Mash Up (song) Wayne Silas, Jr. (artist) Infinite Passion (album)