Description

What are you doing with your tax return this year? Before you do anything, in this episode of "Your Credit Today," Angela challenges the common advice of using your tax refund to pay off credit card debt and offers smart, strategic alternatives. Discover how to break the cycle of debt and make smarter money moves for long-term financial success.

• Understand why relying on a tax refund to pay off debt isn't solving the core financial problem.
• Learn about the importance of investing in yourself and starting an emergency fund with your tax refund.
• Discover how to create a monthly plan to tackle expenses and reduce debt consistently.
• Explore the potential for using your tax refund to invest in your future and strategic opportunities.
• Gain insights into reworking your budget for financial control rather than just debt relief.

Thank you for listening to Your Credit Today! If you haven’t subscribed yet, make sure to hit that button, and share this episode with friends and family who want a financially peaceful holiday season. For personalized financial coaching, reach out by emailing me at Angelas@conquercredit.com or visiting angelabessard.com. And if your organization could use some financial wellness training, don’t hesitate to contact me—I’d love to help you and your team enjoy a stress-free holiday season!

https://angelabessard.com/contact/

https://www.instagram.com/realcreditqueen/

https://www.linkedin.com/in/angela-setters-bessard/

If you found this episode helpful, save it, share it, and don’t forget to subscribe for more empowering conversations about building credit, wealth, and financial confidence

00:00 In "Your Credit Today," host Angela Setters Bessard advises against using tax refunds to pay off credit card debt and offers alternatives for long-term financial success. Subscribe for tips on better financial management.

04:14 Don't rely solely on tax refunds to manage debt; instead, change financial habits and consider investing in yourself.

08:52 Plan and invest wisely to secure your financial future, regardless of income level.

10:40 Plan yearly to avoid financial pitfalls and ensure cash flow covers debts.

16:08 Coaching her to track spending daily on a whiteboard was healing, revealing unconscious spending habits.

18:04 Modern finance is digital and accessible, requiring discipline and awareness of spending, savings, and taxes, regardless of wealth.

21:31 Stay focused on your goals, remove negative influences, and make smart financial decisions.

Hosted on Acast. See acast.com/privacy for more information.