The Debt Payoff Planner

Episode 6 March 14, 2022 00:28:47
The Debt Payoff Planner
The Money Fit Show
The Debt Payoff Planner

Mar 14 2022 | 00:28:47

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Hosted By

Todd Christensen

Show Notes

The Money Fit Show

Episode #2

The Debt Payoff Planner, Brady Benware, Co-creator of Debt Payoff Planner

It all started during a Thanksgiving dinner conversation with his brother-in-law. Brady Benware and his co-creator of The Debt Payoff Planner wanted to remove one of the biggest barriers that consumers bump up against when trying to create a debt repayment plan: doing the math. In this episode, host Todd Christensen speaks with Brady about how they incorporated elements of human psychology into their product and why willpower is not enough.

  1. Automating the complexities of doing the math of getting out of debt
  2. The frustration of relying on willpower only when getting out of debt
  3. How automation addresses the snowball versus avalanche dilemma
  4. Celebrating every milestone along the way to debt freedom to stay motivated
  5. Incorporating human psychology into the debt elimination process
  6. Keeping progress front-of-mind to stay motivated
  7. Story of a woman with $45k of debt
  8. The 5 approaches for paying off debt

Links referred to in the episode, and how to connect with the guest, Brady Benware:

- The Debt Payoff Planner

- Brady Benware on Twitter (@brady_benware)

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