Debt Management Made Easy: From Ratios to Savings Plans

Produced & Hosted by Amanda Leader

Co-Hosted by Cate Morris of Scout Financial Solutions

In this episode of Masaska, Cate emphasizes the importance of financial wellness and community engagement. She discusses effective strategies for managing debt, including calculating your debt-to-income ratio using both gross and net incomes. Cate also highlights the benefits of creating savings and investment plans, such as establishing emergency funds, planned spending accounts, and long-term investments like RRSPs and TFSAs.

Additionally, the episode shines a light on upcoming events, including the 2024 Canadian Native Fastball Championships and the Saskatchewan First Nations Tony Cody Summer Games. Listeners are encouraged to get involved, volunteer, and support Indigenous youth in their communities.

Join us for valuable insights on improving your financial health while making a positive impact in the community!