Drowning In Debt: Secrets To Managing Debt
Episode Overview:
Debt can be a double-edged sword—helpful when managed well, but overwhelming when it spirals out of control. In this episode of The Fat Kitty Fund, we’re diving deep into the world of business debt. Whether you’re dealing with mounting bills or considering taking on new loans, this episode is packed with strategies to help you regain control, make informed decisions, and use debt as a tool for growth.
If debt feels like a weight dragging your business down, this episode offers actionable advice to help you rise above it and move toward financial freedom.
What You’ll Learn in This Episode:
- The different types of debt and how they impact your business.
- How to assess your current debt situation and prioritise repayments.
- Strategies to negotiate with creditors and reduce debt stress.
- Smart ways to leverage “good debt” for growth opportunities.
- Tools and systems to keep your debt under control moving forward.
Why This Episode is a Must-Listen:
Debt is one of the biggest challenges small business owners face, but it doesn’t have to be a dealbreaker. With the right strategies, you can take charge of your finances, reduce stress, and create a solid plan for managing debt in a way that works for your business goals.
Links & Resources Mentioned:
- Check out ASIC’s MoneySmart Business Debt Resources for budgeting and debt tools.
- Learn about debt consolidation options and solutions at National Debt Helpline.
Let’s Connect!
- Need support managing your business debt? Book your free 15 min discovery call or connect with me on socials @theluxeadvisory.
- Don’t forget to subscribe, share this episode, and leave a review! It helps more small business owners like you find The Fat Kitty Fund.
Your Financial Sidekick,
Jess
