Are you struggling with debt?
Ingram discussed the difference between "good debt", "bad debt" and "neutral debt".
He also discussed debt consolidation - the refinancing of debt by taking out one loan to pay off many others.
There are a number of advantages (e.g. lower cost of debt, simplicity, etc.) and, of course, a few disadvantages.
Listen to the interview in the audio below (and/or scroll down for quotes from it).
Using debt to buy clothes, furniture, appliances or holidays is bad. There’s never a good reason to use debt to buy any of those things.— Warren Ingram, Galileo Capital Financial Advisor
Buying with debt an asset that increases in value is good.— Warren Ingram, Galileo Capital Financial Advisor
Debt consolidation is a good idea in about two out of 10 instances. However, for the majority of people it will become an enabler.— Warren Ingram, Galileo Capital Financial Advisor
Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.
The Money Show’s Bruce Whitfield interviews Galileo Capital Personal Financial Advisor Warren Ingram.
Your rights (and their responsibilities) upon retrenchment. Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
Don’t even try, because inflation will eat you for lunch, says personal financial advisor Warren Ingram.
Returns are low, interest rates are dropping and politics are uncertain. Tips from personal finance guru Warren Ingram...
With the political climate as volatile and rife, the US might not be the best country to keep your overseas capital.
Warren Ingram explains why it is that women clearly outperform men.
Favourites to feed your soul on Sunday.
Stephen Grootes weighs in on comments made by the Zion Christian Church Bishop at the weekend.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.
Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
Patrick Soon-Shiong, son of Chinese immigrants to SA, is the world’s richest doctor and the wealthiest resident of Los Angeles.