12 – Challenges of Managing Money in a Booming Economy – Barton Goth
Debt Free in 30 · Douglas Hoyes
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Show Notes
Today’s guest is Barton Goth, a bankruptcy trustee from Alberta who tells us that even in an economy booming due to the oil industry, personal debt is still a big problem.
Barton explains how even highly paid oil patch workers can get into debt problems, and he offers some practical solutions for becoming debt free.
Barton discusses consumer proposals, a legislated debt settlement option that is now more popular than bankruptcy in both Alberta and Ontario.
In the bonus podcast only segment Barton discusses other differences between Alberta and the rest of the country, and offers additional practical advice.