How to Play Defense on Your Debt—Even in an Economic Downturn

Matt Goren landscape
October 22, 2020

With the COVID-19 pandemic forcing people to stay at home and spend less than normal, there could be opportunities to use that extra savings to pay down long-standing debts. But which approach to doing this, from refinancing debt to total repayment or even stretching out low-interest debt, is right for you?

Matt Goren, assistant professor of financial planning, takes a look at the pros and cons of all these options in his article for Kiplinger.

Invest in your career with a professional designation.

To succeed in the contemporary financial services marketplace, you need strong foundational knowledge in advanced financial concepts combined with the specialized skills to advise a diverse clientele facing a range of modern challenges. The eight-course Chartered Financial Consultant® (ChFC®) designation program will give you those skills, ensuring you’re prepared to address today’s financial realities.

Learn More