At some point in life, you're going to need a loan. But before you sign on the dotted line for a loan, figure out if you can afford it. How? That's the focus on today's podcast. Ted Michalos is back to share practical advice for how to figure out loan costs by yourself so you don't get take on more debt than you can handle. Ted and Doug review three common loan types: debt consolidation loans, auto loans, and installment loans. Tune in for lots of great tips!

Resources Mentioned in the Show:

Debt Consolidation Loan Calculator: https://www.calculator.net/debt-consolidation-calculator.html

Car Loan Calculator: https://wowa.ca/car-loan-calculator

Installment Loan Calculator: https://www.calculator.net/loan-calculator.html

431 – Loan Affordability: What To Know Before You Borrow