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Artwork for Debt Free in 30

Debt Free in 30

Doug Hoyes
Debt
Debt Management
Budgeting
Personal Finance
Inflation
Credit Card Debt
Credit Score
Credit Cards
Interest Rates
Canada
Consumer Proposals
Consumer Proposal
Payday Loans
Bankruptcy
Student Loans
Emergency Fund
Debt Collection
Housing Market
Real Estate
Cost Of Living

Each week Doug Hoyes talks to industry experts about debt, money, and personal finance. Don't be confused; listen as the guest experts cut through the jargon and share practical advice.

PublishesWeeklyEpisodes635Founded12 years ago
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Artwork for Debt Free in 30

Latest Episodes

Rounding up your income or leaving debts off a credit application may help you get approved. But it does not give you more money to repay what you borrow. Learn more about credit and rebuilding your credit score with our free online course after the ... more

If someone asked you right now how much you owe, you'd probably have a number. It's probably low.

Doug Hoyes and Ted Michalos see it constantly: someone says, "I think I owe about $20,000," yet once every debt is listed it turns out to be $40,000 ... more

If you carry $5,000 on a credit card at around 20% interest, keeping that balance can cost roughly $1,000 a year. Making the minimum payment may keep your account in good standing, but it does not mean you are paying the debt off.

Doug Hoyes and T... more

What does it really mean when you max out your credit card?

A maxed-out card may look like a credit problem, but often the real issue is cash flow: you're spending more each month than you have available, and credit is filling the gap. Take our fre... more

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Recent Guests

Ted Michaelis
Debt and personal finance expert, frequent guest on the show
Independent financial advisor/consultant
Episode: 631 – Carrying a Credit Card Balance? What It Really Costs You
Ted Michalos
Debt relief professional, founder of Hoyes Michalos
Hoyes Michalos
Episode: 630 – Maxed Out? The Real Problem Isn't Your Credit Limit
André Bolduc
CARP representative seated beside Hoyes
CARP (Canadian Association of Insolvency and Restructuring Professionals)
Episode: 622 – What I Told Parliament About Canada's Debt Crisis
Wes Cowan
CARP representative appearing by video
CARP
Episode: 622 – What I Told Parliament About Canada's Debt Crisis
Ron Butler
Founder of Butler Mortgage
Butler Mortgage
Episode: 595 – Mortgage Renewal Shock: What Homeowners Need to Know for 2026 | Ron Butler
Charlie Kovacs
Credit counselor and student in the trustee program
Hoyes Michalos
Episode: 588 – Are You Financially Fit Enough to Invest?
Scott Terrio
Specialist at Young and King in Toronto
Young and King
Episode: 586 - Should You Use Your Home Equity to Pay Off Debt in This Market?
Maureen Parent
Financial expert and regular guest
Kanata, Ontario
Episode: 581 – Why the Best Financial Advice Sounds Boring – But Works
Charlie Shirk
A financial expert with a focus on consumer behavior and debt management.
Hoyes Michalos
Episode: 552 – Gamified Spending: The Hidden Dangers of Retail Tricks

Host

Doug Hoyes
Host of the show; debt relief and personal finance educator; affiliated with Hoyes Michalos & Associates

Reviews

4.6 out of 5 stars from 339 ratings
  • Used to be AMAZING! Now its overproduce video to podcast garbage.

    This used to be one of my favourite podcasts for Canadian finances!

    In the recent episodes it has become overproduced and too many sound effects and cuts to the conversation. Sentences are cut for sound effects and thoughts / bullet points are stopped.

    I feel it’s become too overproduced and no longer a great conversation between experts in Canadian finances!

    Keep it simple!

    Apple Podcasts
    1
    Tbouw
    Canada2 months ago
  • Doug Rules!

    I love this podcast! It’s quick, to the point, relevant, human, and hilarious. Good advice is worth repeating. Doug is like a smart family member that you know you should listen to. Shout out to Ted of course.

    Worth every minute….thirty of them.

    Apple Podcasts
    5
    jlcnow
    Canada3 months ago
  • Okay but could be better

    First, the positives. It is great to have financial advice content that is by Canadians for Canadians, and the hosts seem to have a lot of experience in this area.

    For me, the hosts are very stuck in a time when the financial landscape looked very different. The hosts are insistent that neither traditional budgeting nor modern budgeting methods work, that they are “old guys from the 80s” and use phrases like “back in my day” and “on the interwebs”. I’m sure this is appealing to a particular dem... more

    Apple Podcasts
    3
    CharlotteLDove
    Canadaa year ago
  • Enjoyable and informative

    I look forward to each weeks episode and learn something new each time.

    Apple Podcasts
    5
    Kelly McRager
    Canadaa year ago
  • Yikes

    The host never seems as though he wants the expert’s true opinion. He wants the expert to support whatever his opinion is.

    Apple Podcasts
    1
    yabadabadosha21
    United States2 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners value actionable steps and real‑world examples.
Fans praise consistent, clear guidance that helps with debt payoff and budgeting.
Canadians appreciate the Canadian focus and practical debt advice.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#75
Canada/Business/Investing
Apple Podcasts
#190
Canada/Business
Apple Podcasts
#178
Philippines/Business/Investing
Apple Podcasts
#245
New Zealand/Business/Investing
Apple Podcasts
#247
South Africa/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

631 – Carrying a Credit Card Balance? What It Really Costs You
Q: What practical steps can someone take to reduce debt quickly?
Stop adding new charges, use a repayment calculator to plan fixed payments, consider a consolidation loan if appropriate, and ensure there is a clear plan to pay off the balance in full rather than just servicing the debt.
631 – Carrying a Credit Card Balance? What It Really Costs You
Q: What is the grace period and how does it apply to cash advances vs purchases?
The grace period applies to purchases and gives a window before interest accrues, typically about 21 days, but it does not apply to cash advances, which start accruing interest immediately.
631 – Carrying a Credit Card Balance? What It Really Costs You
Q: What does paying in full actually mean on a credit card statement?
Paying in full means paying the statement balance by the due date, which avoids interest on purchases, but it doesn't necessarily mean you won't owe for transactions after that statement date.
625 - Best Of Day-To-Day Debt Management Advice
Q: What is the true cost of a loan beyond the monthly payment?
The discussion emphasizes looking at the total repayment over the life of the loan and the true cost of debt, including interest, rather than just the monthly payment.
619 - Payday Loans in Disguise: The Slick New Ways Apps Get You Hooked on Credit
Q: Are these actually payday loans?
Technically they often don't meet the traditional payday loan definition, because they're marketed as quick access, with features like instant funding and subscriptions, rather than the classic two-week loan with a fixed fee. They're payday loan-like but operate in a different regulatory and marketing framework.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
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Professions
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Frequently Asked Questions About Debt Free in 30

What is Debt Free in 30 about and what kind of topics does it cover?

In-depth, action‑oriented discussions around debt, personal finance, and budgeting with a Canadian lens. Regular hosts invite topic experts to translate complex financial concepts into practical advice, covering credit, debt strategies, consumer protections, budgeting hacks, and the cost of modern money choices like BNPL and subscription traps. Episodes frequently highlight clear steps, real‑world scenarios, and boundaries around generosity, while challenging listeners to think critically about risk, cash flow, and long‑term resilience. A standout is the consistent emphasis on math over emotion, with accessible guides to avoid debt spirals and to build healthy financial habits, making it especially useful for Canadians seeking concrete guid... more

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Debt Free in 30 launched 12 years ago and published 635 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Debt Free in 30?

Recent guests on Debt Free in 30 include:

1. Ted Michaelis
2. Ted Michalos
3. André Bolduc
4. Wes Cowan
5. Ron Butler
6. Charlie Kovacs
7. Scott Terrio
8. Maureen Parent

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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