MarketScale
‹ Back to Industries

Healthcare

New Approach to Debt Management and Preventing Bankruptcy

Financial advisors reveal how personalized debt strategies help individuals regain control before crisis sets in

By Cara Schildmeyer · August 4, 2023, 1:43 PM UTCDebt ManagementFinancial HealthFinancial StabilityFinancial Wellness
Share

Key takeaways

01

Personalized debt strategies can help prevent financial crises.

02

Over 50% of Americans are struggling with credit card debt.

03

Financial counseling is increasingly important during economic challenges.

As financial challenges persist, more individuals seek assistance in managing debt and achieving financial stability. Over 50% of Americans are concerned with their ability to pay off their credit card debt this year, emphasizing the urgency of discussing financial wellness solutions.

How can you take control of your financial future and tackle credit card debt?

On this episode of SECURE by FinFit, join Host Charles Lattimer, Chief Innovation & Growth Officer at FinFit, and Kristen Holt, President & CEO at GreenPath Financial Wellness, as they delve into the mission of empowering people to lead financially healthy lives through financial counseling and explore how GreenPath's debt management programs have impacted millions of lives.

Lattimer and Holt also discuss:

  1. The evolution of GreenPath Financial Wellness and its mission to empower financial health.
  2. Debt management programs and their effectiveness in reducing credit card debt.
  3. Addressing the increasing demand for financial counseling amidst economic challenges.

Kristen Holt is the President and CEO of GreenPath Financial Wellness, a national nonprofit organization with over 50 years of experience in empowering individuals to lead financially healthy lives. With a background in finance and a passion for making a positive impact, Holt's journey in the financial wellness industry has been driven by a commitment to help people achieve financial stability.

About the author

CS
Cara Schildmeyer

Free workspace

You just read one expert. Imagine publishing yours.

This article was produced through MarketScale. Create a free workspace and turn your own team's expertise into articles, video, and social, at scale. No credit card, no demo required.

Request invite →Book a demoNPS +73 · 1,000+ creators · 38+ countries

Explore More Healthcare Insights

Discover expert perspectives across the full Healthcare vertical.

Browse Healthcare Hub

About the Experts

CS
Cara Schildmeyer
CL
Charles Lattimer

Chief Innovation & Growth Officer

FinFit

KH
Kristen Holt

President & CEO

GreenPath Financial Wellness

Kristen Holt is the President and CEO of GreenPath Financial Wellness, a national nonprofit organization with over 50 years of experience in empowering individuals to lead financially healthy lives. With a background in finance and a passion for making a positive impact, Holt’s journey in the financial wellness industry has been driven by a commitment to help people achieve financial stability.