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Meet Igor Meystelman, a debt specialist who gives us an inside look into the world of debt. He uncovers the real truth behind credit cards like you've never heard before and shares eye-opening stories about the debt people are facing behind closed doors. He was so eloquent and quite a few of the things he shares will really open your mind during our latest Kosher Money episode. To contact Igor, email [email protected] or [email protected] Igor has his own podcast on relationships. • iOS: https://tinyurl.com/igorios • Spotify: https://tinyurl.com/Igorspotify ✬ SPONSORS OF EPISODE 74 ✬ ► COLEL CHABAD: Please help Israel as its people need all the help they can get! Visit https://www.ColelChabad.org/KosherMoney to make a much-needed donation! ► THE DONOR'S FUND: More people are using this banklike system for charity. With a sleek mobile app or desktop solution, you can keep all your charity giving in a single place, plus there are about a dozen additional perks. Get your account here: https://thedonorsfund.org/koshermoney ► TWILLORY: Get $18 OFF your first purchase of absolutely comfortable clothing for today's casual professional look. Use code CHAI at https://Twillory.com/KosherMoney CHAPTERS: 00:00 Intro 02:20 What Does Igor Do For A Living? 03:20 The National Credit Card Debt Problem 11:12 The Credit Card Illusion 13:02 Credit Card Debt by the Numbers 15:04 Credit Card Company’s Saviness 17:46 I’m In Debt, Now What? 23:00 Colel Chabad 24:35 How to Stop the Snowball Effect of Debt 32:12 How to Help Others in Debt 36:06 Paying Off Debt with Equity: Good Idea? 39:28 The Donors Fund 41:21 Necessities Vs. Luxuries 46:27 How Credit Companies Get You 49:39 Is Freezing Your Credit a Good Idea? 51:18 Filing for Bankruptcy 54:08 Twillory 55:21 Giving Your Identity to Someone Else 58:46 Becoming a Marriage Counselor 1:05:36 Outro & Book Giveaway ✬ Donate and Inspire Millions (Tax-Deductible) ✬ Your generous donation enables us at Living Lchaim to share uplifting & insightful content! » https://www.livinglchaim.com/donate Follow Kosher Money for Bonus Shorts: TikTok - / koshermoneypod Instagram - / koshermoneypod Follow Living Lchaim for More Goodies: TikTok - / livinglchaim Instagram - / livinglchaim Facebook - / livinglchaim LinkedIn - / living-lchaim Free Call-In-To-Listen Hotline: USA: 605-477-2100 UK: 0333-366-0154 ISRAEL: 079-579-5088 Need financial guidance? Get help from our friends at https://LivingSmarterJewish.org/ WhatsApp feedback to 1-914-222-5513 All investment strategies and investments involve risk of loss. Nothing contained in our content, ads and videos should be construed as investment or actual life advice. #KosherMoney #KosherMoneyPod #Debt #CreditCard #CreditCards