The Debt Avalanche is another popular debt repayment method which focuses on paying off debts in a calculated manner by focusing on how much interest you pay. Unlike the Debt Snowball method, you pay off debts based on the interest rate. When I was in over $75,000 of debt, the debt avalanche is what I…
If you’re looking to pay down debt, then you’ve probably heard of the Debt Snowball. This debt repayment method was made famous by Dave Ramsey as part of his 7 Baby Steps. The Debt Snowball is used as part of Step 2. In this money short, we ask what is the debt snowball and give…
Paying off debt is hard for anyone. It’s always on your mind until it’s gone and wiped clean. Debt hovers over you like a dark cloud just waiting to storm. Those clouds seem to be even darker when you have a low income. Without the necessary funds to pay down debt quickly, it can feel…
The new year is here and I’m sure you’re ready to get started on your resolutions. Typically people are focusing on their weight, especially after two holidays of eating good food. I know I could lose a few pounds after this holiday break. More importantly, some are focusing their goals on their finances and I…
Not everyone has the money to start investing, or so they think. Did you know you can invest with just a few dollars each month or even just spare change? Do you want to build a small nest egg by investing a few dollars at a time? Then you should consider one of these micro-investing…
If you forgot, Father’s Day is this Sunday, 6/18. I don’t think much about gifts for Father’s Day because I have a hard enough time to come up with gift ideas for my birthday. As I have grown older, I have enjoyed spending time with family over the material gifts. So, I like the experiences and…
Have you ever ordered something just to find out the price dropped just a few days after you purchased? If you’re lucky, you can go back into the store and ask for a price adjustment refund. Yes, some of the bigger stores do that sort of thing. The issue is, it can be very difficult…
This blog post is part of the Pay Down My Debt (PDMD) blog tour, sponsored by US Equity Advantage. PDMD is a solution that accelerates debt payoff and helps consumers monitor their credit and make smarter purchasing decisions. If you’re looking to pay off debt find out how they can help. I still have a…
Children want things. Lots and lots of things! At least, I know that mine do. This has been an ongoing battle since I can remember. However, since it is an ongoing battle, I decided that it makes much more sense to turn these wants into teachable moments. Wants vs. Needs The first step in the…
If you weren’t aware, Mother’s Day is right around the corner. May 8th in fact. I’m sure you haven’t forgotten about the mother in your life, but if the day has come up faster than you thought, then maybe it’s time to sit down and think about a few things. What do moms really want…
I’m constantly asked how one should pay off debt. It’s extremely hard to answer, because it’s generally based on personal experiences and preferences. That being said, I firmly believe in paying off debt and saving money at the same time. Why? It’s because that’s how I did it and I showed it was possible…
Latest Update: T-Mobile NO LONGER offers the $30 wireless plan. Sorry. They removed it in the beginning of 2017. They have since replaced it with a $40 plan with 10GB of 5G LTE data per month and $50/month for unlimited data These also include mobile hotspot usage. You can view them here. T-Mobile is working…
