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…
We all know that the secret to becoming a successful investor, you must “buy low and sell high.” But if you’re like most investors, you don’t always know when it’s a good time to buy a particular investment. With the best investing tools, you can easily make sound investments that help you build long-term wealth…
It’s starting to get warm out there again, which means one thing… Time to tune up and turn on those air conditioners while trying to save money on your cooling bills. Tough job! If you’re anything like me, then you know how uncomfortable it can be when you’re hot in your own home. I hate…
Vacation. It is an annual rite of passage for many families across the summer. Besides Christmas, vacation is usually the largest one-time expense each year. We all want to have an awesome vacation, no matter if we stay near for a staycation, or book an international trip for a few weeks. Budgeting for a nice…
With the holidays getting closer, it’s time to start a budget for the gifts you plan to give. No matter if you have kids, significant other, family, friends, etc., you should be planning on how much you want to spend and how you will earn that money. There is no point in going into debt…
The media loves to regularly point out that Americans struggle to afford an unexpected $500 bill. What many of us don’t realize is that if you’re having trouble paying for life’s surprises, you probably struggle to buy groceries and pay your rent every month too. Being able to save money on groceries is an easy…
You don’t make a lot of money and you’ve worked hard to get out of debt. Now that you have the taste of what it’s like to not have a monthly interest payment for maybe the first time ever as an adult, the last thing you want to do is go back into debt. But,…
What Do You Want To Do With Your Money? Welcome to Wealth Bytes, where we’re about as passionate about your money as we are with our own. After struggling with massive debt and fighting through it, I’ve come to realize that too many are in the same position I was. After paying it all off…
Have you heard about the magic penny before? What about turning one little penny into over $10 million? No? Well, before we go on to talk about this magical penny, let me ask you a simple question and I want you to answer it honestly. Would you rather have $1 million or one penny doubled…
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…
No matter if you’re shopping for back to school supplies, birthday presents, Christmas gifts, or just for you, Amazon can be an awesome place to find good deals and fast shipping! I’m a huge proponent of shopping on Amazon. I’m a Prime member and I don’t mind showing my support. They make shopping online so…
If you are even halfway serious about trying to get out of debt or simply want to spend $100 less a month, one of the first steps you need to take is monitoring your monthly spending. Before you think that the only way to track how much you spend is to pay for a monthly…
