You’ve heard of Debt Snowball and/or Debt Avalanche. You might be wondering what’s the difference between them. You might also be wondering if one is better than the other. Let’s compare Debt Snowball vs Debt Avalanche. DEBT SNOWBALL When you…
When you buy a new car, you have that great new car smell. Unfortunately, it doesn’t last anywhere near the length of the car payments. Many of you decide within four years to get a new car. This is the…
Combining your student loans does not refer to consolidating multiple students into one. What I am talking about is when two people marry and they combine their debt. They decide, well we are married and all of debt should be…
By Cliff Dansby Contributing Author Money, everyone says, is “the root of all evil”. Many Christians and non-Christians alike misquote this teaching from the apostle Paul in the New Testament book of 1 Timothy. However, it’s the love of money and…
You can have no credit card debt in 21 months. If you have a strong FICO score, you should look into applying for a Citi Similipcity Card. This card offers 21 months of no interest payments on balance transfers or…
What do I mean by make it zero? It means eliminating your debt to nothing. Many of you are trying to adhere to the debt avalanche or the debt blast. However, you might be feeling a bit frustrated. If you…
Some of you might be planning summer weddings. If so, congratulations. However, before you start saying, “We are going spend X number of dollars on the wedding.” You need to rephrase that statement with, “Are we able to afford to…
Unpaid credit card can rapidly become expensive and reach a point of ludicrously expensive. You need to blast the debt!. The majority of interest rates charged on credit cards is tied to the Federal Funds rate controlled by the Federal Reserve (Fed).…
If you have a storage unit or storage units, you are most likely paying anywhere from $45 to over $100 a month depending on the size of the unit. If you rent a climate controlled unit, then the costs are even higher.…
