Wednesday, June 23
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Tag: Getting Out of Debt

Financial Advice Keeping You Broke & In Debt

Arlington
The post Financial Advice Keeping You Broke & In Debt appeared first on Penny Pinchin' Mom. Financial advice is great – when it is the right type of advice.  There are tips and strategies that can make you money.  However, there is also a lot of advice that will do nothing but keep you broke and in debt.  These are things you don’t want to listen to. I remember when I was younger, my mom told me that I had to get a credit card because it would be important for any emergencies which came my way.  I followed her advice and got a credit card. And, wouldn’t you know it, the first time I used it was for an emergency. Or, what I thought was an emergency. I woke one snowy morning and someone had hit my car — and fled. No note on my windshield.  Just a dented...

How the Debt Snowball Works

Arlington, Debt
This page may include affiliate links. Please see the disclosure page for more information. You may have heard of Dave Ramsey’s debt snowball as a popular method for getting out of debt. We’re going to share how the debt snowball works so you can decide whether it’s a smart way for you to get your debt paid... Read more The post How the Debt Snowball Works appeared first on Debt Discipline. How the Debt Snowball Works was first posted on November 23, 2020 at 11:46 am.©2019 "Debt Discipline". Use of this feed is for personal non-commercial use only. If you are not reading this article in your feed reader, then the site is guilty of copyright infringement. Please contact me at brian@debtdiscipline.comSource: debtdiscipline.com

9 Ways to Pay Off Your Debt In As Little As 30 Days

Arlington
The post 9 Ways to Pay Off Your Debt In As Little As 30 Days appeared first on Penny Pinchin' Mom. Paying off large debts usually requires a long-term game plan. But just a couple of easy steps can help you pay off your smaller debts in a short time frame. Want to buckle down and eliminate debt quickly? Here are nine ways to pay off your debt in 30 days or less. PAYING OFF DEBTS FAST 1. Set a realistic goal Most people can’t reasonably expect to quickly pay off a mortgage or new car loan. To eliminate debt in 30 days, you’ll need to pick the one you can realistically pay off. Look for a small credit card balance or a loan that’s approaching a zero balance. 2. Use the ‘snowball method’ With the snowball method of debt repayment, you focus on paying off your smallest l...