If you want to be debt free, you need a strategy. The average US household has $54,000 in credit card debt. If you're in debt, you really need a plan. The good news is that you have more than one option. There are several ways to get out of debt, but the two most used ways are called the debt snowball and the debt avalanche. Let's look at the differences and see … [Read more...] about How to Pay Off Your Debt: The Debt Snowball Vs. The Debt Avalanche
debt snowball
7 Everyday Habits You Need to Reach Your Financial Goals
According to Professor Robert Mooradian of Northeastern University, millions of Americans are dealing with the emotionally and physically taxing consequences of debt every year. We all want to make our financial goals, like getting out of debt, a reality, but few ever make it without changing their everyday habits. Before we get into the list of habits that will change your … [Read more...] about 7 Everyday Habits You Need to Reach Your Financial Goals
4 Great Strategies For Paying Off Student Loans
This is an awesome post by Allen Kors, Founder and CEO of Achieve Lending. You can learn more about him at the end of the post. Write for us. You've graduated college, now your student loan forbearance or "grace period" will end soon and you don’t know how to formulate a payoff strategy. For those who don’t know where to start, below are 4 tried-and-true strategies to … [Read more...] about 4 Great Strategies For Paying Off Student Loans
DEBT – Dump Your Debt
This is a quick guide on dumping your debt. Debt comes in many forms, such as mortgages, credit cards, loans and ways you've never imagined. Nowadays, people find new, innovative ways to get themselves buried in it everyday. It's an art really. This brings me to my first point: How We View Debt Debt is not our friend. In fact, it's the enemy. Racking up debt by … [Read more...] about DEBT – Dump Your Debt