*Money Talk*

My Journey Out of Debt, Step #4: Debt Snowball

Once you’ve cut up your credit cards and tucked away $1000 for your mini emergency fund, you’re ready to start your debt snowball! Many financial experts dub this method “The Debt Snowball” because in the same way that a snowball rolling down hills gets bigger and rolls faster, the money available to pay off your debt begins to accumulate as each debt is paid.

My Journey Out of Debt, Step #2: Tell Your Cash What to Do

Image courtesy of Shutterstock It’s sometimes considered a curse word in many households today: the dreaded budget. I know, I know . . . you’re probably rolling our eyes because you think it takes too much time, doesn’t work, whatever the excuse du jour. But that’s because you’re probably in the 60% that doesn’t use […]