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.
Before you begin tackling your debt snowball, there’s one thing you absolutely have to do: build up a little security blanket. Here’s how!
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 […]
Manisha Thakor (left) with co-author, Sharon Kedar Manisha Thakor is on a mission to teach women how to “own your finances and own your life.” Through her books, articles, television and radio appearances, speeches, and blog –this female personal finance expert inspires women to take charge of their money. Her latest book, co-authored with fellow […]
This summer, while focusing on your physical fitness, why not spend some time on your fiscal fitness as well? Like fitness, when it comes to finances, setting goals is a key to your success. A recent Women & Co. study found that 93% of affluent women set financial objectives. To help you define your financial […]