For today (Day 17 of 31 Days to a Better Bank Balance) we’re going to go beyond Getting Off the Debt Merry-Go-Round by choosing our primary target for debt reduction.
Why are we choosing one single target for debt reduction? » Read more
Day 12 of 31 Days to a Better Bank Balance is all about getting off the debt merry-go-round for good.
The single most important thing you can do to get out of debt is this: Stop adding to your existing debt.
While that sounds simple at first glance, if it were as simple as it seems, everyone would do it.
What “stop adding to your existing debt” really means is » Read more
A major goal for many of us is to get out of debt. And getting out of debt is a great thing, because it’s a lot easier to reach your other financial goals when your money belongs to you instead of to a lender. » Read more
Getting out of debt is often a huge struggle, but there are four basic ways of trying to do so — three of which actually work.
Unfortunately, many of us start out with the method that’s guaranteed to fail: borrowing our way out of debt. That’s probably because we’ve been conditioned as a culture to think of borrowing as a solution. » Read more