For those buried under an avalanche of credit card, car, and personal debt you’ll never find anything as useful as the Debt Snowball or it’s many variants. A debt snowball is simple. You take all of your outstanding debts: credit cards, personal lines of credit, bank loans, student loans, car loans, 2nd mortgages, home equity lines of credit, overdraft credit lines (yes that’s debt too) and order them from the smallest amount owed to the largest amount owed.
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In part 1 of our series we talked about the high level aspects of budgeting, let’s get under the hood a little more and look at some real world examples and tools for making your life infinitely easier. But first I would like to talk a minute about communication. “Dude FiscalGeek what’s your problem, give me the […]
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