How To Live Debt Free … Part 9

This week...snowballing and stacking Snowballing is that you list your debts in order of lowest dollar amount owed to highest dollar amount owed. You pay every extra penny you have toward the weakest while paying only the minimum monthly payment on the rest.   When one debt is paid, you take the money you were [...]

By |2019-08-18T19:57:29-04:00November 25th, 2018|Money Management Tips|0 Comments

How To Live Debt Free … Part 8

This week…How do we actually budget??   Is what’s coming in more than what is going out? How much is left over at the end of each month? You’ll have at least that amount to start paying off debt. We want to make that number higher and we will, but it’s good to see we at least [...]

By |2019-08-19T08:27:08-04:00November 18th, 2018|Money Management Tips|0 Comments

How To Live Debt Free … Part 7

This week…make some extra money   Make some extra money It’s easier to cut spending than make more money but if you’re in a lot of debt, working only one job might just be your answer.  You need to have at least one additional income stream until you are out of the woods.  However, if [...]

By |2019-08-19T08:27:59-04:00November 11th, 2018|Money Management Tips|0 Comments

How To Live Debt Free … Part 6

This week…the medium stuff and interest rates   The medium stuff There are specific products and services that have various providers that we probably aren’t getting the best deal we could. It pays to shop around.   How many television shows do you watch? It’s probably just a handful sprinkled across just a few channels. [...]

By |2019-08-19T08:28:29-04:00November 4th, 2018|Money Management Tips|0 Comments

How To Live Debt Free … Part 3

Housing The rule of thumb is that your housing expenses should be no more than 30% of your income.  Most of us are spending closer to 50% of our income on housing. If you’re among them, it will be almost impossible to get out of debt and start saving for your future.   Even if [...]

By |2019-08-19T08:30:16-04:00October 14th, 2018|Money Management Tips|0 Comments

How To Live Debt Free … Part 2

Not all of us make six figures which means paying off debt can be tough. But it’s not impossible. Our next series of articles will show you how to get out of debt, even on a low income.   Debt should be considered an emergency. And like any emergency, the longer you wait to deal [...]

By |2019-08-19T08:30:49-04:00October 7th, 2018|Money Management Tips|0 Comments

How To Live Debt Free

Today…how to live debt free. A life without payments is very different from one with payments. Debt free living means saving up for things. It means making sacrifices and resisting impulse purchases. It means limiting the amount of money you waste each month. If you always have debts to pay and you find it hard to pay your debt then you should [...]

By |2019-08-19T08:31:31-04:00September 30th, 2018|Money Management Tips|0 Comments

Retirement – The 10% Rule

This week, the final in the  savings series, what we all look forward to…retirement     This is probably the most traditional rule of thumb when it comes to saving for retirement. Save ten percent of your income toward retirement. Why it works: It gives people a simple number to work with. If you're young, [...]

By |2019-08-19T13:29:41-04:00September 23rd, 2018|Money Management Tips|0 Comments

The 20/4/10 Rule of Thumb for Buying a Vehicle … Part 2

This week…what you should consider when deciding on a new or used car: Do you have a down payment or a trade-in? The smart financial move is to pay for your car in cash and avoid a loan altogether. If that's not possible, you should at least have a sizeable down payment. In fact, with [...]

By |2019-08-19T08:28:49-04:00September 2nd, 2018|Money Management Tips|0 Comments

The 20/4/10 Rule of Thumb for Buying a Vehicle

This week…saving towards a vehicle.     Buying a Vehicle - The 20/4/10 rule   When buying a car, you should put down at least 20 percent. You should finance the car for no more than four years and spend no more than ten percent of your gross income on transportation costs.   Why It [...]

By |2019-08-19T08:29:22-04:00August 26th, 2018|Money Management Tips|0 Comments