Image using Dall E Introduction I could give you a list, but you can name the items on the list better than I can. The point is you’re already aware that “something unexpected is going to happen; it’s just a matter of when.” My question? Is your family ready for it? And, do you have […]
Category: Debt Solutions
How to Build an Emergency Fund While Paying Off Debt
Created using Dall E Introduction It’s a crisp Monday morning, and instead of stressing about last weekend’s unexpected car repair, you’re trying to figure out how to make the weekend longer. Everyone does that, right? But knowing you were able to pay for the new water pump on your car because you started an emergency […]
Emergency Funds and Debt Repayment: Why Your Family Needs Both
Image Created with DALL – E Introduction Balancing emergency funds and debt repayment can seem nearly impossible––like walking a tightrope suspended across a canyon and financial stability is on the other side! Just like you would have a safety net for a tightrope, you need a financial safety net to handle unexpected expenses like car […]
How to Set Goals to Be Debt-Free for Your Family
Created with Dall-E Introduction to Debt Freedom It’s a sunny Saturday morning, and instead of worrying about credit card bills or the next loan payment, you’re enjoying [insert your favorite Saturday morning activity] because you set goals to be debt-free. And then you wake up. It doesn’t have to be a dream! Becoming debt-free isn’t easy, but what […]
Top Debt Consolidation and Refinancing Options for Families
Frustrated. That’s exactly how you feel when you’re staring at those bills spread across your kitchen table, right? Trust me, I’ve been there too. As families, we juggle so many payments it can make your head spin––credit cards, car loans, maybe that personal loan from when your washing machine suddenly died. Ugh. Let’s talk about […]
Consolidating Debt: Pros & Cons
Introduction Many people consider debt consolidation when they find themselves juggling multiple debts with different due dates and interest rates. It involves combining various debts—like credit cards, personal loans, or medical bills—into a single monthly payment. For some, this approach brings a sense of relief, with fewer payments to manage and potentially lower interest rates. […]
How To Pay Off Debt on a Low-Income
Introduction Paying off debt can feel like an uphill battle, especially when working with a limited income. Every dollar matters, and seeing so much of your hard-earned money going toward payments that never seem to end can be discouraging. But take heart — you’re not alone in this journey, and you don’t have to be […]
Showdown Between the Snowball and Avalanche Methods
Understanding Debt Repayment Strategies Do you want to pay off your debt? I actually think I heard you! Great! Then you’ve got to have a plan! I know—everybody and their brother is bombarding you with so much information that it’s difficult to know what to do, which leaves you overwhelmed and stressed! I’ve personally used […]