Paying Off Debt

Do you need more information about paying off debt? Whether it’s student loans, your mortgage or credit card debts, this is the place for you.

How to Pay Off Debt, The Ultimate Guide

how to pay off debt

Are you in so much debt that you feel like you are drowning and don’t know where to start? The purpose of this post is to show you how to pay off debt fast, and then keep it gone forever. Earlier this month I shared my very first financial snapshot, and it showed a couple of things that were extremely eye-opening for me. First and foremost, we have a lot of debt, $198,458 worth, to be exact. This isn’t all “bad” debt. In fact, the vast majority of our debt is in student loans and a very small car loan. […]

Get Out of Debt or Invest? Can I Do Both?

paying off debt

Yesterday, I wrote a post describing our families’ current financial picture and explaining our goals to get out of debt and to start pushing forward towards financial freedom. One of the main struggles I have with paying off debt is making sure that we are covered financially if I have a bad month at work (I’m self-employed, so my income varies from month to month), or if we have an unexpected expense (as we did this month when our cat got cancer). In other words, how can we afford to put this huge payment on our debt if we have […]

Paying off Debt in 5 Easy Steps

Paying off debt

I don’t want to sugar coat this, paying off debt is hard. And it’s especially hard if you aren’t making enough money to pay all your bills to begin with. Related Post: The Ultimate Guide to How to Pay Off Debt, Even if You Don’t Know Where to Start Let’s be honest, that’s how you got yourself into debt in the first place, right? You weren’t making enough money to pay all your bills, but you wanted or needed to buy something else, so you put it on a card. Trust me, I totally get it. For my wife and […]