Baby Step 2 Pay off all debt using the Debt Snowball List your debts, excluding the house, in order. The smallest balance should be your number one priority. Don’t worry about interest rates unless two debts have similar payoffs. If that’s the case, then list the higher interest rate debt first. The point of the …
Before I took Financial Peace University: I was really dumb with money, I wasn’t good about paying bills on time, I had just about $50,000 worth of debt (not including our house) and had too much ”stuff.” My husband and I basically lived paycheck to paycheck and we decided that we made too much …
Have you ever gone to the store because you needed one thing and walked out with $200 worth of stuff? This used to happen to me all the time. I made poor finacial decisions putting it all on my credit card, knowing more money would appear in my account next friday. The interesting part was we …
Photo from DealstoMeal.com/Blog Before I did a written budget (see post here) I used to spend close to $900 a month to feed my husband and I. It was a lot of food wasted, buying produce out of season and eating out. I quickly realized this was a huge waste of our money and …