Should I pay down debt or save for retirement? A million dollar question! Maybe even in reality if retirement contributions are substantial each year! Paying down debt is the number one priority of many people. I’m not going to argue that this is a bad thing. Its certainly better than not prioritizing it at all…. Read more
Viewing category: Debt
Car loans – Should I finance my new car?
Car loans – should I finance my vehicle with a car loan? I have read many articles recently, and a bazillion questions on reddit, regarding the financing of new vehicles and whether it is a good idea to buy a new vehicle with a car loan. Short answer – no, it really isn’t. Please don’t… Read more
Avalanche vs Snowball Method Of Debt Reduction
In getting out of debt, understanding the avalanche and snowball method of debt reduction, and choosing the right one, is a key step.
Reader Q&A: Help me pay my debt!!
Sheldon from Missouri writes in with a plea to “help me pay my debt”. We show a step-by-step guide to help Sheldon pay off his debt!