The second baby step in Dave Ramsey’s The Total Money Makeover is to pay off all of your debts except your mortgage. He recommends doing this by using a debt snowball. When Dave Ramsey talks about paying off all of your debts except your home, he means exactly that, all of … [Read more...] about Dave Ramsey’s Baby Step Two – Pay Off Your Debt With A Debt Snowball
This is a guest post by Mike Egan who is the author of “Your Stronger Financial Future”. A recent article in the New York Times focuses on seniors who are considering mortgages on new homes when they retire. The article is a good summary of what seniors (or anyone considering … [Read more...] about How Debt Can Ruin Your Retirement
and get it. It is one of my top ten best personal finance books that everyone should read. This article originally appeared on the blog, Get Out Of Debt and is reprinted with permission. “Dear Steve, I am a caregiver to my quadriplegic husband since 2006. The credit … [Read more...] about How to Find a Payment Plan Without Cutting Out Necessities
Recently my bank, USAA, who I absolutely love doing business with offered me a deal to refinance my car with a new car loan at a reduced interest rate. So, of course, I pounced on it. I would be lowering my interest rate by almost 1% and moving another loan back to my favorite … [Read more...] about I Refinanced My Car Loan, Dropped 1%, And Still Pay $4 More A Month!
We all have had some trying times with our finances at one time or another in our lives. Like a headwind with an airplane, these financial problems push against us and try to keep us from reaching our financial goals. Airplanes take off into the wind which gives them more … [Read more...] about What Are Your Financial Headwinds? How to Make Your Money Take Off