If you are looking to get out of debt, the snowball method is a great way to get the ball rolling – pun intended. If you’ve made a snowman before, you already understand the basic concept. As you pack more snow into a tight ball and roll it around the snow-covered yard, you gain momentum and speed as your snowball becomes a snow boulder.Continue reading “What is the Debt Snowball Method and How Does it Work?”
Student loan debt is a very hot topic. With borrowers owing a combined total of federal student loan debt that is nearing a trillion dollars. One in five adults currently has student loan debt and we don’t see college tuition dropping in the near future.
Repaying your student loans can be daunting, especially if you have over six figures of debt, like many new college graduates.Continue reading “Student Loans and the WORST Ways to Pay them Off”