The debt snowball method is a popular strategy to use when you’re trying to stay motivated during debt payoff. However, it may not be best for student loan borrowers and here’s why.
Do you ever look at your mounting debt, and simply not know where to start? Are you waiting for some kind of epiphany or kick in the butt to get started? Do you simply feel paralyzed in even taking the first step because you feel like you’ve made too many mistakes already getting to this […]
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This blog post is part of the Pay Down My Debt (PDMD) blog tour, sponsored by US Equity Advantage. PDMD is a solution that accelerates debt payoff and helps consumers monitor their credit and make smarter purchasing decisions. If you’re looking to pay off debt find out how they can help. It’s pretty safe to […]
Learn how to pay off debt fast by taking inspiration and motivation from five people who’ve done it in record time.
I’m pretty lucky, I had only amassed about $2,500 in debt before realizing the major repercussions that came along with it. At the time I felt like credit cards were my passage into adulthood. I had no problem applying for credit cards and then maxing them out within a week. At the time paying off […]
When I was in graduate school at NYU, I was painfully aware of my student loan situation. I had just tripled my debt load by deciding to go to my “dream school” and left my career, family, and boyfriend behind for what I thought was an experience of a lifetime. Graduate school was good, but […]