Paying off consumer debt is an important cornerstone to winning with money.
If all the money is exiting, then it can’t earn interest or dividends, be invested in a new business venture, or given away to worthy causes. Debt
I’ve written a good bit about debt that will help you on your way to becoming debt free. You can become debt free and achieve the financial freedom you’ve always wanted.
Before embarking on a journey to paying off consumer debt (credit cards, student loans, auto loans, etc) start budgeting [Budget Like a Pro] and have a small emergency fund of $1000 in place.
Debt Series: How to Pay Off Debt
What is a Debt Snowball? + Debt Snowball FAQ- This is a key post to paying off debt. If you don’t read anything in the series, read this article.
Should I Declare Bankruptcy? If you are under a mountain of debt and considering bankruptcy, this is a must read.
Pay Smaller Debts First: Dave Ramsey Was Right- What order to pay off your debts? Should interest rates matter? This article will answer these questions.
Credit Cards and Scissors- Do the unthinkable and cut up those credit cards.
Why Pay off Student Loans Early?- I get asked this question often, so I share why I suggest paying off your student loans early and including in your debt payoff plan.
Debt Free Stories (Debt Free Success Stories)- Think you can’t do? You can! This is a large and growing collection of families who have paid off their debt.
Zillions of Way to Make Money- Need an income boost to pay off debt? This article has hundreds and hundreds of ways to make extra money to apply towards debt.
Life After Debt: Surprise it’s Awesome! - Yes, it is and I share why being debt free is awesome!
This is a growing series of articles on eliminating debt. What articles about debt would you like to see included?