How a Debt Snowball Can Reduce and Then Eliminate Your Debt

How a Debt Snowball Can Reduce and Then Eliminate Your Debt

Welcome to our series on crushing your credit card debt. In this third of five articles, we look at how to supercharge your get out of debt program with the Debt Snowball. We’ll cut right to the chase: using the debt snowball method can save you thousands of dollars in interest payments. On top of that,…

Our Simple Guide to Automating Your Finances in 6 Easy Steps

Our Simple Guide to Automating Your Finances in 6 Easy Steps

Managing your money can take hours out of your week. Between paying bills and saving for retirement, it can be stressful, and it’s easy to drop the ball. You can save yourself time and stress these days by setting up most of your monthly tasks on autopilot. While it may take a little time to…

How to Calculate Your Savings Rate (and What It Means)

How to Calculate Your Savings Rate (and What It Means)

When I first began really taking my personal finances seriously, I can remember setting a random dollar amount in my head as my monthly savings target. I also committed to myself that I would raise my savings amount by $50 per month each calendar year. There’s nothing terribly wrong with this savings plan. It did…