Posts Tagged Debt
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Taking A Look At Debt Snowball Calculators
There are quite a few debt snowball calculators online. Many of them are fairly basic. The following is a quick review of a few of them. The first debt snowball calculator comes from What’s the Cost. This calculator allows you to enter all of your information on your credit cards. It takes int...
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Choosing The Best Debt Snowball Method For You
The debt snowball is the most popular method for reducing debt. In the debt snowball, you pay an extra amount towards your debt on top of your minimum payments. As you payoff balances, you take the amounts from your minimum payments that you are no longer paying and add that to the extra amount. The...
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Simple Finances: Put Your Debt Reduction On Auto Pilot
One of the easiest ways to payoff your debt, is to not know that you are doing it. Set everything up to run on auto pilot. If you are planning to eliminate your debt, you need to make it easy for you to be successful. One way to do this, is to forget about your debt payments. If you don’t see t...
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Rodeo of Debt Reduction #2
Welcome to the second Rodeo of Debt Reduction here at We’re In Debt. As always, the Rodeo of Debt Reduction is a quick list of posts that caught our eye from the personal finance blogosphere. So, make the jump and get on with the show. 1. The first post that we have to recognize is this awe...
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Day 224: Discover’s Cashback Bonus Is Paying Off Our Debt
We love our Discover card. The reason that we love our Discover Card is that we are making about $20 a month, with Discover’s Cash Back Bonus, that can be applied almost directly to our debt. We use the Discover Card, because out of the two cash rewards cards that we have, it has the highest ra...
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Day 223: When Paying Off Debt, Standing Room Only Is Good Enough For Us
The Queen of Debt and I love baseball. This was true before we moved to Boston, but living in Boston has only fueled our fire for the game. We lucked out when we chose our apartment over the internet from North Carolina, in that we can see Fenway Park from our apartment. Going to Red Sox games is...
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Day 217: It’s Bill Pay Time
It’s the middle of the month, and that means that it is time to payoff some debt. I spent the evening planning everything and the bills are all in line to get paid. Once the credit card companies have posted all the payments in the next few days, we’ll update the old progress bar in the upper le...
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Day 205: Focus On One Thing At a Time to Eliminate Your Debt
We have a hard time focusing in on one thing. We’re both somewhat impatient when it comes to stuff and we often find ourselves changing up on a wim. This is definitely something that we both need to work on. When you are eliminating your debt, you can’t multitask. You should focus in on one t...
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Payoff Debt or Fund That Emergency Fund?
CNN has an article that asks whether or not you should payoff your debt or keep your emergency fund. The answer, to me, is very simple. Always keep your emergency fund fully funded. Our emergency fund is fully funded, and we definitely feel that it should be used only for emergencies. You shoul...
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Money Moves For 2007
CNN Money has a list of money moves to make during 2007. Glaringly left off the list is, get out of debt. They probably weren’t targeting the debt laden American public, but it would seem to me that any listing of smart money moves, should start with payoff debt. One item on the list is to st...
