Debt Avalanche vs. Debt Management Plan (DMP): See Both Paths Before You Pick One
The debt avalanche is a free payoff method you run yourself, at the interest rates you already have. A debt management plan (DMP) is a
Debt Payoff Articles & Money Guides
Explore practical guidance for getting out of debt, choosing a payoff strategy, budgeting, and building better money habits. Start by comparing the debt snowball and debt avalanche methods, or estimate your timeline with our free debt snowball calculator.
Debt Avalanche Method
Does paying high-interest rates keep you up at night? If you’re in over your head in debt, but can’t seem to get out of it,
Start a Hustle for Extra Income
Extra income can help you speed up your debt payoff. This article highlights six side hustles to earn extra income without a lot of time.
6 Ways to Up Your Financial Game Now That You’ve Got a Debt Payoff Plan
You’ve crushed your debt-free planning using Debt Payoff Planner. These six tips from debt payoff champ Kelly Blodgett are great next steps to consider.
10 Things to Know About Student Loan Refinancing
If you have student loans, you’ve probably received correspondence from a private lender selling you on their student loan refinancing. Student loan refinancing can be
Motivate Your Partner to Pay Off Debt With This Simple Idea
I’m a tool guy. Set me loose in a hardware store, and I probably won’t be back in time for dinner. But just because I
6 Mistakes to Avoid When Paying Down Your Debt
Are you saddled with student loan debt? Does your credit card debt keep growing? Getting out of debt, and staying out of debt, can be
Debt Snowball vs. Debt Avalanche
If you are looking to get out of debt as quickly as possible, you have two major strategies to choose from if you are looking
How to Avoid the Vicious Cycle of Payday Loans - 5 Alternative Options
Using payday loans can create a vicious cycle of debt. Learn about 5 alternatives to payday loans and what you can do if you already have a payday loan.
How to Avoid Six Common Budgeting Mistakes
Budgeting is critical for financial planning, but people often make the same mistakes. Read this article to learn what these mistakes are and how to avoid them.
Debt Snowball Method
Debts cause financial, emotional, and even physical struggles, but paying it off seems impossible. What if you could create a roadmap toward debt freedom with
The Five Things That Make Debt Bad Or Good
Have you heard the terms “bad debt” and “good debt”? Take a moment before you read on, and answer this question for yourself. What are
The Three Reasons People Don't Want to Budget
Back when I was healing my own relationship with money, I encountered all sorts of resistance from others any time I mentioned budgeting. “Eh, I
Pick One Thing and Work On It
I’ve worked with clients for a while now, and one thing I see over and over again is overwhelm. Our lives are so complicated, juggling
Should I Transfer My Credit Card Balances: Benefits and Risks
When you have a large balance on a credit card, it might be worth thinking about transferring the balance to a different card. In this
5 Ways to Pay Off Debt Faster
Paying off debt can be overwhelming at first because of the amount of time it will take to become debt free. It’s critical not to
3 Signs it May Be Time to Refinance Your Car Loan
Auto refinancing might not be a topic that you’ve considered yet. Many people get their initial car finance loan and continue making payments until they
Is Financial Independence Your Goal?
Financial Independence. Retire Early. If you’ve spent any time researching personal finance, you may have come across these terms, or the combined term – FIRE.
The Origins of the Word “Mortgage”
I ran across a little piece of information recently that stopped me in my tracks. Did you know that the word mortgage translates to death contract (or
Are You Afraid To Look At Your Debt?
In my last post I wrote a bit about changing our perceptions about the inevitability of debt, but today I want to talk about a
Personal Loans: Tips for Keeping the Peace When Things Don't Go As Planned
Many of us have official obligations like credit card debt and less formal debts to friends or family members that include personal loans. Usually, one
The Bank Of Mom And The Bank Of Dad
As I have been working with the great people at Debt Payoff Planner, we have been having fun looking through data. One thing they pointed
Is Debt A Universal Constant?
“I’ll be in debt until I die.” “Everyone is in debt.” “I’ll always have a car loan. I can’t afford to buy a car with
Debt Consolidation Loans: Good or Bad?
Have you recently found yourself drowning in auto loans, student loans, and credit card debt? You’re not alone. Millions of American consumers are having trouble