The debt snowball and debt avalanche are two of the most popular methods for paying off debt. When you first start paying off debt, the most important thing is to have a plan. Without a plan, paying ...

Being saddled with debt can be stressful, especially if you're balancing that struggle with saving for long-term goals like growing your family or retirement. But if you do have debt, you’re certainly ...

START the New Year with a fresh slate and tackle the financial issues you have been dreading. Clearing debt will leave you feeling mentally lighter and it needn’t be an uphill battle. There ...

"Less ideal debt" is for buying an asset that drops in value, like a car loan, or has a high interest rate, like credit cards. "Necessary debt" is used to buy an asset that can rise in value, like a ...

A couple eliminated $43,000 of debt in just seven months using the “snowball method”. David Wangberg and Salina Lau married ...