Mathematically, it’s obvious that paying off loans with the highest interests rate first makes the most financial sense but as you may know, some financial experts promote “paying off the smallest loans first”. Why do they do that? Let’s take a look today. Smallest Loan First The smallest loans first method is simple. Instead of […]
Debt
Most people who end up in debt get there for different reasons. However, once you decide that you are tired of the bondage and uncertainty that comes with owing others money, it’s time to make a debt reduction plan that works for you. As you decide how to proceed, here are some tips to keep […]
Get in your car. Now drive 100 miles southwest from your current location. Get on any road; it doesn’t matter which. Where will you end up? If you don’t have a map, you probably don’t know for sure. You may know the approximate area, but if it wasn’t where you truly needed to go, then […]
Tax season is something that comes around the same time every year. Yet, it still creeps up on us and leaves us wondering if we’ll be getting a refund or break even. Considering the simplicity of my taxes, I almost always received a refund of some amount, and admit that it’s something I look forward to in […]
Earlier this year, my husband received an unusual letter from his credit card company. He had not used his card in two years, and the bank alerted him that he had two months to make a purchase on the card, or else it would be cancelled. This particular card, which he’s carried for over 15 years, […]