Safeguarding Your Financial Life and Building a Financial Stronghold
There are two popular ways to tackle debt: the avalanche method and the snowball method. Using the first, you prioritize paying down the debts with the highest interest rates. Using the second, you focus on knocking out the smallest debts to get the momentum going. Here’s a cheat sheet created to do just that, you … Read more Pay Off Debt the Smart Way
1. Prioritise your debt When you have more than one debt to pay, it would be rational to pay off the debt with the highest rate of interest. Avoid paying interest on the interest you already owed because you didn’t make enough payment to reduce the balance. This is why it is important for us … Read more Paying off your debts in 123…