Recent content by ANT

Pay extra to them on payday. Absolutely no strategy will work if you just take on new debt.

In my professional experience as a loan officer, you can do what debt consolidation companies do on your own. Generally, consolidation companies have you stop making payments on the accounts.,Then they work with the creditors, negotiate a plan with them, and you pay the consolidation companies...

The worst part… making a budget. See where your money goes now and where it needs to go. This always hurts my feelings because then it’s obvious where I waste money.

It may feel like it works against you to pay off the 0% interest debts first. But I would pay off the 3 smallest debts. That frees up over $500 monthly. Then start throwing that money at your higher interest debts.

Most people don’t even have $1,000. That’s why it’s the starter emergency fund. It gets the ball rolling.

Look into a debt consolidation loan. That’s what I did. Combined all my debt from 25.25% interest to 11.45%. Cut over half my interest rate. I had to increase my credit to get a good rate, though.

Look into up bank’s 2up functionality

Don’t borrow from your 401(k) that money is for your future. Here are practical steps: Get a cheap used car. Rent a studio apartment or a room. Pick up an extra job or work extra hours. Sell what you don’t need. Pay off debt from smallest to largest, while paying the minimum on...

SAME…. I listen to Podcasts everyday on my way to work.

I'd put half f the income tax into the lowest card. That gets it fully paid off. Then it won't earn interest, and you'll only have one credit card payment per month. After that, start committing to paying off the larger one. That would leave it at about $7k still better than where you are now...

Use leverage to buy another property. Stop selling property. That’s something to keep for 30 years. At your age, time and leverage can make you very, very rich. ✨

Do both! Your business won't earn much on day one. So, work part time for someone else for some security, while you start and build up your own business.

Get a copy of your Equifax credit report. That will show you what you need to do. If you don't know how much you owe, go through the process and contact the relevant parties. Ask for payout figures these are usually negotiable. Depending on how old the debts are, you may be able to have them...

A 79 Cruiser with the full ARB catalog fitted is a solid choice. It’s a reliable workhorse. You can get out on weekends and enjoy what you’ve built. Live a little! Or go the boring route and invest the money.

When do we, as grown ups, start making better life choices? Or are we choosing to struggle forever, and passing that struggle on to our kids?