Recent content by frenzybytes

I found Greenpath Financial Wellness to be good, very upfront and honest. However, I was able to secure a lower interest rate through Discover on my own specifically, 0.99%. Therefore, I recommend you call Discover directly if you have an account with them.

If your income is stable, reduce your emergency fund to approximately $1200 sufficient to cover minor setbacks like flat tires or a broken washer and allocate the remainder toward paying down debt. Once a debt is cleared, redirect that payment to the next debt's minimum to accelerate payoff...

I discovered the free app Debt Payoff Planner. Simply enter your details, and it calculates the payoff date for each debt while keeping you on track after paying one off.

My recommendation is to prioritize paying off card 1 first, followed by card 3, while maintaining a $2000 emergency fund. After that, focus on card 3, then address the 401k loan, and finally the personal loan. This advice is based on the information available, without knowing the minimum...

Congratulations! Your credit card debt will be gone by October, and you will be completely debt free by the end of 2026.

Setting up the area is a capital expense, not a tax deductible cost at the time you make the purchase. For income producing property, the capital depreciation rate is set at 2.5% annually. You can refer to the ATO portal for deductible depreciation items on rental properties, and you will find...

Invest in yourself by completing the extra two years to secure your heavy vehicle qualification, then choose the location that best fits your goals. You don’t need to pursue fly in fly out work for this larger earning potential still exists, but it's really about where you want to be. Do you...

You should aim to keep at least 3–6 months of living expenses in an emergency fund that earns at least 3% in a money market account. This protects your investment, grows your money, and keeps funds accessible as needed though your specific amount will depend on your current debt and regular...

Taking on more debt to pay off existing debt is never a wise strategy. Instead, increase your income by securing a second job and apply all of that additional money toward reducing what you owe.

Perry, "Debit Relief Order" (DRO) this is primarily a UK solution (for debts under £30k, low income/assets). In the US, your options differ significantly: 1. File for unemployment immediately. 2. Contact creditors NOW: Explain job loss, request hardship programs (reduced payments...

Eating at home transformed my finances. Use up all toiletries and cleaning supplies before buying more. Wash and vacuum your own car. Do your own mani/pedis. Cut back on gift giving. Organize a regifting closet. I paid off my house. Take 9 cash trips. Host a mortgage burning party. Stockpile...

Debit relief order . D.R.O. saved my life. Look into it x

I've added your debts to MoolahPlan, which uses the debt snowball method to create your personalized monthly payment plan. With your $1k emergency fund, we can allocate an extra $100 toward your debts. This plan shows you'll be debt free by 2029.

Use the $480 to pay off any small bills you have. Next month, split the $480 half for bills, half for your emergency fund. Make extra cash by selling items you no longer need or take on a side gig if you have the time.

Eliminating debt and replacing our unreliable car, which often won't start.