Tag Archives: debt snowball

080 Financial Excellence: Buy a Boat or Buy a House?
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Living In Financial Excellence
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Join the forum discussion on this post Episode 80: From the Mailbag: Should I Buy a Boat (and more) Oct. 4, 2011. Today Guest Steve Stewart from Money Plan SOS joins me to answer questions from listeners about buying boats, … Continue reading

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054 Financial Excellence: How to Kill Credit Card Debt Fast
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Join the forum discussion on this postEpisode 54: How to kill credit card debt fast: Do balance transfers work? April 6, 2011. Today we answer a question from the mailbag about how to eliminate credit card debt more quickly and … Continue reading

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029 Financial Excellence: I’m an Idiot, Not a Financial Expert
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Living In Financial Excellence Episode 29: I’m an Idiot, Not a Financial Expert. Oct 13, 2010. Sometimes people disagree with the message we teach. We talk about the non-believers in today’s show, plus we answer some mailbag questions from a … Continue reading

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Should I Save Money While Paying Off Debt?
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Dear Matt, While someone is doing their debt snowball should they also be saving money? We completed lesson 3 [of Dave Ramsey's Financial Peace University] and the class is working on their budgets. Charitable contributions of course is at that … Continue reading

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Why the Snowball is the best way to eliminate debt
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There are a lot of different theories and systems out there for reducing debt. Some say pay off your highest interest rate first. Some say pay extra on all debts. Some say pay the lowest balance first. Some say invest first, then pay extra on debts. Some say the opposite. Which one is best? I prefer the debt snowball technique. Continue reading

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Myths vs. Truths – The Truth About Debt Consolidation
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Consolidating debt works much better for the bank than it does for you. Continue reading

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