Paying off Debt: The Debt Snowball Method

The debt snowball method is used by paying off debt accounts that have lower balances first. Once an account has been paid off, that frees up some money next month, which you then take an apply towards your debt account with the next lowest balance. This can be emphasized when you are making minimum payments … Read more Paying off Debt: The Debt Snowball Method

Things to do before the new year

It’s almost the end of 2014 and the new year is right around the corner. It’s time to go over your checklist for 2014 and make sure you’ve completed the following: Max out your 401k The contribution limit for this year is $17,500. If your employer matches your contribution, that limit can go over $17,500. … Read more Things to do before the new year