The best debt is no debt. When you find yourself with some hanging over your head, however, repayment is the best “investment” you can make. More »
Payment plans can make life a whole lot easier if you don’t have a reserve of cash, but personal finance blog Get Rich Slowly points out that once you have accumulated some savings, you’ll likely get a better deal by paying upfront. More »
We’ve discussed using the popular “snowflake” method to whittle down debt, but the same principle can be applied to making big purchases. Learn to put away small, seemingly forgettable micro-payments, and you won’t have to shoulder all the costs at once. More »
Bills rarely come in nice clean whole numbers like $US100. They pile up on your desk with demands like $94.38, $294.38 and other decimal-toting figures. Rounding up your debt payments, even by a dollar, can yield surprising long-term savings. More »
It can be easy to get lazy about debt because the more it grows, the more we tend to avoid it. The problem is harder to run from when you know exactly how much that debt is costing you every month. More »
Some financial planners advise making two half payments on your mortgage each month instead of one full sum. The idea is that homeowners will save thousands of dollars over the years in interest payments. Does this idea hold water? More »
