While it works great, there’s one thing that the debt snowball method can’t do: cut through your excuses.
That’s up to you, because it’s a part of the get-out-of-debt process that involves changing your behavior.
In fact, like so many of us, you may have gotten so used to using excuses as a reason to borrow money that you don’t even realize they are excuses. Continue reading
I love this old Saturday Night Live skit with Steve Martin called “Don’t Buy Stuff You Cannot Afford”:
If you’ve been putting off creating a budget for months because you dread digging through a bunch of papers (or signing up on a bunch of web sites) to see what all you owe, there’s a relatively painless way to get started. Continue reading
It’s completely normal to try things like using balance transfer credit cards and debt consolidation when you first start working on getting out of debt.
I did, and it didn’t work.
Why?
Because you can’t borrow your way out of debt. Continue reading
