 When my husband and I got married, we had six figures of student loan debt. And unfortunately, we definitely aren’t alone. The average student loan balance is nearly $38,000. And when you throw in credit cards, car loans, and other debts, most people are paying off debt the majority of their adult lives. I …
 The average American family has more than $7,000 in credit card debt, according to recent surveys. And as a nation, we hold roughly $1 million in credit card debt. This type of debt can be especially discouraging. The interest rates are notoriously high, meaning we end up paying back far more than we spent. …
Using Debt Consolidation to Pay Off Credit Card Debt Read More »
When Brandon and I got married, we had more than six-figures of debt between the two of us. We both had student loans, and I was still paying off the credit card debt from my divorce. One of the very first things I did after our wedding day was sit down and make a list …
Should You Save For Retirement While Paying Off Debt? Read More »
I know first-hand how financially and emotionally draining credit card debt can be. The interest rates on credit cards are insanely high, making it hard to make real progress paying it off. But they are also all kinds of crazy feelings that credit card debt brings up. Guilt from having gotten yourself into debt. Resentment …
When my ex-husband and I got divorced, I found myself completely starting over financially. I didn’t have anything in savings, and I had to rely on credit cards to get my fresh start. When I signed up for my credit card, I got a promotional offer of one year with 0% interest. I was so …
How to Pay Off Debt Faster with a Balance Transfer Read More »
I spent years paying off debt with absolutely no plan in place. I would make the minimum monthly payments on my student loan each month. I also applied for the income-driven plans to try to reduce my monthly payments even more. When I started racking credit card debt after my divorce I did the same …
Debt Snowball vs. Debt Avalanche: Which Debt Payoff Strategy is Right For You? Read More »
If you’ve been reading this blog or following me on social media, you might know that my husband and I have a combined six-figures of student debt. Since getting married in 2019, we’ve been on an aggressive debt pay-off plan and plan to pay it off in just a few years. But you may also …
Can you pay off debt and save for financial goals at the same time? Read More »
When Brandon and I got engaged, I knew that I wanted to come up with a plan to pay off our debt more quickly. After all, we had a combined six-figures of debt, and I didn’t want that hanging over our heads for decades. I knew that much debt would be a lot of work, …
5 Money Mindset Shifts to Help You Pay Off Your Debt Read More »
When my husband and I got married, we had over six figures of student loan debt. It wasn’t exactly the ideal way to start our life together. However, it did force us to have a lot of money conversations early on and make sure we were on the same page with our finances. And for …
One of the questions I am asked most often is whether it’s better to pay off debt or save money first. And honestly, it wasn’t all that long ago that I was the one struggling with this dilemma. When I was newly divorced and desperate for financial advice, I read article after article that …
Is it Better to Pay Off Debt or Save Money First? Read More »
