debt Archives - Savvy Family Finance

Is the Debt Blizzard the Key to Eliminating Your Debt?

Have you ever wondered what is up with all the snow-related metaphors when it comes to debt? Why not a rain, fire, or even a homework metaphor? I’ve no answer for you there, but I do appreciate different approaches to paying down debt. Like many of you, when it comes to paying down debt, I’d …

Funny and Motivational Money Quotes

Inside: Here is a list of the best money quotes to inspire and make you laugh. Do you like quotes? Certain quotations have the power to motivate, encourage thought, or provide a good laugh. Since this is a blog on personal finance, I thought I would round up a list of some of my favorite …

How to Use the Snowflake Method to Pay Down Debt

Inside: Discover how the debt snowflake method works and how it can help you pay down debt faster. Hate the feeling of being bogged down by debt? There are ways to pay down debt faster, whether it be a debt snowball or avalanche. But what if you want to do more, no matter how …

How to Actually Save Money While Paying Off Debt

Inside: Find out how you can save money while paying off debt, and why you want to do so. It is fun being an adult at first. You get to stay up late, go out with friends, indulge in those nifty subscription boxes and buy from the tv shopping channels. And then the bills start coming in. …

How to Calculate Your Net Worth (and Why You Want To)

Inside: Net worth gives you a powerful view of your finances. Learn how to calculate yours. Knowing your net worth is eye-opening. It gives you a big-picture view of your financial health. As such, it is a good tool to keep in your arsenal when trying to understand your financial …

Financial Ratios You Need to Know

Inside: Money ratios can be a good indicator of your financial health. Find out how to calculate yours. Numbers are wonderful things. They reveal truths and tell stories, they can make you happy or want to cry. Like it or not, math is everywhere. Wait! This won't be difficult. Even …

What You Need to Do if Your Credit Card Is Lost or Stolen

Inside: Dealing with credit or debit card theft can be frustrating. Find out what to do if it happens to you. You are at the checkout stand trying to pay for your groceries but your card is being declined. And yet you know there is no way you’ve come anywhere near the limit. After a …

What is the Best Way to Eliminate Debt? Snowball vs. Avalanche

Inside: The debt snowball method and the debt avalanche method are the two best and most popular ways to eliminate debt quickly. Find out which one will work best for you. Do you remember watching cartoons where there is a small snowball rolling down a hill, then it quickly gets bigger and …

The 7 Best Ways to Improve Your Credit

Inside: We have 7 very simple steps you can follow to increase and maintain your credit score. You want to get fit, lose the flab and look like those fitspo models by this time next month. No problem, right? Wrong. Just like there is no real get-fit-quick plan out there, there also is no …

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