Borrow
Using balance transfer credit cards to pay off debt
It’s that time again — your credit card statement has come in. Your heart sinks because you know you’re going to be stuck with getting these statements for a long, long time. You’ve racked up credit card debt. A lot of it. There is some good news, though. Refinancing...
Finding the right balance between saving and paying down debt
Saving money or paying off debt presents a tough choice. Most Americans have shockingly little in their savings accounts. According to CNBC, most of us “would be in a bind if [we] missed even one paycheck,” and only 40 percent of us would be able to cover a surprise...
Evaluating plans for eliminating debt: Emotions matter as you pick your path to being debt-free
Most of us have debt in some form — mortgages, loans for education or cars, credit cards, medical bills and more. Debt and the stress that comes with it is unavoidable for most, and it’s easy to become overwhelmed. Debt can feel insurmountable, and that takes its toll...
Want to eliminate debt? Prioritize building an emergency fund first
For anyone with limited funds — which is most of us — working out financial priorities can be difficult. Saving for a specific goal or paying off a debt can seem more urgent because it’s so specific. But creating an emergency fund? It’s hard to feel pressed about that...
