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Want to eliminate debt? Prioritize building an emergency fund first

by EveryIncome | Borrow

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...

Snowball vs. Avalanche: Which debt-reduction strategy is right for you?

by EveryIncome | Borrow

Debt is the worst. Sometimes people draw distinctions between “good” and “bad” debt, but for most of us, this is mostly just unhelpful hairsplitting. Debt is no fun even when you get something out of it, such as a college education. We all tend to have a few different...

Get debt help from … your creditors? How they can help you pay down debt faster

by EveryIncome | Borrow

Debt can be scary, overwhelming and isolating. When all you can afford is the minimum payment on a high-interest rate credit card, it’s too easy to believe that you will never get out of the red. Where can you turn for debt help? Here’s a debt elimination tip...

How to get out — and stay out — of debt

by EveryIncome | Borrow

It might not be easy to get out of debt, but it is absolutely worth it. Start with these debt elimination tips. The increased flexibility and peace of mind you gain when you’re no longer saddled with debt can transform your life — including your mental health. By...