7 Ways To Conquer Your Finances
May 16 by Craig Childs | Money
I don’t need to get into why you’d want to be in control of your finances. Money makes the world go ’round, and worrying about it will drive you ’round the bend.
Here’s one of seven ways to tackle your finances as outlined by GetRichSlowly.com:
Pay off the debts starting with the smallest balance first. Here’s how:
1. Order your debts from lowest balance to highest balance. 2. Designate a certain amount of money to pay toward debts each month. 3. Pay the minimum payment on all debts except the one with the lowest balance. 4. Throw every other penny at the debt with the lowest balance. 5. When that debt is gone, do not alter the monthly amount used to pay debts, but throw all you can at the debt with the next-lowest balance.
7 Ways to Take Charge of Your Finances in 2007 – [GetRichSlowly]