How do you pay off debt when you’re living paycheck to paycheck and don’t have any money? I get this question just about every week from readers who want to pay down their debt but don’t feel like they have the income to do it. I certainly understand that line of thinking. You’re living paycheck […]
pay off debt
Money Making Idea #1- Sell Groups of Things Online
Welcome to the first out of many money making ideas I’ll be posting when the inspiration strikes. These ideas are meant to be quick tips for making extra money quickly to supplement your income, pay off debt, go on vacation, or whatever you might need a little extra money for to make your life easier. So, […]
Why a Home Equity Loan is a Terrible Idea for Paying Off Debt
Have you ever considered taking out a home equity loan (also known as a HELOC) to consolidate your debt? There are a lot of people out there giving personal finance advice that will advise you to do that when you’re trying to pay off your debt. But I think consolidating your debt into a home […]
How Do You Get Out of Debt? (Part 5)- 3-6 Month Emergency Fund
Time again to do the debt free dance! If you’ve followed the first four parts of the “How Do You Get Out of Debt?” series, you should now be mad, naked, doing a budget, have a small emergency fund, and working on a Debt Rocket plan. You are putting a smackdown on debt and getting […]
How Do You Get Out of Debt? (Part 4)- The Debt Rocket
In the first three posts of the “How Do You Get Out of Debt?” series, you learned that to get out of debt you have to get mad, get naked, start a budget, and put together a $1,000 emergency fund. So now that you’ve completed the first few steps, let’s kick it up a notch […]