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Reader Poll: The Results (Smallest Balance Or Highest Interest Rate)

In a recently poll, I asked readers to vote for the best method for reducing debt. Number of votes: 182 Votes for Method 1 (Pay smallest balance first.): 87 Votes for Method 2 (Pay highest interest rate first.) 95 As you can see, the numbers are very, very close. With just over 52% of the [...]

Reader Poll: Smallest Balance or Highest Interest Rate?

There are two, rather well known methods for reducing debt: Method 1 involves listing your debts smallest BALANCE to largest BALANCE and paying extra towards the account with the SMALLEST BALANCE, regardless of that accounts interest rate. Method 2 involves listing your debts highest INTEREST rate to lowest INTEREST rate and paying extra towards the [...]

Top 5 Questions That I Want Someone To Answer

I have been writing about personal finance for more than two years. I think that I have a pretty decent grasp on the “basics” of debt reduction, saving money, and living on a budget. But, I still have many questions about money, money management, and investing. So, I turn to you, my fellow bloggers and [...]

How Much Do You Pay For Daycare? A Poll

I have two children. My daughter is in fist grade. My son is three years old and he goes to daycare five days a week.  His daycare provider is a really, really nice lady from our community. She also keeps five other kids. Her daycare is located in her home, which has a fenced in [...]

Paycheck Poll Update!

Monday, I posted a poll entitled: How Often Do You Get A Paycheck. Here are the updated results, as of 10:30 AM, Eastern Time. Total Votes: 89 Voting Breakdown: Every Week: 9 Every 2 Weeks:  57 Every Month:  16 Other:  7 Here’s a pie chart with the percentages: The overwhelming majority of people who voted [...]