I just received an interesting email from a reader, Bob. Bob asks, “NCN, I understand how the debt-snowball (and various similar methods) work while paying off debt, but I wonder if you could share HOW you actually paid off your credit cards early. Did you send one payment per month to each debt account? Did you send multiple checks? I…
Author: NCN
Day 30 of 33 Days And 33 Ways To Save Money And Reduce Debt: Know Your Weaknesses (Spending Triggers)
Click here to read all of the 33 Days And 33 Ways To Save Money And Reduce Debt posts. Day 30: Know Your Weaknesses (Spending Triggers) If you have struggled to get out of debt, take a few minutes and write down a list of your, personal ‘spending triggers’. When you find yourself in certain circumstances – or around certain…
If You Get Your Paycheck A Few Weeks Early – Be Careful!
My wife is an educator and she normally gets her paycheck on the last day of each month. But, in November and December, she gets her paycheck a couple of weeks early, due to the fact that school will be out for Thanksgiving and Christmas holidays. In the past, we would look forward to this “early money”, because we were…