Happy Thursday wonderful people! If you have been budgeting, I hope you have found extra money to repay your debt. Let’s talk about how to apply that extra money towards your debt by comparing the snowball and avalanche methods.
Happy Tuesday wonderful people! I have taken a 2-week hiatus from weekly blogging to work on my website. I am excited to reconnect with you and share what I have been up to during that time. Let’s get right into the fun stuff and talk about what is new at Slim Fit Wallet.
After seeing Marvel’s Black Panther, I reflected on the personal finance themes I saw throughout it. Imbedded in the movie is the question of whether giving back is the right thing to do. Read about this and other key finance lessons from the movie.
If you are looking for a way to earn money fast, try selling your used books online. You just need to search several sites (using Book Scouter) to find out which ones will give you the most money for your books. Read for my breakdown of what you need to know and which buyback companies to check out.
One of the smartest money moves you can make is saving for retirement. It allows you to have more security later in life. If you are not self-employed, the employer sponsored 401(k) is a great investment tool. Read for all the basic information you need to know about the 401(k) retirement savings plan.
If you are tired of being crushed by debt, you may be considering debt consolidation. Consolidation sounds like a way to wash away debt fast, but it is not. Before you decide to consolidate your debt, read about the pros and cons, and check out some alternatives here.
This is the first part of a series – most difficult moments paying off debt. It is the time I felt like a bad friend. I share this story to show the type of sacrifices I made to become debt free. Check it out and let me know if you have made tough decisions on your journey to financial freedom.