Pay Down Debt or Build an Emergency Fund – What to Prioritize?
Being in debt is uncomfortable for anyone. There is an urge to pay down the debts as soon as possible; however, depending on your circumstances, there may be better courses of action.
What is Debt Consolidation and How Can It Help You?
Consolidating debts into one principal amount and monthly payment can be a beneficial strategy for managing multiple debts and reducing your total interest expense paid to creditors.
Debt Avalanche vs. Debt Snowball – Which Method Works for You?
The average debt per U.S. household in 2024 was over $100,000. Families generally have debt related to student loans, credit card balances, mortgages, and automobile loans.
How to Create a Budget for a Family Household
Creating a household budget is not only helpful but also necessary for managing a family's finances. By creating a budget and making sure your family's expenses do not exceed your income, you can better safeguard yourself from getting into debt and other financial trouble.