Saturday, July 31

Debt payoff

Debt payoff, DFP, Freelancer, Personal Finance, Personal Finance Insider, pfi, PFI GOBankingRates, PFI Related Content Module, PFI-XAMP, Student Debt, student loan payoff, Student Loans

4 straightforward strategies a millennial used to pay off $25,000 of student loans in 10 months

After a job loss and financial emergency, Ashley Patrick was determined to get out of debt. She had $25,000 of student loans left to pay, so she and her husband took aggressive action. They paused their 401(k) savings, cut their spending way down, and carefully tracked their payoff. Read more stories on Personal Finance Insider. For many of us, student loan debt may feel like a ball and chain that we drag around for years on end.That's how Ashley Patrick felt about her $25,000 in student loans. When her husband lost his job and the couple was unable to quickly pay back a loan they'd borrowed against their 401(k) to remodel their house, they ended up owing th...
Debt payoff, DFP, Freelancer, Personal Finance, Personal Finance Insider, pfi, PFI GOBankingRates, PFI Related Content Module, PFI-XAMP, Student Debt, Student Loan Debt, student loan payoff, Student Loans

5 steps a couple took to pay off $25,000 of student-loan debt in 5 months

Kelan and Brittany Kline graduated with a combined $40,000 in student loan debt. By 2018, they had $25,000 left, and they decided together to focus on paying it off. They dramatically cut back their expenses and earned as much money as possible to pay off the debt. Read more stories from Personal Finance Insider. Student debt is crippling America. The total student loan debt in the US currently hovers at a staggering $1.7 trillion, and the median amount of outstanding student debt for an individual is between $20,000 to $25,000. Which is why, sadly, it's no surprise that people continue to pay off their debt into their 60s and beyond.But what if you could cr...
Debt, Debt payoff, DFP, OneUnited Bank, Personal Finance, Personal Finance Insider, pfi, PFI GOBankingRates, PFI Related Content Module, PFI-XAMP, Savings, Tiffany Aliche

A personal finance expert has 2 tips for paying off your debt faster

You may be able to pay off your debt faster than you think, even if you don't have a ton of extra money on hand.Personal finance expert and author Tiffany "The Budgetnista" Aliche spoke at OneUnited OneTransaction, a conference about closing the racial wealth gap, about her best debt payoff tips. She recommended putting all "unexpected money" toward paying off your debts."Unexpected money is any money that you were expecting to spend but did not, or money you were not expecting to receive but did," Aliche said. 1. Money you expected to spend, but didn'tAliche gave the example of buying a $50 item, only to find out when you go to the register that it's half off. Instead of grabb...