You see it everywhere now: that slick, easy option at checkout promising to "pay in 4 easy installments." It looks small, manageable, and yes—some might even say it looks cute.
But don't be fooled. This the "Cute Debt Trap."
All in Debt Free
How to Pay Off Credit Card Debt: A Step-by-Step Guide
Struggling with credit card debt? Learn how to take control of your finances with this step-by-step guide to paying off debt quickly and effectively. This post covers 11 actionable strategies, including listing and prioritizing your debts, negotiating lower interest rates, redeeming rewards, cutting unnecessary expenses, and adopting a debt repayment plan like the snowball or avalanche method. Discover tips to stop accumulating debt, boost your income, and make smarter financial decisions. Start your journey to becoming debt-free today and reclaim your financial freedom!
Paying Off 30k of Student Loans By My 30th Birthday: An Update
After graduating in 2019, I was already overwhelmed with the idea of student loan debt looming over my head and my budget, so I set a goal to pay off my student loans before my 30th birthday. In this post, I share with you an update and how the forbearance has dictated my payoff strategy.
40 Day No-Spend Challenge: Here’s What I learned
A No-Spend Challenge is self induced commitment or challenge to one’s self to not spend money in a certain period of time. No-Spend challenges can range from one week to a month, or whatever you heart desires.
I actually did this last year, but I basically gave up online spending for 40ish days. This year, I wanted to do the same as a way to challenge myself and practice self-restraint, but also give my wallet a break.
Here are some of my observations from my no-spend challenge.
Fidelity is Giving Away $30K Towards Student Loans
Friends, today, I’m sharing a giveaway I found on a whim, which could be worthwhile for many people.
If you’ve got student loans, read closely!
Fidelity is running a Student Loan Giveaway through their new finance learning app Fidelity Spire.
Giveaway ends December 8, 2020.
My Plan to Pay Off Over $30K of Student Loans By My 30th Birthday
“Make specific birthday wishes and write it down. You will be amazed about the power of pen and inner strength to accomplish the wishes.”
By the time I had finished my masters degree last year (2019), I had accumulated over $33,000 in debt just from student loans. After reviewing the payoff schedule, it estimated that I would pay off my debt by the time I was 43. That’s when I decided I hated that plan. Instead, here’s my plan to pay off by debt by the time I’m 30, which is 5 years away.