Summer is synonymous with sunny days, family vacations, barbecues, road trips and good times. Unfortunately, many of the things that we all look forward to in the summertime cost money and can cause us to get off track from our savings plan. (more…)
savings
Plan on Enjoying a Long Retirement
When my mom told me she was moving from small-town South Carolina to the Gulf Coast of Florida, images of alligators, Disney World and The Golden Girls danced through my head. While I knew she had worked hard to put me and my brother through college, I was quite surprised to learn her sound financial planning had been able to afford her this incredible move. (more…)
Snowball vs. Avalanche: Two Ways to Pay off a Mountain of Debt
There are many Americans who have found themselves stranded atop a mountain of debt. For those determined to navigate down the mountain the first question is, “Where do I start?” If you have multiple debts of various sizes and interest rates, it can be difficult to decide which debt to pay off first. Here are two ways to come down from a mountain of debt, aptly coined the Avalanche method and the Snowball method. (more…)
