Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

The debt snowball strategy motivates you to get out of debt by focusing on your smaller balances first. You can use the debt snowball to achieve quick wins, build up momentum and improve your ...

Digging yourself out of credit card debt can seem intimidating, but having a clear plan and strategy can make the process more manageable. Two methods to consider are the debt snowball and debt ...

The typical American household carries $15,762 of credit card debt. With the average credit card interest rate hovering around 13.35% today, that means households could easily spend more than $2,000 ...

The journey to improving your financial health is similar to improving your physical health. There's usually a breaking point or epiphany that inspires you to make a change. Then you set a goal and ...

Married couple Brian and Lindsey Baldwin used to be among the 44 million Americans struggling with student loan debt. Now, the Massachusetts couple is debt-free. The Baldwins, both 37 years old, say ...

COLORADO SPRINGS — With the new year, comes New Year’s resolutions, and some people might be looking to pay off holiday debt. If this is you, you’re not alone. According to Forbes Career Builder, 41 ...

Personal finance experts love to argue about the best approach to shrinking your debt: paying off loans with the biggest balance first vs. tackling your highest-interest debt. This debate can get as ...