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snowball method

Personal Finance

How to Eliminate Your Debt in 5 Easy Steps

Did you know that roughly 40 percent of Americans have credit card debt? Even further, research shows that American households owe an average of $6,929 to the creditors. What’s even more interesting, is that as a society; we’re earning more but we also owe more! I think it’s safe to say, that when it comes to credit card usage, it can fast become a downward spiral, if you let it. Unfortunately, I am not an exception to this revelation. But instead of hiding under a rock, I’m determined to do something about it and eliminate, or for purposes of this post, slay my credit card debt – once and for all. Are you interested in becoming debt free? Keep reading to learn how you can eliminate your debt in 5 easy steps.  Continue Reading