Paying off Debt Archives - Perfection Hangover

debt snowball vs debt avalanche wonder which is better

Debt Snowball vs Debt Avalanche – Free Debt Payoff Excel Spreadsheet

20 Comments / Paying off Debt / By Melissa

Debt Snowball vs Debt Avalanche: What’s the difference, and which one works best? It’s no secret that your biggest wealth-building tool is your income. Different personal finance gurus have varying opinions on whether the snowball method is better for paying off debt or if the avalanche will help you obtain financial freedom faster. Dave Ramsey […]

Debt Snowball vs Debt Avalanche – Free Debt Payoff Excel Spreadsheet Read More »

5 Habits of People Who Pay Off Debt Fast

2 Comments / Paying off Debt, Budgeting, Debt, Personal Development, Personal Finance / By Melissa

Paying off debt is not exactly an easy task. And staying out of debt is even harder (especially if you’re an emotional spender or addicted to swiping credit cards). Those who have become debt free and stayed out of debt have one thing in common. They changed their behaviors and created new, healthy habits to

5 Habits of People Who Pay Off Debt Fast Read More »

Ask me Anything: Negative Equity Upside Down Car

Signs You Might Be Car Poor and How to Fix the Problem

2 Comments / Paying off Debt, Personal Finance / By Melissa

One of my favorite things to talk about is the “car poor” problem in America. This question comes from James Anthony regarding my YouTube video about How to Sell an Upside Down Car. Today I’m going to share with you how buying a new minivan could cost you $2.6 million dollars (and your financial security

Signs You Might Be Car Poor and How to Fix the Problem Read More »

How to Trade In a Car With Negative equity

19 Comments / Paying off Debt / By Melissa

Figuring out how to sell an upside down car so that you don’t lose thousands is daunting. If you’re searching for ways to cover the negative equity in your car, you’re in the right place. In the past, I’ve had a really bad habit of trading in cars with negative equity, losing thousands every single

How to Trade In a Car With Negative equity Read More »

Is Dave Ramsey’s Gazelle Intensity a Financial Fad?

7 Comments / Personal Finance, Budgeting, Debt, Frugal Living, Money Management, Paying off Debt / By Melissa

Dave Ramsey’s gazelle intensity can be compared to a fad diet that forces you to make extreme changes to your finances while obsessing over debt freedom. Dave Ramsey is the host of the financial radio show The Dave Ramsey Show, and shares about how to be gazelle intense to get out of debt FAST. The

Is Dave Ramsey’s Gazelle Intensity a Financial Fad? Read More »