Author Rachel Rodgers says that being in debt is not an automatic sign of being bad with money.
As someone who has tackled debt myself, a home mortgage, student loan, or business debt is typically considered good debt because it's viewed as an investment that grow over time.
Try the debt snowball methodIf you are paying more than the minimum payment, you can try the debt snowball method for debt elimination.
By "snowballing" payments toward your smallest debt, you'll eliminate it quickly and move on to the next-smallest debt while paying the minimum on the rest.
Rinse and repeat with the next smallest debt on the list.
Persons:
Rachel Rodgers, Rodgers, it's
Organizations:
Service
Locations:
Wall, Silicon