Sentences with phrase «deeper debt hole»

Finding a counselor and admitting your weaknesses is better than digging a deeper debt hole that you can't climb out of.

So don't slap together something haphazardly in MSPaint and call it a day — that's going to get you nowhere but a deeper debt hole down the road.

This kind of strategy will dig you into a deep debt hole in the blink of an eye.

Not exact matches

I would think the pressure of leaving college with mountains of debt, trying to make it in this world is much like being place in a deep dark hole and being told to claw your way out.

If you opt for a debt consolidation program, then you should stop swapping your cards as otherwise you will dig yourself into a deeper hole.

Ensure that you understand on how deep the hole of debt actually is.

Instead focus on paying your debt off rather than digging yourself a deeper hole that could be merely impossible to climb out off.

Adding more credit card debt will only put you in a deeper financial hole.

Consolidating various loans can halt the avalanche of debt from continuing to snowball, but don't let those paid off accounts become a temptation to dig yourself even deeper into a hole.

This won't eliminate the debt, but it will eliminate the chances of you digging yourself a deeper hole.

Remember, you're not going to get out of debt if you keep digging a deeper hole.

There is a third way for revolving debt that beats highest - interest first in terms of optimality (usually), but it carries a * very large risk * of winding up in a deeper hole if not done with strict adherence.

Otherwise, you could find yourself trapped in a cycle of upside - down debt that will only get worse as you roll it over into more and more cars, digging a deeper hole with each attempt.

Answer: If your friend can pay only the minimum on his debt and can't save for retirement, he's in a deeper hole than he probably realizes.

Not playing close enough attention on what you owe is sometimes the reason behind why many people fall into a deep hole of debt.

This can be tricky because it makes you feel like you are making progress towards resolving debt, but unless you're careful, you could be digging a deeper hole for yourself.

Summary: The first step is to avoid debt at all cost, it's a vicious cycle that can put you deeper in the hole Start planning for your rainy day fund with the goal to have 3 - 6 months in reserves for any emergencies Start...

Avoid digging yourself into a deeper financial hole by taking on debt you can't afford.

If you borrow against your house you may be digging yourself deep into a financial hole, so mortgage debt can be bad debt.

Don't worry, we got this, your questions will be answered soon... When life comes at you hard with bills and payments you need to act quickly, or risk digging yourself in a deep hole of debt.

You may wind up in a deeper hole because postponing student loan payments through forbearance increases the debt.

Couples can enter marriage with student loans, credit card debt, and car loans as well, an expensive wedding just puts you in a deeper hole.