If so, maybe you are best to
focus on debt repayment, as a near - term move might be more important in the grand scheme of things than your long - term retirement plans.
Accordingly, we expect the company to
focus on debt repayment over the next several years.
«If debt is what keeps them up at night,
focus on debt repayment.»
«We are
focused on debt repayment and capital flexibility, investment in the long - term sustainability of our core iron - ore assets, creating low - cost future growth options and delivery of returns to our shareholders,» the company said in a statement.
While in a perfect world
focusing on debt repayment means more interest savings, we don't live in a perfect world.
The danger of solely
focusing on debt repayment over an extended period is that it «may start that slippery slope of accumulating debt again,» because you haven't achieved the right spending balance.
We have been
focused on debt repayment (debt - free now except for the mortgage), then paying cash for our wedding, downpayment, and honeymoon (check, check, check), so now we want to focus more on giving to charity.
Personally, with your low expenses, I don't think it's much of a risk for you guys to be
focused on debt repayment first.
Not exact matches
It might seem counter-intuitive to
focus on saving money instead of paying off
debt, but having a $ 1,000 emergency fund in place first provides a financial cushion so that unplanned expenses, such as medical bills and home repairs, don't completely derail your
debt -
repayment plan.
I'm not
focused on any major passive income streams at this time, as I continue to work
on debt repayment.
The
focus is often
on debt repayment and home ownership.
Debt avalanche: When following this debt repayment method, you want to focus your efforts on the credit card that is charging the highest interest rate fi
Debt avalanche: When following this
debt repayment method, you want to focus your efforts on the credit card that is charging the highest interest rate fi
debt repayment method, you want to
focus your efforts
on the credit card that is charging the highest interest rate first.
The meeting will likely
focus on the issue of Greece's
debt and to conduct negotiations at the highest political level, as Tsipras called for earlier in case the ongoing talks of the country's
repayment plan were hindered.
We find that previously - reported differences in
debt at graduation — of about $ 7,400 — are less than one - third of the total black - white
debt gap four years later, due to differences in both
repayments and new graduate borrowing (we
focus primarily
on the black - white gap, which is by far the most pronounced).
You can easily
focus on paying off your
debt with one of the
repayment methods it also offers.
By consolidating existing
debts this complexity is reduced to a single
repayment that is easier to
focus on.
By
focusing on your smallest
debt first, you'll be able to pay it off very quickly, giving you a feeling of progress and an important boost in motivation, which can help you stay
on track and keep to your
debt repayment plan.
The plan might involve establishing a
repayment pecking order, having you
focus on paying down high - interest
debts first while making minimum payments
on other
debts.
Once your
debt repayment and spending are in place,
focus on finding ways to increase income.
This alternative, if accepted by your creditors stops all interest charges and legal process brought against you and allows you to
focus on the
repayment of all or a portion of your
debt.
A
debt investor
focuses in
on companies with solid tangible assets because it provides a better protective foundation for the
repayment of the
debt's principal in the event a company experiences difficulties or were to go bankrupt.
Thinking of your
debt repayment in these terms helps you to stay
focused on making smart financial decisions with your money.
Your aim should be to pay more than the minimum — unless you've pricey
debts elsewhere, in which case
focus max
repayments on them.
After all, many millennials struggle with overwhelming amounts of student
debt and over half of millennials are putting off life milestones like homeownership in order to
focus on their student loan
repayment.
We also include a
debt repayment worksheet for those who are
focused on repaying their
debts sooner.
Regardless of what you
focus on first, make sure you continue to make at least the minimum
repayments on all of your
debts to avoid any late payment or default fees.
Experts wanted the federal government to
focus more
on repayment rates instead of default rates, saying that colleges should be judged
on whether students they educate are able to make progress paying down their
debt.
Our advocacy
focuses on increasing public understanding of student lending issues and identifying policy solutions to promote access to education, lessen student
debt burdens and make loan
repayment more manageable.
Currently, I'm
focusing a lot
on debt repayment over investing, so it sounds about right.
But I would definitely
focus my attention
on debt repayment as their short - term goal.
In this model, you list all your card
debt by interest rates and
focus repayment on the one with the highest interest rate, regardless of how much you owe
on each card.
Many of us are dealing with student loan
debt repayment and are
focusing on other financial priorities, so insurance often falls to the bottom of the list.
This free mortgage training video discusses liabilities to include for monthly
debt payment - to - income - ratio, this part
focuses on monthly housing expense & payment
on all installment
debts, example calculation
on student loans
repayment & student loans in deferment or forbearance, alimony, child support or maintenance, monthly payments
on revolving or open - ended accounts regardless of balance, monthly lease payments, aggregate net rental loss, monthly payment amount for other properties and more.