Sentences with phrase «tackling larger debts»

This method produces tangible, motivating results more quickly than tackling larger debts that will take much longer to eliminate.

Not exact matches

Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from high levels of foreign currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.

This wasn't something I realized until recently, but having tackled such a large debt makes me feel like I can take on any financial challenges that come my way.

We have a larger debt to tackle but are focused on reaching our goal of being debt free by June 2009.

A study from the University of Michigan, «Winning the Battle but Losing the War: The Psychology of Debt Management,» found that it's more financially effective to tackle the highest - interest debt first — no matter how large the debtDebt Management,» found that it's more financially effective to tackle the highest - interest debt first — no matter how large the debtdebt first — no matter how large the debtdebt is.

Using credit cards allows borrowers to pay their debts in increments instead of trying to tackle larger purchases with cash.

The idea behind this method is that tackling smaller debts first will empower you to go after larger debts, a strategy devised by personal finance expert Dave Ramsey.

Not satisfied with providing credit counseling, debt management, and financial education alone, these renegade employees took to the blogosphere in the hopes of helping not only their current clients, but the rest of the world at large to tackle more of the topics affecting people's everyday financial lives.

If I choose to tackle larger bills at a highest interest rate first, it may be a while before I retire this debt and feel like I've accomplished something.

More often than not, it's better to just roll up your sleeves and tackle your debts smallest to largest until you've killed them all!)

People that find themselves owing large amounts of money to creditors should follow these strategies for tackling debt effectively and eliminating debt completely.