Sentences with phrase «toward debt reduction»

NFCC encourages consumers to take the first step toward debt reduction by building a 2014 financial plan, including the following often forgotten or ignored areas.

A credit card balance transfer is a good first step toward debt reduction and a sounder financial footing.

The first step toward debt reduction is taking an honest look at what you owe, says Laurie Campbell, CEO of Credit Canada Debt Solutions, a non-profit credit counselling service based in Toronto.

Erase Debt Now Continue reading «How Much Money Should Go Toward Debt Reduction?»

Saving money can help you put more toward debt reduction and credit repair.

But if you are desperately trying to keep up with payments for credit card debt and other bills, it may be time to cash out your savings and put it toward debt reduction.

You're putting at least $ 1,100 / month toward debt reduction and as you tick off debts, that amount is just going to keep growing.

So, if you decided that you can put $ 200 a month toward debt reduction, and you first credit card debt has a minimum payment of $ 35, you would pay $ 235 a month until that debt was retired.

Add the money that you can put toward debt reduction to the minimum payment.

In my case, I started by allocating $ 700 every month toward debt reduction.

Basically, if you put everything toward debt reduction, you have nothing to use for emergencies.

The company has already put at least $ 850 million toward debt reduction from the sale of a gold mine in Australia, and a portion of its stake in the Porgera mine in Papua New Guinea to Chinese company Zijin Mining Group.

Not exact matches

I'm very glad for your debt reduction and move toward full - time blogging / writing.

Debt reduction should one of the first steps toward building a savings.

So, if you know how to shorten these money leaks you will be able to apply this money toward your credit card debt reduction.

Under this plan, I'd then take the remainder of the $ 700 I'd allocated toward monthly debt reduction and apply it to the computer loan.

Some people argue that instead of putting extra money toward mortgage debt reduction, people should invest those funds to accumulate a larger nest egg.

Two debt - reduction strategies are useful: 1) the snowball approach where you pay off the smallest balance first, then move on to the largest and 2) the roll - down method where you put extra funds toward the balance with the highest interest rate first.