Sentences with phrase «toward larger debts»

Known as the «snowball method,» paying smaller debts first allows you to concentrate more money toward larger debts.

If you instead pay off smaller debts first, that would free up money that you could put toward your larger debt.

Because it's an index fund, the portfolio is skewed toward large debt issuers, such as California and New York, which are weighted more heavily in the index.

Not exact matches

Contract positions: Taking contract positions on a per - project basis allows you to earn larger lump sums of money to put toward paying off your debt.

The quickest way to get rid of your debt and start working toward other financial goals is to cut expenses to free up cash for larger debt payments.

and start working toward other financial goals is to cut expenses to free up cash for larger debt payments.

This makes economies less competitive, and hence even less able to pay debts that are accruing interest, leading toward a larger ultimate default.

BWZ is heavily weighted toward debt from Japan with another large fraction of the portfolio distributed among the Eurozone countries.

But taking on larger amounts of debt might be a solid financial choice if you are working toward a higher - paying degree.

Snow flaking is the little cousin of the debt snowball method, so you will still make the minimum payment on all your debts and list your debts from smallest to largest, but instead of putting a large amount toward your debt monthly, you make smaller payments toward your debt more often.

This will require making tough choices in what you spend your money on each month, which will allow you to make larger payments toward your debt and get your closer to financial freedom.

Their reasoning is that, «bonds are debt instruments, so market value - based bond indexes skew toward issuers with larger debt sizes; therefore, bond indexes are riskier.»

The convenient answer is: When your debt is so small that you can handle it yourself by doing a better job of budgeting; or when your debt is so large that there isn't enough income to pay for basic living needs AND make a payment toward your debt.

While some graduates focus as much of their income as possible toward paying off student loan debt as quickly as possible (and there's nothing wrong with this if it fits your finances), others take a steady approach, making the minimum payments and investing what they might otherwise put toward larger, monthly student loan repayments.

Once you have started the snowball rolling the amount you pay toward the next debt gets larger and larger.

A large signing bonus could go a long way toward repaying your student debt.

Back then, their house was on the market and they had hopes to use profits toward a down payment on a larger house, pay off some debt, and bank the rest as savings.

Without debt on my neck, I think having a much larger buffer would be fine, though I would then divert most income toward investments beyond that buffer.

As debts get repaid, you have fewer individual payments; eventually you will only have one debt — your largest — toward which you can dedicate your efforts.

And making larger payments on installment loans instead of just the minimum is another way you can move toward being debt - free while improving your score.

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.