A simple guide to paying off lingering debt

first_img 41SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr If you find yourself collecting more and more debt while struggling to figure out how you will ever pay it all off, it might be time to develop a step-by-step strategy. Paying off debt starts with making a budget and continues with changing your habits and rewarding yourself for progress. A few contributors to the U.S. News My Money blog offer a guide to get rid of the debt that’s been following you around for too long:1. Create a budget.“The first step to solving your debt problem is to establish a budget,” says Money Crashers contributor David Bakke.​ You can use personal finance tools like Mint.com, or make your own Excel spreadsheet that includes your monthly income and expenses. Then scrutinize those budget categories to see where you can cut costs. “If you don’t scale back your spending, you’ll dig yourself into a deeper hole,” Bakke warns.2. Pay off the most expensive debt first.Sort your credit card interest rates from highest to lowest, then tackle the card with the highest rate first. “By paying off the balance with the highest interest first, you increase your payment on the credit card with the highest annual percentage rate while continuing to make the minimum payment on the rest of your credit cards,” says retail analyst Hitha Prabhakar. continue reading »last_img read more

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LARGE CROWD EXPECTED FOR SPECTACULAR GLENDOWAN 5K

first_imgScenery like this awaits you this SundayIT has to be amongst the most spectacular settings for a primary school in the whole country.And this Sunday Glendowan National School is inviting you to take part in its annual 5k walk and run….around beautiful Gartan.All funds raised will go directly to the school. Children can take part for free; and it’s €8 for adults, with refreshments served afterwards.Registration is in McClaffertys from 10am – and the walk/run kicks off at 11am. LARGE CROWD EXPECTED FOR SPECTACULAR GLENDOWAN 5K was last modified: January 22nd, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:5k runCharity eventGlendowan National SchoolMcClaffertysWALKlast_img read more

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