Tag Archives: online savings accounts

Donna Writes and Asks “What Is The Best Way To Become Debt Free The Fastest?”

“Dear Steve, We owe about $70,000 on our mortgage (we pay $100 extra each month), we have a $110,000 equity line and about $20,000 in credit card debt. We pay extra on each but don’t seem to be getting anywhere very fast. We want to be debt free. What is the best way to become [...]

Should I Use My Money in the Bank to Pay Down My Credit Card? – Jenn

Jenn “Dear Steve, I have been out of college for 3 years. I have 26,000 student loan debt with low interest rates 1-4%, 6000 in credt card debt with 9% interest. I’m struggleing with if its better to have a savings accont or to pay down my debt. i currently have a savings account, but [...]