Knocking down debt with the snowball method – another update

Eight years ago, I was single, working as a newspaper reporter and living on my own in an apartment. Oh, yeah. I was also buried in debt – student loans, credit cards, car payments, you name it. It’s not something I’m proud of, but as I’ve chronicled here in the past, I put all thisContinue reading “Knocking down debt with the snowball method – another update”

The Snowball Method: An Update

What a feeling. If you’re just tuning in, some months ago I decided to apply what’s known as The Snowball Method of what remains of my large debts. It’s all steps toward as much of a debt-free life as I can muster, and to show my son that no, debt is not just ‘something you’llContinue reading “The Snowball Method: An Update”

Debt Chains and the Snowball Effect

Whether it’s writing a check for your car payment or clicking ‘pay online’ for that student loan installment, carrying around debt can often times feel like you’re dragging along the undead chains of Jacob Marley. That’s why I’ve already started the ball rolling in the past few months on what I want to take full-strengthContinue reading “Debt Chains and the Snowball Effect”

Why did I spend so much?

For somebody who still has a lot of debt from college to manage, I like to think I’m good with money. Not great, but good. My wife always tells me she thinks I’m better at it, especially since I’m meticulous about keeping a written, balanced checkbook ledger. I try very hard to be frugal. SometimesContinue reading “Why did I spend so much?”