10Mar 2012 by Women's Money

How to Avoid Taking on More Mortgage Than You Can Afford

Debt
Buying a home can be one of the most exciting things you'll undertake in a lifetime. The process can also feel overwhelming, and lead to a tough financial position if you take on more mortgage than you can afford. It is crucial for woman home buyers, whether purchasing a home on their own or with a spouse, partner, or other co-borrower, to understand just what the financial commitment entails. (more…)
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10Mar 2012 by Women's Money

Understanding the Debt Snowball

Debt, Popular
The debt snowball method is a great way to pay off debt, especially if you have several different debts. Put simply, it's a plan that helps you focus on one debt at a time until that individual debt is G-O-N-E. Then you move on to the next one in the list, repeating the process until you can proudly shout "I'm debt free!". (more…)
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10Mar 2012 by Women's Money

Getting Out of Debt: Where to Start

Debt
I’ll never forget my financial breaking point when I was younger. I was 23 and had no way to pay for school. I really wanted to go to school because education is so important to me and I had no financial resources left for me to turn to. I had not only student loans, but medical debt as well that was terrifying me. I couldn’t ask family members or my boyfriend and all I had was myself to rely on so I took action. (more…)
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