Posts Tagged ‘dealing with debt’

Destroy Your Holiday Debt

Monday, January 30th, 2012

The party is over and now the bills are rolling in. A recent poll cites that Americans spent 548 billion dollars during the holidays (Answers.com). How do you recover and get 2012 off to a great start? Here are three tips to get you and your budget back on track:

  1. Add it up! – This is no time to wimp out or stick your head in the sand. Pull all of your statements together [more...]
  2. Get Strategic. – Figure out what you need to start paying off first. It is tempting to pay the lowest balance first. [more...]
  3. Work as a team! – If you are married, be sure to agree on your approach. Couples that agree on how to approach and tackle holiday debt together get their debt paid off [more...]

[Read the Complete Money Couple Minute HERE]

Scott & Bethany Palmer
Make it Happen!
The Money Couple

Dealing with Debt

Friday, August 28th, 2009

Debt doesn’t go away, so talk about it…Now.

Once you discover that one of you has serious debt, get over the anger and shame and start working on paying down the debt. Your bank can help you work out a payment plan that fits your budget, so be honest with them, too.

Get more practical insight about dealing with debt in the Money Couple MINUTE, Dealing with Debt. In this MINUTE you will learn more about being honest about the past, making a plan, and how to stick to it.