Ditch the plastic! The Debt Snowball eliminates debt fast. List debts smallest to biggest, attack the tiniest one first with all your cash. Every win motivates you to conquer the next debt, adding momentum to snowball your way to financial freedom! But cut back spending – no adding to the pile while you slay it!
Category Archives: Financial literacy
Reflections: Chasing Success, Tracking, and the Power of Vision
Let’s talk about Success. “The Strangest Secret” by Earl Nightingale is discussed, emphasizing the power of our thoughts in achieving success. Tracking habits and creating a vision board are also recommended.
Overcoming the Human Factor: Tips for Saving for Tomorrow
Kevin Mitnick’s “The Art of Deception” emphasizes how a single human error can compromise even the most sophisticated security system. Economists like Shlomo Benartzi highlight inherent biases in financial decision-making. Strategies to overcome these biases include automating savings, using visual cues, gamifying savings, budgeting, curbing impulse purchases, and eliminating debt.
Corey Stokes 