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Tag: debt repayment

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Ditching Debt: Proven Techniques for Debt Reduction and Elimination Webinar

  • Posted on March 21, 2024September 4, 2024
  • by BrightDime

It takes almost no time to build debt, but what feels like forever to pay it off. Having a strategy will help you to accelerate your debt repayment. In this…

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What you can do with a tax refund or an unexpected windfall?
  • Uncategorized

What you can do with a tax refund or an unexpected windfall?

  • Posted on July 22, 2020July 26, 2022
  • by BrightDime

If you’re one of the lucky Americans who will get a tax return this year you may be faced with a pleasant dilemma: what do I do with this extra…

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  • Glossary

debt snowball

  • Posted on March 7, 2019July 26, 2022
  • by BrightDime

A debt snowball is a debt repayment strategy that prioritizes paying off your debt with the smallest balance, moving to the next smallest once the first one is paid off, gaining momentum…

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  • Glossary

debt avalanche

  • Posted on March 7, 2019July 26, 2022
  • by BrightDime

A debt avalanche is an accelerated debt repayment plan that prioritizes paying off debt with the highest interest rate, saving you money in total interest paid compared to other methods. You…

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  • Uncategorized

Understanding and Overcoming Financial Procrastination

  • Posted on January 15, 2019July 26, 2022
  • by BrightDime

Pro·cras·ti·na·tion (prəˌkrastəˈnāSH(ə)n) – the action of delaying or postponing something. We’re all familiar with procrastination; whether it’s a particular household chore or those financial tasks we all know we should…

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What is 50/30/20 Budgeting?
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What is 50/30/20 Budgeting?

  • Posted on October 5, 2018July 26, 2022
  • by BrightDime

A budget is a plan that you create for your money, setting up a framework for ongoing spending and saving for your financial goals. Some budgeting methods are rigid, very…

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