If you’re in debt, you might think that the best way to pay it off is to tackle the highest interest debt first. It does make logical financial sense because overall there would be less interest to pay, saving money in the long run. However… there’s a massive downside to this method of debt repayment – […]
Our debt ladder (or debt snowball method)
Since writing my first post last month on ‘facing up to debt’, my husband and I are still feeling very focused about taking control of our finances. I have spent this time finding out exactly what debt needs paying off and to whom. I’m afraid it is worse than we first thought. However, we can […]