Let's Talk Debt

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Financing

 

Let's Talk Debt


We will all experience having debt at some point in our lives; however if we have goals on the horizon that include a financial component, paying down our debt can help achieve our goals at a faster pace.


Maybe the Snowball Method is right for you..... This involves starting with your smallest balance first, paying that off and then rolling that same payment towards the next smallest balance as you work your way up to the largest balance. This method can help you build momentum as each balance is paid off. 


Check out this helpful resource provided by Wells Fargo to better understand the Snowball Method!

https://www.wellsfargo.com/goals-credit/smarter-credit/manage-your-debt/pay-off-debt-faster/#:~:text=Snowball%20versus%20Avalanche%20methods%20of%20paying%20down%20debt


If you need direct assistance with preparing for a home mortgage allow me to connect you with a local trusted source to help you get on a steady path to success.